Filene's Basement files for bankruptcy...again

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MassMan
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Posts: 17
Joined: 11 Aug 2008 01:04

Filene's Basement files for bankruptcy...again

Post by MassMan »

Boston-based Filene's Basement has filed for Chapter 11 bankruptcy protection for the second time since 2000 and it will never be the same chain again:

http://www.boston.com/business/articles ... _basement/
MassMan
Contributor
Posts: 17
Joined: 11 Aug 2008 01:04

Re: Filene's Basement files for bankruptcy...again

Post by MassMan »

Men's Wearhouse has purchased Filene's Basement in a bidding war. The Filene's Basement brand will live on:

http://www.boston.com/business/ticker/2 ... house.html
MassMan
Contributor
Posts: 17
Joined: 11 Aug 2008 01:04

Re: Filene's Basement files for bankruptcy...again

Post by MassMan »

I'm behind on updating so, for anyone interested, the bidding process for Filene's Basement was re-opened; Men's Wearhouse was dropped, and Sym's ("Where an educated consumer is our best customer") is the new winner/owner of Filene's Basement:

http://www.boston.com/business/articles ... _downtown/


http://www.boston.com/business/articles ... ston_site/
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