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Loehmann's was an American retail company which started as a single store in Brooklyn, New York and grew to a chain of off-price department stores in the United States.The chain was best known for its "Back Room", where women interested in fashion could find designer clothes at prices lower than in department stores.
Liquidation sales started in early 2017 for the 120 mostly U.S.-based stores owned by high-end women's clothing line BCBG, which filed for bankruptcy at the same time.
Gantos – a women's specialty clothing retailer based in Grand Rapids, Michigan. In late 1993, the company announced bankruptcy reorganization, closing 50 stores between 1993 and 1994, [58] and the chain announced the liquidation of its remaining 114 stores by the end of the decade, ceasing operations in 2000. [59]
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
When liquidators started sales at Linens 'n Things, ABC News found new, higher price tags on top of older, lower ones. Related: Iconic Department Stores We Miss Jeka33/istockphoto
We found the best end-of-year, Boxing Week, and New Year's sales on fashion, beauty, and home. Score up to 70 off at stores like Nordstrom, Alo, and more.
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