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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 ...
Each SYMS and Filene's Basement store offered a broad range of merchandise from nationally recognized designer or brand-name labels for men, women, and children. [citation needed] On November 2, 2011, SYMS and Filene's Basement collectively filed for Chapter 11 bankruptcy protection. All SYMS and Filene's Basement stores were closed at the end ...
Fred's had already endured several rounds of closures and had fewer than 100 stores still open, down from more ... Filene's Basement. Filene's Basement was once the oldest off-price retailer in ...
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.
The emergence completes a 10 month bankruptcy process in which Syms and its subsidiaries, including Filene's Basement, LLC, closed their retail stores, liquidated their inventories and redeemed ...
But perhaps people are even more nostalgic for its sister store Filene’s Basement, where shoppers could go through bins of discount clothing. Filene’s was acquired by the owner of Macy’s in ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Filene's Basement, the Boston-based discount chain that claims to be the very place where bargains are born, is on its deathbed. Vendors, who have been stiffed for months, have threatened to push ...