Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, these are the less-than-elegant last days of what, in the days when department stores were destinations, was one of New York City’s most elegant: Lord & Taylor, a fortress on Fifth Avenue.

1. What was the guilt about?
2. Was the article really about the store?
3. What was the most interesting thing you read in the article?
4. How is this article similar to the previous Sears article? Identify at least two things that the articles have in common.

Barron, J. (2018). At Lord & Taylor, Everything Must Go. A Daughter’s Guilt Will Remain. The New York Times, Dec. 30 (Retrievable online at