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Loehmann's going out of business

The high-end discount clothing store filed for bankruptcy

The high-end discount clothing store filed for bankruptcy after 93 years. (January 9, 2014 6:09 PM)

After nearly 100 years in business, department store Loehmann's announced it will be closing its doors.

The high-end discount clothing store, whose headquarters is located in the Bronx, filed for bankruptcy after 93 years. The company also has a department store in Riverdale.

As part of the bankruptcy process, the company has gone into liquidation and is offering bigger discounts to...

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