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Loehmann’s Closing

February 4, 2014

After 94 years in business Loehmann’s, the discount clothing store founded by Frieda Loehmann is closing. Loehmann’s began in a basement on Nostrand Avenue in Brooklyn in 1920 and moved to 1476 Bedford Avenue ten years later. Frieda bought overstock and samples from the high-end Seventh Avenue fashion houses and sold it at discount prices. Having to work to support her family because her husband, a flutist had a paralyzed lip Frieda became friends with the top figures in world of fashion.

By the time of her death in 1962 at age 88, the chain had expanded throughout the tri-state area. The company today, owned by a hedge funds will be liquidating all 39 stores by March. Loehmann’s is added to the list of off-price retailers like Syms, Filenes, and Daffy’s which have closed in recent years.

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