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Loehmann's Stores Going Out of Business

Liguidation sales start Thursday at all 39 stores nationally, including the one in Loehmann's Plaza.

Loehmann's department store in Loehmann's Plaza
Loehmann's department store in Loehmann's Plaza
Loehmann's will begin liquidation sales Thursday at its 39 stores, including its Georgia locations at 2480 Briarcliff Road in Loehmann's Plaza and at 120 Perimeter Center Place in Dunwoody.

Loehmann’s said Wednesday that a U.S. bankruptcy court has approved plans for a group of outside firms to conduct “Going Out of Business” sales at each of its stores, The Associated Press reported. The sales will include the liquidation of more than $65 million of inventory, according to the company.

Loehmann's Plaza lost a major tenant this summer when OfficeMax closed. That closing came after the merger of Office Depot and OfficeMax in February. Office Depot has a store in the Toco Hills Shopping Center.

According to published reports, Loehmann's executives cited two main reasons for the company's current financial problems -- its slowness in introducing e-commerce to customers and declining economic conditions in such states as California, New York, Florida and the Midwest.

The stores will have normal business hours during the liquidation sale.
Sandy Berrett January 16, 2014 at 08:24 PM
Since 1996, I have occasionally shopped at Loehmann's stores in the Miami Beach area and in West Los Angeles, purchasing a few things that I liked and still enjoy wearing. Shopping a few times in the Washington DC area recently though, I found that there was really nothing that made me want to return to the store so I'm not surprised to see they are closing.

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