.

Loehmann's Closing In Morton Grove

The national designer discount chain loved by generations of fashionistas is liquidating. But it's going out with a heck of a sale.

Loehmann's in Morton Grove is plastered with "going out of business" signs. Photo: Pam DeFiglio, Patch.com
Loehmann's in Morton Grove is plastered with "going out of business" signs. Photo: Pam DeFiglio, Patch.com


In Loehmann's famous Backroom, you might find a Valentino or a Moschino, Sonia Rykiel, St. Laurent or Missoni. The stuff of Parisian and Milanese boutiques so exclusive one barely dares to enter them--and all at sharply slashed prices, at the Morton Grove and Northbrook locations.

Loehmann's announced the entire chain, with stores in urban centers from New York to California, is going out of business. 

That will sadden customers who have been decades-long fans. But The New York Observer practically salivates considering the going out of business sales, and recalls a time Fran Drescher hit up a Loehmann's sale on "The Nanny."

Loehmann's filed for bankruptcy protection in December due to competition in the off-price sector and other factors, CNBC reported, and arrangements were made to liquidate $65 million in inventory.
John Stephen January 10, 2014 at 07:44 AM
Great! another gaping hole in a local shopping mall that will take years to fill and cause the smaller tenants to lose business from the reduced foot traffic.
nancy davidson January 12, 2014 at 05:32 PM
who cares - it was a poor quality store - like the rest of the stores in the area - the area won't clean up their act like lowering taxes and bringing more middle class persons into the northwest suburbs - let all of the clerks in these stores find themselves unemployed!
John Stephen January 13, 2014 at 10:38 AM
Every resident of Morton Grove should care, poor quality or not, it injected sales tax revenue into Village coffers. My neighbors and I pay dearly in property taxes to make up for every vacant store front in this town. Unemployed people have a hard time paying taxes, don't wish something on others that you're not prepared to endure yourself.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something