Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
This is a bummer: Beginning next month, designer discount retailer Loehmann's will begin shuttering its remaining 39 U.S. stores, including a location in South Jersey. The 92-year-old retailer is $100 million in debt. [Philadelphia Business Journal]