In the same paper where Milnor introduced the concept of microbundles, he gave the following definition. $M$ has a microbundle neighborhood in $N$ if there is a neighborhood $U$ of $M$ in $N$ and a retraction $r: U \to M$ so that $(M, U, i, r)$ is a microbundle (where here $i$ is the inclusion map).
In a remark, Milnor mentions that he does not know if every locally flat submanifold $M$ of a topological manifold $N$ has a microbundle neighborhood. It has been many years since that foundational paper, so I imagine that result is now known. Does anybody know the state of this?