Oh No! Loehmann’s Is Going Out Of Business

nanny loehmannsPhoto: CBS

 

Guess we were right. The national designer discount store known as Loehmann’s has officially gone out of business and will be closing all of its locations effective immediately. They sent out a mass email to their subscribers on Thursday informing them of the change and promoting their liquidation sales of new season inventory.

After a rough 2013, they filed for bankruptcy in December amidst waning sales and competition from e-retailers. It was their third bankruptcy. The company that gained a hefty following throughout the east coast for over 90 years, joins Filene’s Basement and Daffy’s Inc. who also closed their doors in recent years.

While a piece of fashion history is ending.. who else is planning a shopping trip to the nearest Loehmann’s location THIS weekend.?

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