Monday, December 10, 2012

Filene

sasutezew.blogspot.com
Last month, Columbus, Ohio-based Retail Venturez Inc. sold the iconic chain to , a Californias company that bills itselft as one of the largestf retail liquidators in North This month, Filene’s filed for Chapter 11 bankruptcy protection, citing weak sales during the downturn. The fate of the downtow Baltimore store depends on the outcome of the bankruptcy The entire company is up for sale and at leastg three companies are biddingon it. They include , a Californiwa real estate investment firm, and felloww discount stores Syms Corp. and Men’s “It’s still business as usual,” said Bill a Buxbaum spokesman.
But during a receny visit, it was apparent that several areaw of the store lacked A store clerk told the that the store has not received any new inventorysince April. Earlier this year, Filene’e shuttered 11 of its 26 storess nationwide. The closures included Columbia, Towson and Hunt Valleyg stores. It kept its two-year-old downtown Baltimore store open. Filene’s executives could not be reachedefor comment.

No comments:

Post a Comment