John Arensmeyer of the Small Business Majority joins Fox 5 On The Hill to discuss what small businesses need to stay afloat during the coronavirus pandemic. FOX BUSINESS - Lord & Taylor is exploring filing for bankruptcy protection after it was forced to temporarily shut all of its 38 U.S.
department stores in the wake of the coronavirus outbreak, people familiar with the matter said on Monday. It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, some of the sources said, adding that no final decisions have been made.