SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 25, 1999
LOEHMANN'S, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-28410 22-2341356
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(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
2500 Halsey Street
Bronx, New York 10461
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (718) 409-2000
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Not applicable
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Page 1
This document consists of 5 pages.
The exhibit index is contained on page 4 of this document.
<PAGE>
Item 5. Other Events.
On May 25, 1999, Loehmann's, Inc. (the "Company") issued a press
release attached as Exhibit 99 hereto that announced that the Company's common
stock will be delisted from the Nasdaq Stock Market, effective at the close of
business on May 27, 1999.
Item 7. Exhibits.
(c) Exhibits.
99 Press Release, dated May 25,1999, announcing that the
common stock of the Company will be delisted from the
Nasdaq Stock Market, effective at the close of
business on May 27, 1999.
Page 2
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
LOEHMANN'S, INC.
By: /s/ Robert Glass
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Name: Robert Glass
Title: President
Dated: May 25, 1999
Page 3
<PAGE>
EXHIBIT INDEX
Sequentially
Exhibit Numbered
Number Exhibit Page
- ------- ------- ------------
99 Press Release, dated May 25, 1999, 5
announcing that the Company's common stock will be
delisted from the Nasdaq Stock Market, effective at the
close of business on May 27, 1999.
Page 4
Exhibit 99
Loehmann's, Inc. to be Delisted From the
Nasdaq National Market
BRONX, N.Y.--(BUSINESS WIRE)--May 25, 1999--Loehmann's, Inc. (Nasdaq:LOEH) today
announced that its common stock will be delisted from the Nasdaq National
Market, effective at the close of business on May 27, 1999. Loehmann's, which
filed a petition for bankruptcy protection under Chapter 11 of the Bankruptcy
Code on May 18, 1999, no longer meets the Nasdaq Stock Market maintenance
requirements. Trading in Loehmann's common stock was halted by the Nasdaq
National Market on May 18, 1999. In light of its condition, the Company does not
currently intend to list its common stock on any other trading market.
Loehmann's, Inc. is a leading specialty retailer of well known designer and
brand name women's and men's fashion apparel, accessories and shoes at prices
that are typically 30% to 65% below department store prices. Loehmann's operates
69 stores in major metropolitan markets located in 22 states.
This release contains forward-looking information within the meaning of The
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve certain risks, uncertainties, and other factors which may
cause actual results to differ materially from such forward-looking information.
Such factors include, among other things, levels of sales and store traffic,
general economic and business conditions, competition, development and operating
costs, advertising and promotional efforts, brand awareness, and the existence
or absence of adverse publicity. For more detail, see the Company's annual and
quarterly reports filed with the Securities and Exchange Commission (a copy of
which may also be obtained from the Company at (718) 409-2000). Investors and
prospective investors are urged to consider the factors discussed above, and to
read the Company's annual and quarterly reports filed with the Securities and
Exchange Commission.
--30--sm/ny*
CONTACT: Morgen-Walke Associates, New York
Investors: Stacey Bibi/Caroline Eustace
Media: Jeff Siegel
212/850-5600
KEYWORD: NEW YORK
INDUSTRY KEYWORD: RETAIL APPAREL/TEXTILES
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Copyright (c) 1999 Business Wire
Received by NewsEDGE/LAN: 5/25/1999 9:48 AM
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