Lord & Taylor to close all stores

Could the Lord & Taylor anchor store at the Walden Galleria find new life under a different owner? Retail analysts believe the 100,000-square-foot, two-story store might be one of the Lord & Taylor locations that reopens if the venerable chain finds new owners. Lord & Taylor's current owner, the international retailing conglomerate Le Tote, filed for Chapter 11 bankruptcy protection. As part of its financial woes, the chain said all 38 Lord & Taylor department stores will close and its assets liquidated. Lord…