Around the Net
Loehmann's Avoids Filene's Fate
- Crains, Tuesday, June 25, 2013 8 AM
Against these odds, Loehmann's, a 92-year-old discount chain that has filed for bankruptcy twice in a dozen years, has managed to avoid the fates of Filene's and Daffy's, which went out of business because of competition. The company is doing it by switching from a generic quick-sale place to a boutique-style discount chain.
