Retailer Loehmann’s Closing For Good Today!

052610Stores6TBToday discounting pioneers Loehmann’s are officially closing their doors today. Loehmann’s prices were mark down to 80% and 90% off according to NY Racked. The struggling discount chain started liquidating its inventory last month after failing to find a buyer. Loehmann’s blamed its financial woes on the economy and on competition from other clothing stores. The original Loehmann’s opened in Brooklyn in 1921. LINK

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