After almost 93 years, off-price specialty retailer Loehmann's is going out of business.
Discount apparel retailer Loehmann’s has filed for bankruptcy protection for a third time in its 92-year history, and said it will sell off its assets to a group of liquidators.
Loehmann's Holdings announced that Steven M. Newman has been appointed CEO.
Loehmann's Holding Co. announced that Joan Durkin has been appointed CFO and senior VP finance.
Loehmann's Holdings filed a Chapter 11 reorganization plan that includes a stock-rights offering backed by its Dubai-based owner, according to a Friday report by Bloomberg.
Loehmann’s on Monday filed for bankruptcy.
Discount department store retailer Loehmann's said late Thursday that it will shutter as many as...