Loehmann's, 333 SOUTH LACIENEGA BLVD, LOS ANGELES, California, 90048

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Loehmann's department stores specialize in off-price clothing and merchandise. Loehmann's biggest claim to fame consists of the "Back Room," where shoppers can find designer clothes at even cheaper prices. Apart from clothes, Loehmann's also offers footwear, bedding, furniture, jewelry, beauty products, and housewares. Privately owned, Loehmann's manages about a dozen stores throughout the country from corporate headquarters in The Bronx, New York, NY. Private equity firm Istithmar currently owns the Loehmann's department store chain.