Number of the Day

Behind Lord & Taylor’s Bankruptcy, By the Numbers

A venture-backed startup acquired the department store chain last year. Then they both went bankrupt.

Marker Editors
Marker
Published in
2 min readAug 5, 2020

--

Graphic card with the text “Number of the Day: $100,000,000”

$100 Million: That’s approximately what Le Tote, a clothing rental startup, is reported to have paid to acquire the iconic Lord & Taylor department store

--

--