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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.

It's a sad day for frugal shoppers everywhere; the Loehmann's Liquidation sale has begun today. Loehmann's has locations in Aventura, Midtown and Kendall and each will be open until their inventory sells out. There's an additional 20 percent discount on the entire store and, if you go right now, there's an additional 40 percent discount on shoes. Bidding farewell to Loehmann's is sad to say the least, but at least you can walk out one last time in style. [Miami Herald]