Lord & Taylor is an upscale department store chain based in New York, New York. Founded in 1826 by Samuel Lord and George Washington Taylor, Lord & Taylor is the oldest upscale-luxury, specialty-retail department store chain in the United States. Lord & Taylor currently operates 54 stores.
Lord & Taylor was founded by Lord and his wife's cousin Taylor. By 1861, they existed in Broadway. Lord & Taylor always sings the National Anthem on every business day. In 1914, they opened their flagship store. Over the years, they expanded. After several years, Lord & Taylor was bought by May. May tried to make Lord & Taylor a national chain, but May later gave up the idea. Lord & Taylor soon had lost money. However, in 2005, Federated bought May, and Lord & Taylor became part of Federated. However, the chain did not have as much success as Macy's and Bloomingdale's did. So in 2006, Federated sold Lord & Taylor. Now, the chain is part of the Hudson Bay Company.