Lord & Taylor filed for Chapter 11 protection in Richmond, Virginia, on Sunday, Bloomberg first reported.
Why it matters: The 194-year-old luxury department store chain is the oldest in the United States. It's the latest retailer to declare bankruptcy during the coronavirus pandemic.
Go deeper: The impending retail apocalypse
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One dose of the Pfizer or AstraZeneca coronavirus vaccine "barely" protects against the Delta variant of the virus, because of mutations the variant has developed, according to a new study published in the journal Nature Thursday.
Why it matters: The study found that two doses of those vaccines generated a neutralizing response to the variant in 95% of people, highlighting the importance of full vaccination against COVID-19.
