Update: Filene's Basement

| | Comments (0) | Retweet

The Filene's Basement discount chain has been purchased by Men's Wearhouse, the men's clothier. Men's Wearhouse outbid two other companies, including fellow discount retailer Syms. The buyer is expected to retain roughly 20 of Filene's Basement's 25 existing stores, shutting a few suburban locations.

Filene's Basement has had an interesting run in the past year, from closing a third of its stores to selling itself to a liquidation firm shortly before filing for bankruptcy in May.

0 TrackBacks

Listed below are links to blogs that reference this entry: Update: Filene's Basement.

TrackBack URL for this entry: http://www.netwert.com/mt/mt-tb.cgi/805

Leave a comment

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Entry

This page contains a single entry by David Wertheimer published on June 6, 2009 9:45 PM.

P&G to stop selling Max Factor in U.S. was the previous entry in this blog.

Talbots selling J. Jill is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.