Loehmann’s division retailer will get new life after closing doorways 11 years in the past

The long-lasting Loehmann’s model will briefly reemerge after going belly-up greater than a decade in the past — giving consumers an opportunity to scoop up some designer duds at cut price basement costs, The Submit has discovered.

A pop-up model of the century-old division retailer, which went bankrupt in 2013, will open Aug. 21 on Lengthy Island, its new proprietor mentioned.

Rival discounter Century 21 quietly acquired the model in 2020, as The Submit reported, and is relaunching it in a sequence of pop-up shops, beginning on the Tanger Shops at Deer Park.

The preliminary two-week warehouse sale can even embody Loehmann’s well-known “Again Room,” which in its heyday featured deeply marked-down luxurious manufacturers from Michael Kors, Calvin Klein, Ralph Lauren, Fendi, Oscar de la Renta, Marc Jacobs amongst others.

“The hope is that 11 years later that there’s some nostalgia for the model and other people fondly look again,” Larry Mentzer, Century 21’s chief working officer, mentioned in an unique interview with The Submit.

Mentzer declined to disclose which manufacturers will probably be accessible within the Again Room, as most designers don’t need to be related to discounting.

There will probably be a mixture of “well-known European designer labels, family names and rising manufacturers,” he mentioned.

One other pop-up is deliberate for Florida this yr and one is coming to the Massive Apple subsequent yr, Mentzer mentioned.

“We expect there’s actual worth within the model going ahead,” Mentzer mentioned, including, “off-price is the most well liked sector in retail proper now.”

The Gindi household, which owns Century 21, scooped up the Loehmann’s model for about $300,000 after the chain was liquidated following its third chapter submitting, sources informed The Submit.

The New York-based firm, which itself filed for chapter in 2020 earlier than reemering in 2022, is among the final low cost shops that focuses on designer labels. 

It has oulasted Filine’s Basement, Daffy’s and Syms, which all shuttered greater than a decade in the past, squeezed out by bigger, higher funded opponents like TJ Maxx and Ross Shops.

At its peak, Loehmann’s operated about 100 shops throughout the nation within the Nineteen Nineties, whereas Century 21 had 13 shops principally within the New York metro space.

Now, it operates only one at its flagship location in decrease Manhattan.