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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 ...
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.
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 ...
The Leader (1888 - 1918 at least), D.K. Moses opened in 1888 and in 1904 when it reopened after a fire it was two stories in height with a basement store and covered 22,000 square feet. Whereupon, it was described as “one of the most complete department stores to be found in the north country.”
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 ...
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 ...
Retail Ventures was a holding company originally created in 2003 for DSW (NYSE: DSW), Filene's Basement, and Value City Department Stores. The retailer's initial public offering was in 1991 under the Value City name. Value City went on to purchase the DSW shoe business in 1998 and Filene's Basement in 2000.
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 ...