Loehmann’s discount retailer going out of business after 93 years

The company got its start in Brooklyn when its first store opened in 1921.

The company got its start in Brooklyn when its first store opened in 1921. (1/9/14)

BROOKLYN - It's the end of an era for a popular discount retailer that got its start in Brooklyn.

Loehmann's has begun liquidating its inventory of discounted designer clothing after filing for bankruptcy last month.

The retail store traces its roots back more than 90 years when it opened its first-ever store in Crown Heights in 1921.

Shoppers at the Sheepshead Bay location are disappointed that it’s closing up shop. Many say they have fond memories of Christmas shopping there with their families as kids.

A company spokesperson says that all 39 stores nationwide will shut down by March because of an increase in competition.
 

advertisement | advertise on News 12

Trending Video

At least six people have been arrested and 1 Six arrested, 4 more sought in Coney Island gang assault video
Senior Samuel Langshteyn received a cochlear implant when 2 Best of Brooklyn: Hearing-impaired student performs in play
VIDEO: News conference on annual Denim Day 3 VIDEO: News conference on annual Denim Day
News 12 viewers took to Facebook to discuss 4 The Buzz: 8-year-old wanders out of charter school, found walking along train tracks
Funeral today for FDNY firefighter William Tolley from 5 Funeral set for FDNY firefighter killed in the line of duty

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE