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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.
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 ...
In April 1988, Filene's was purchased and acquired by May Department Stores, and the fortunes of the stores diverged. Filene's Basement, now a separate company, embarked on a massive but ill-advised strategy of expansion that, ten years later, in August 1998, forced the chain to seek Chapter 11 bankruptcy protection; more than 30 outlets were ...
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 ...
Here's a nostalgic look back at what earned these iconic department stores their place in history and what's happened to them since. Wanamaker's, Montgomery Ward, Barneys, and Marshall Field's. ...
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 ...
It was the beginning of the end for Lord & Taylor when the nation's oldest department store sold its historic New York City flagship store for $850 million in 2017. ... Filene's Basement.
Edward Albert Filene (September 3, 1860 – September 26, 1937) was an American businessman and philanthropist. He is best known for building the Filene's department store chain and for his decisive role in pioneering credit unions across the United States.