"Released" usually means the a package has been processed and is ready to be shipped. You should receive an email once your order has shipped.
Here's Lord and Taylor's shipping information:
When will my package ship?
Most orders placed before 2:00 PM EST, which are being filled from our warehouse, will ship the same business day. Orders placed after 2:00 PM, which are being filled from the warehouse will be shipped the next business day. Orders filled from another one of our facilities may incur a slight delay.
Shipment confirmation
You will receive a shipping confirmation email when your purchase has left our facilities. The shipping confirmation email will include delivery tracking information.
Some orders may come in separate packages; in this situation, you will receive an individual shipment confirmation email for each package. . Please note, for orders shipped in separate packages, you will only be charged for shipping once.
Track an order/delivery
To track delivery on a Lord & Taylor order, please refer to the tracking number sent in the shipment confirmation email that was sent to you when your items left our facilities.
Some orders may come in separate packages; in this situation, you will receive an individual shipment confirmation email for each package including tracking information.