By  on June 8, 2011

Loehmann’s has a merchant back running its business, after tumbling through a Chapter 11 restructuring and emerging from bankruptcy last March.

Steven M. Newman will join the 40-unit off-price chain next week as chief executive officer, succeeding interim ceo Joe Melvin, who will remain as chief operating officer. Melvin succeeded Gerald Politzer, who left last March.

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