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LOEHMANN'S 1ST-QUARTER LOSSES GROW.(Brief Article)
NEW YORK -- Stung by a $7.2 million charge to close 11 stores, Loehmann's widened its loss in the first quarter ended May 29, to $9.9 million from $3.9 million.
Sales for the upscale off-pricer, which is planning to exit bankruptcy proceedings this summer, fell 14.2 percent to $92.2 million from $108.2 million, due to the closing of 14 stores in July 1999 and 11 more in March 2000. Same-store sales nudged up 1 percent.
Gross margins from ongoing operations improved to 33.5 percent from 31.9 percent as a result of higher initial markups. The turnaround plan for Loehmann's, which ...
- DON'T DISCOUNT TURNAROUND, SAYS BANKRUPT LOEHMANN'S: RED INK MOUNTS, BUT GOODS...
- Magazine article from: Crain's New York Business curan, catherine September 20, 1999 700+ words
...loss, bankrupt retailer Loehmann's Inc. says it expects...are putting pressure on Loehmann's, and the chain will...amp; Young. Second-quarter losses, he says, were actually smaller than Loehmann's had anticipated. He...
- LOEHMANN'S REBOUNDS IN QUARTER.(Loehmann's 1st-quarter earnings)(Brief Article)
- Magazine article from: WWD June 25, 2001 700+ words
NEW YORK -- Loehmann's Holdings Inc. bounced...predecessor company, Loehmann's Inc., posted a loss...million in the year-ago quarter. Losses were compounded by an...reorganization. Based here, Loehmann's Holdings owns 100...
- Loehmann's Holdings, Inc. and SmartBargains, Inc. Form Strategic Alliance;...
- Press release article from: PR Newswire June 23, 2004 700+ words
...and BOSTON, June 23 /PRNewswire/ -- Loehmann's Holdings, Inc. and SmartBargains...launched a strategic alliance whereby Loehmann's women's apparel is offered exclusively...the alliance marks the first time that Loehmann's apparel will be available to customers...
- Loehmann's 7th Ave. eyes $30M in sales. (New York, NY, clothing store)
- Magazine article from: WWD Tosh, Mark September 11, 1996 700+ words
NEW YORK - Loehmann's Manhattan flagship, its first in...Tuesday. The 60,000-square-foot Loehmann's flagship will be on Seventh Avenue...Kaplan and Robert N. Friedman, Loehmann's chairman and chief executive officer...
- LOEHMANN'S SCRAMBLES TO BEAT CHAPTER 11: IN RESTRUCTURING TALKS WITH CREDITORS;...
- Magazine article from: Crain's New York Business Curan, Catherine May 17, 1999 700+ words
Loehmann's Inc. is desperately negotiating with...Anxiety increased when it was learned that Loehmann's chief financial officer had abruptly...We are waiting for a discussion with Loehmann's management." Loehmann's Chief...
- Loehmann's finally crosses Brooklyn Bridge; chain's first store in Manhattan is...
- Magazine article from: Crain's New York Business Gault, Ylonda September 16, 1996 700+ words
Years ago, Frieda "Mamma" Loehmann, who paid for leftover designer...its fashion edge. So next month, Loehmann's will cross the bridge into Manhattan...restoring its profit margins. But Loehmann's must reach out to a new generation...
- Loehmann’s Inc.
- Reference information from: International Directory of Company Histories January 1, 1999 700+ words
Loehmann ’ s Inc. 2500 Halsey Street...Company Incorporated: 1930 as Charles C. Loehmann Corp. Employees: 3,049 Sales: $417...s Accessory & Specialty Stores Loehmann ’ s Inc. is a retailer of women...
- Loehmann's outlines West Coast strategy, push for major labels.(off-price...
- Magazine article from: WWD Hammond, Teena March 27, 1997 700+ words
...continues to expand in key markets, Loehmann's, the leading off-pricer of upscale...California market -- Robert Friedman, Loehmann's chairman and chief executive officer...popular that nothing has been left for Loehmann's to buy at the end of the vendor...