Word: loehmann
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Dates: during 1980-1989
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...Loehmann's, one of the first bargain retailers and lately one of the fastest growing, does not have customers; it has addicts. Says one shopper, a woman who works for a New York advertising agency: "When I miss a week, I feel as though I've missed out on something. My stomach gets tight and I feel sick." Lauren Bacall, in her autobiography, By Myself, cites Loehmann's nine times...
Betty Ford was a devotee. Former Macy's Executive George Greenberg, 60, Loehmann's chairman and president, recalls a woman approaching him and saying: "Coming to Loehmann's is like therapy forme." Loehmann's has been affecting its clientele this way since 1920, when Freida Loehmann opened a clothing shop under her Brooklyn apartment, started paying cash to top makers for garment overruns and selling them at deep discounts, also for cash...