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Filene's (/ f aɪ ˈ l iː n z /, originally William Filene & Sons Co.) was an American department store chain; it was founded by William Filene in 1881. The success of the original full-line store in Boston, Massachusetts , was supplemented by the foundation of its off-price sister store Filene's Basement in 1908.
Filene's Basement, also called The Basement, was a Massachusetts-based chain of department stores which was owned by Retail Ventures, Inc. until April 2009 when it was sold to Syms. The oldest off-price retailer in the United States , Filene's Basement focused on high-end goods and was known for its distinctive, low-technology automatic ...
Marcy Syms joined the family business in 1978 as director of marketing and real estate. In 1983, when SYMS Corp went public, she was named president and a year later, added the role of chief operating officer. In 1998, she was named chief executive officer, and in 2009, she led the company through the purchase of Filene's Basement. She also ...
Filene's. Boston. While the Filene's flagship store was indeed a Boston landmark, Filene's is best known for how it cleared out unwanted merchandise: by putting it in its elaborately decorated ...
Filene’s was acquired by the owner of Macy’s in the mid-2000s. ... that went out of business months ago, is still empty. Technically, Circuit City is still alive as an online-only store. But ...
Filene's Basement In 2009, after the economic crisis, it was sold by Retail Ventures to Buxbaum Group, which then filed for bankruptcy. It then was sold to Syms Corp., which filed for bankruptcy ...
By September 2006, all of the May regional nameplates, except for the Lord & Taylor chain, ceased to exist as Federated consolidated its operations under the Macy's mastheads including the stores most famous names Marshall Field's, Filene's, and Kaufmann's, as well as the last nameplate to still have the May name (Robinsons-May).
This story was updated on 9/2/11 at 1:40 pm Be on the look out for going-out-of-business sales at a Filene's Basement near you. The Massachusetts-based discount retailer announced Wednesday ...