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By Jamie Smith Hopkins, The Baltimore Sun | November 7, 2011
Filene's Basement warned state regulators Monday that it expected to close its Baltimore and Rockville stores in January, laying off 68 people. The discount clothing retailer and its parent, Syms Corp., filed for bankruptcy protection last week and asked for court approval to liquidate their assets. Filene's Basement told the state Department of Labor, Licensing and Regulation that layoffs would affect 31 employees at its Inner Harbor store and 37 employees in Rockville. Both locations are expected to shut down Jan. 9. jhopkins@baltsun.com twitter.com/RealEstateWonk
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BUSINESS
By Lorraine Mirabella, The Baltimore Sun | October 30, 2012
Discount retailer Marshalls plans to open in the former Filene's Basement spot at the Inner Harbor early next year. The national chain, known for selling brand-name apparel at a discount, signed a lease for more than 31,000 square feet at Lockwood Place on East Pratt Street, David S. Brown Enterprises Ltd., the center's manager, said Tuesday. National retailer Filene's filed for bankruptcy protection last year and closed all of its stores. The Inner Harbor Filene's closed in January.
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BUSINESS
By Hanah Cho and Hanah Cho,hanah.cho@baltsun.com | January 21, 2009
Retailer Filene's Basement, known for its discounted brand names and annual bridal gown sale, is preparing to close three stores in Columbia, Hunt Valley and Towson, leaving the Inner Harbor location as its only spot in the Baltimore region. The three Baltimore-area stores are among 11 locations nationwide that are expected to be shut down by the end of next month unless the retailer is able to negotiate lower rents with their respective landlords, Filene's general counsel, Julie Davis, said in a brief interview yesterday.
BUSINESS
Eileen Ambrose | November 16, 2011
Filene's Basement says its going-out-of-business sale kicks off today in Baltimore and other locations. Similar liquidation sales will be held at Syms stores in other states. More than $100 million worth of merchandise at the 39 stores will be up for sale, the retailer says. Discounts will run up to 30 percent off. Gift cards will be accepted, although any purchased made today or later will be final. Filene's has a store at 600 E. Pratt St., near the Inner Harbor in Baltimore, as well as three stores in neighboring Washington.
ENTERTAINMENT
By SARAH MARSTON | August 31, 2006
Chris Botti Contemporary jazz artist Chris Botti, known for his romantic sound and trumpet improvisations, performs at Wolf Trap on Wednesday. Botti won a Grammy this year for the song "What Are You Doing the Rest of Your Life" from the album To Love Again. The show is at 8 p.m. Wednesday at Wolf Trap's Filene Center, 1551 Trap Road in Vienna, Va. Tickets are $22 or $40. Call 410-481-6500 or 800-955-5566, or visit wolf-trap.org.
NEWS
By MARY CAROLE MCCAULEY and MARY CAROLE MCCAULEY,SUN REPORTER | July 16, 2006
THINK OF THE INAUGURAL Capital Fringe Festival as the theatrical equivalent of the Bargain Basement at Filene's. On any given night, an exquisitely tailored, well-designed play might be scheduled alongside a cut-rate piece of questionable taste. Both performances will be cheap. And the hunt for a spectacular find is part of the thrill. CAPITAL FRINGE FESTIVAL / / Thursday-July 30 / / Festival box office, 1017-21 7th St. N.W., Washington / / 866-811-4111 or capfringe.org for more information
FEATURES
By New York Times News Service | June 24, 1993
Bargain-hunter alert: Filene's Basement is coming to Manhattan. The Boston-based chain of discount fashion stores started work last week on a 33,000-square-foot store with two selling floors, at 2222 Broadway, on the corner of 79th Street. Nov. 5 is the planned opening date.Finding a location on the Upper West Side near Zabar's, Conran's and Barnes & Noble was a key factor in the plan, said Samuel J. Gerson, the chairman and chief executive of Filene's Basement. "This is the heart and soul of fashion retailing," he said.
BUSINESS
Eileen Ambrose | November 2, 2011
Syms Corp., the owner of Filene's Basement, announced today that both companies have filed for bankruptcy protection under Chapter 11. Rather than reorganize its finances and continue operating, though, Syms said it concluded that liquidation was the best move for shareholders. The 102-year-old Filene's had been in bankruptcy in 2009 when Syms, founded in 1959, acquired the retailer's assets in a bankruptcy auction. But a turnaround wasn't possible. In a statement, Syms CEO Marcy Syms said: “This has been a challenging time for Syms and Filene's Basement.
BUSINESS
By Andrea K. Walker | January 6, 2009
Retailer Filene's Basement is trying to renegotiate leases and maintenance fees with the landlords of its Towson and Hunt Valley stores as it tries to cut costs amid a weak retail environment. The retailer has been discounting everything in stock at the two stores and not taking returns on new purchases, sometimes a sign that a shop is preparing to close. But President Mark Shulman said that Woburn, Mass.-based Filene's, which moved to the Baltimore area in 2004 and has four stores in the region, is not at the point of closing.
BUSINESS
Eileen Ambrose | November 16, 2011
Filene's Basement says its going-out-of-business sale kicks off today in Baltimore and other locations. Similar liquidation sales will be held at Syms stores in other states. More than $100 million worth of merchandise at the 39 stores will be up for sale, the retailer says. Discounts will run up to 30 percent off. Gift cards will be accepted, although any purchased made today or later will be final. Filene's has a store at 600 E. Pratt St., near the Inner Harbor in Baltimore, as well as three stores in neighboring Washington.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 7, 2011
Filene's Basement warned state regulators Monday that it expected to close its Baltimore and Rockville stores in January, laying off 68 people. The discount clothing retailer and its parent, Syms Corp., filed for bankruptcy protection last week and asked for court approval to liquidate their assets. Filene's Basement told the state Department of Labor, Licensing and Regulation that layoffs would affect 31 employees at its Inner Harbor store and 37 employees in Rockville. Both locations are expected to shut down Jan. 9. jhopkins@baltsun.com twitter.com/RealEstateWonk
BUSINESS
Eileen Ambrose | November 2, 2011
Syms Corp., the owner of Filene's Basement, announced today that both companies have filed for bankruptcy protection under Chapter 11. Rather than reorganize its finances and continue operating, though, Syms said it concluded that liquidation was the best move for shareholders. The 102-year-old Filene's had been in bankruptcy in 2009 when Syms, founded in 1959, acquired the retailer's assets in a bankruptcy auction. But a turnaround wasn't possible. In a statement, Syms CEO Marcy Syms said: “This has been a challenging time for Syms and Filene's Basement.
BUSINESS
By Andrea K. Walker and Andrea K. Walker,andrea.walker@baltsun.com | June 16, 2009
Filene's Basement in Baltimore's Inner Harbor will remain open after all, since a new buyer emerged Monday for the bankrupt off-price retail chain. Discount retailer Syms Corp. and Vornado Realty Trust won an auction for the New England-based chain in a $62.4 million deal to buy 23 of the retailer's 26 stores, said Gerry Corrigan, managing director of Abacus Advisors, which is helping Filene's with the restructuring. The deal, which is expected to be approved by the bankruptcy court as soon as Thursday, comes less than a week after a winning bid by Men's Wearhouse, which would have closed the Baltimore location in mid-June, was declared invalid by a judge.
BUSINESS
By Andrea K. Walker and Andrea K. Walker,andrea.walker@baltsun.com | June 9, 2009
Filene's Basement will soon shutter its downtown Baltimore location, nearly two years after the retailer's arrival was held up as a sign of a new shopping era in the city. The store on Pratt Street, which will close in mid-June, was not included among 17 to 20 Filene's stores that an affiliate of Men's Wearhouse will buy as the winning bidder in a bankruptcy auction of the retail chain. Filene's entered Chapter 11 court protection in May in Delaware bankruptcy court. The New England-based off-price retail chain closed stores in Columbia, Hunt Valley and Towson in January, leaving the downtown store, with 41 employees, as the only one in the Baltimore region.
BUSINESS
By Hanah Cho and Hanah Cho,hanah.cho@baltsun.com | January 21, 2009
Retailer Filene's Basement, known for its discounted brand names and annual bridal gown sale, is preparing to close three stores in Columbia, Hunt Valley and Towson, leaving the Inner Harbor location as its only spot in the Baltimore region. The three Baltimore-area stores are among 11 locations nationwide that are expected to be shut down by the end of next month unless the retailer is able to negotiate lower rents with their respective landlords, Filene's general counsel, Julie Davis, said in a brief interview yesterday.
BUSINESS
By Andrea K. Walker | January 6, 2009
Retailer Filene's Basement is trying to renegotiate leases and maintenance fees with the landlords of its Towson and Hunt Valley stores as it tries to cut costs amid a weak retail environment. The retailer has been discounting everything in stock at the two stores and not taking returns on new purchases, sometimes a sign that a shop is preparing to close. But President Mark Shulman said that Woburn, Mass.-based Filene's, which moved to the Baltimore area in 2004 and has four stores in the region, is not at the point of closing.
FEATURES
By Annie Linskey and Annie Linskey,SUN STAFF | March 25, 2004
Julie Shchetinkin sniffed out the unannounced sneak-preview opening of the new Filene's Basement in Towson last weekend and snapped up a real find: a leather Prada purse for $40. In her seven years of bargain shopping, it is one of the best deals she's ever gotten. In a department store "it would have been $400," she said. "I've never seen anything like that ... I looked inside to make sure it was real." The new store, in Towson Place, opens today for a charity shopping event to benefit Johns Hopkins Children's Center.
BUSINESS
By Andrea K. Walker and Andrea K. Walker,SUN STAFF | March 27, 2004
Linda Parsons hadn't been in the new Filene's Basement in Towson five minutes before she scooped up four designer purses - Nine West and Ellen Tracey, if you must know - in this season's bright colors and at less than half the normal prices. The 51-year-old retired state government worker has shopped "the Basement" for 25 years, ever since the days when she had to wear a bathing suit to try on clothes at the flagship Boston store, which was famously devoid of dressing rooms. "Once you start coming you can't stop," she said.
NEWS
By Jill Rosen and Jill Rosen,SUN REPORTER | October 24, 2006
Nearly 18 years after Baltimore bid farewell to its last department store, downtown is welcoming back large-scale retail - a Filene's Basement. Though the bargain-lover's outlet isn't the traditional type of department store lodged in the memories of many Baltimoreans, development officials say its arrival heralds a shopping renaissance for the city and the cementing of what's becoming a nascent Baltimore shopping district. "Without a doubt it's the sign of a comeback," said Downtown Partnership President Kirby Fowler.
ENTERTAINMENT
By SARAH MARSTON | August 31, 2006
Chris Botti Contemporary jazz artist Chris Botti, known for his romantic sound and trumpet improvisations, performs at Wolf Trap on Wednesday. Botti won a Grammy this year for the song "What Are You Doing the Rest of Your Life" from the album To Love Again. The show is at 8 p.m. Wednesday at Wolf Trap's Filene Center, 1551 Trap Road in Vienna, Va. Tickets are $22 or $40. Call 410-481-6500 or 800-955-5566, or visit wolf-trap.org.
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