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onkarkulkarni
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Loehmann's Going Out of Business

submitted on January 9, 2014 by onkarkulkarni in "Stores / Merchants"
After 93 years of service, Loehmann's is going out of business. They are not accepting any online orders. You can shop their stores for merchandise over 90% off.

After almost 93 years in business, the chain’s final blow-out follows their official filing for Chapter 11 bankruptcy protection on December 15—a grim and inevitable fate after filing twice previously. It seems big department stores are taking a hit, with Daffy’s already gone and Macy’s announcement that it will lay off 2,500 employees.


reference:

http://observer.com/2014/01/fashion/
     

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  • 188808
    onkarkulkarni
    professor
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    Posted by onkarkulkarni on January 9, 2014 [reply] 0 0
  • 188813
    mdshopper1
    master
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    Posted by mdshopper1 on January 9, 2014
    [reply] 1 0
    wow, we have one less than two miles away from our house....i had not heard about this. it has been there for years!
  • 194932
    djhciskoski
    professor
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    Posted by djhciskoski on April 9, 2014 [reply] 0 0
    Coming back online:
    Loehmann's will live again - but this time, you won't have to worry about elbowing your way through the communal dressing room to get those bargains on designer clothing.

    The beloved department store, which had four New York City locations but went bankrupt in late 2013, will return as an online retailer in May, WWD reported Tuesday.

    Read more: http://www.nydailynews.com/lif.....z2yRf9r5fW

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