<P> Lord & Taylor is a department store in the United States, the oldest department store in the country . Headquartered in New York City, it is a subsidiary of the oldest commercial corporation in North America, the Hudson's Bay Company . </P> <P> Lord & Taylor has 50 locations, and four L&T outlets . </P> <P> English - born Samuel Lord started a dry goods business in New York in 1824, and opened the original store that would become Lord & Taylor in 1826, on Catherine Street . The shop stocked hosiery, misses' wear, and cashmere shawls . His cousin, George Washington Taylor, joined in 1834, and the store was named Lord & Taylor . Sames S. Taylor, Lord's brother - in - law, replaced George Taylor in 1845 and the store moved to Grand and Chrystie Streets in 1854 . </P> <P> In 1860, they opened a second store on Broadway at Grand Street, keeping the older store open . Lord retired in 1862 . In 1870, the Broadway store moved a mile uptown, to a new cast - iron building at Broadway and 20th Street, in the area known as the "Ladies' Mile". The new store expanded around 1890 by annexing a building to east . The downtown store continued to function, expanded through to Forsyth Street, and advertised until at least 1887 as a new building . Samuel Lord's estate sold the Grand Street store in 1901 . </P>

Where did lord and taylor get its name
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