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Filene's Basement files for bankruptcy...again

Posted: 24 May 2009 20:39
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/

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

Posted: 06 Jun 2009 00:24
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

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

Posted: 26 Jun 2009 20:28
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/