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Loehmann's to Close

The store's liquidation sale began Thursday.

The chain was known for it's "back room" bargain racks filled with discounted name-brand clothing. Photo by Jane McInnis
The chain was known for it's "back room" bargain racks filled with discounted name-brand clothing. Photo by Jane McInnis

BY JANE McINNIS

Loehmann's in San Ramon began their store-closing sale Thursday as the discount retailer is liquidating its assets after filing for bankruptcy in December.

Opened in 1921, the New York-based department store is closing all 39 of its remaining stores including locations in Sunnyvale and San Francisco. 

The bankruptcy was the result of "increased competition in the off-price retail niche and limited access to capital," the company said in a statement.

There are 15 people employed at the retail shop according to last month's city business license.

There's no set date for the store's closure, located at 3161 Crow Canyon Place.

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D. Mom January 10, 2014 at 10:43 AM
Wow, what's going to be left in San Ramon? Everything is closing. Dublin, Pleasanton and Walnut Creek get all the stores and restaurants.
mdi January 10, 2014 at 01:22 PM
Wow - another closing! I just moved to the area thinking that there were a lot of great store options nearby! Hopefully they will put in a grocery store & family friendly businesses (restaurants, stores) nearby...no more finance/business type of places...where is everyone supposed to go to - Walnut Creek or Dublin??!
Linda Spencer January 10, 2014 at 01:55 PM
Oh. no!!! My "go to" place for fashion and gifts!
Marina R January 11, 2014 at 06:44 PM
Even with the liquidation sale, their prices are still high.
Sue January 15, 2014 at 12:38 PM
They always have been expensive and not impressed with what they have to offer. Every once in a while you might find something worth buying, but that's a very unusual find.

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