NEW YORK Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Mens Wearhouse and Jos. Both filed for bankruptcy protection, separately, in the Eastern Court of Virginia on Sunday. Bank stores, was struggling even before shelter-in-place orders smothered any demand for suits or ties. Bank stores, along with K&G Fashion Superstore and Moores Clothing for Men, all owned by Tailored, with continue to operate during restructuring. About two dozen stores have sought bankruptcy protection since the pandemic started.

Brooks Brothers will permanently close more than a quarter of its 200 stores. Brooks Brothers said Wednesday that it will continue operations as it restructures and is looking to reopen shops that are not being closed permanently. “The good thing about Brooks Brothers: It’s a very strong brand," he said. Brooks Brothers' two-button suits were a favorite of President John F. Kennedy. Clark Gable wore Brooks Brothers and Jennifer Aniston appeared on the cover of GQ magazine wearing nothing but a red, white and blue Brooks Brothers tie.