Loehmann on the Totem Poll

Daffy's, Filene's Basement, Century 21 and other discount retailers might get the holiday gift they've been wishing for - more customers.  That is if direct competition, Loehmann's, closes up to 15 underperforming outlets as has been reported.  The story goes that it could not convince lenders to extend its debt.   Head's up bargain hunters - if this happens the retailer will be selling off its inventory over the next year which means even bigger savings!