LFT, R.I.P.
The good news: they’re having a sale at LFT. The bad news: it’s a going-out-of-business sale.
7 Comments to “LFT, R.I.P.”
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to bad, it was as close as dallas has come to a Fred Segal store.
Several restaurants and few more stores will be closing in the next few weeks. Hillwood really blew this deal. They never built the residential units they promised. Retail doesn’t work without residential/customers (RE Development 101). The West Village model is the correct way to do it.
Now, my luxury condo is worth even less. It’s tough living here in VP.
SO SAD…
NO ONE deserves to go out of business… or lose their job. It doesn’t matter how you feel about this particular store. It is a shame. End of story.
Dear Anonymous: Welcome to America. Any “business” must make a “profit” to exist. Please Google these words.
The current bailout mentality hasn’t made it all the way to luxury clothing retailers in time to save LFT. If they could have just hung in there a few more months….
Congratulations on finishing Economy 101. I can see it has clearly done you a world of good. We all feel really deeply for you and your luxury condo.
I think there is probably more to the story than your fascinating economics lesson. A lot of really good people lost their jobs yesterday and for that, I think we can all feel sorry for what happened.
Welcome to the human race.
Kenichi was incredibly saddened to learn that LFT was closing. We received word yesterday as the closing signs were going up. We have many dear friends that lost their jobs due to the difficult economic times.
However, Kenichi is still going strong seven days a week. We are so thankful for each and every guest that patronizes our establishment. We are at no risk of closing.
LFT employees have asked for everyone who can afford to come to the closing sale. This will help ensure the full time staff will receive their severance packages.