Lord & Taylor to close at Bala Cynwyd Shopping Center

The Lord & Taylor at the Bala Cynwyd Shopping Center is one of 19 stores that will close as part of the retailer’s Chapter 11 bankruptcy. The store has been an anchor at the center for decades and occupies 120,000 square feet of the 294,000-square-foot retail property. The shopping center is owned by Federal Realty Trust (NYSE: FRT). Lord & Taylor also has a location at the King of Prussia Mall and that store is not on the list of closures. The space that it occupies at the King of Prussia Mall…