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The economic crisis took its toll on the chain, and owner Retail Ventures, Inc announced on January 20, 2009 its plans to close 11 of the chain's 36 stores. [10] The store closures did not help, and on April 22, 2009, Retail Ventures, Inc. announced that it had sold the remaining 25 Filene's Basement stores to the Buxbaum Group, a company that specializes in liquidations.
Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
From Wednesday through Sunday (March 10-14) Filene's Basement is having its annual Spring Designer Event, which is when it sells designer clothes at 30-80% off retail. Expect to see brands like ...
There were 527 John's Bargain Stores in the Northeast and in Puerto Rico at its zenith in the mid-1960s. [ 2] Between 1961 and 1965 the chain earned $1,000,000 per year or more in profits each year. However, in 1966 they ran a $523,947 (~$3.76 million in 2023) loss. Shoplifting was a problem, among others. John's had an average 32% markup on ...
Even though digital coupons are quickly gaining traction, many stores just aren't prepared to accept a coupon that they can't tuck away in their cash register, making on-demand printable coupons a ...
The Running of the Brides was a one-day sale of wedding gowns, garnering local media attention because of the sight of hundreds of brides-to-be scrambling for bargains.A local tradition since 1947 at Filene's Basement in downtown Boston, the ROTB has also been held at Filene's Basement in Atlanta, Chicago, Cleveland, Columbus, Los Angeles, New York City, Washington D.C., and Westchester County ...
Basement “Be the ultimate host with entertainment space galore! One of a kind Finished Basement with theater area, stage, bar and 2 dens,” the listing highlights.
L. S. Ayres & Co. L. S. Ayres and Company was a department store based in Indianapolis, Indiana, and founded in 1872 by Lyman S. Ayres. Over the years its Indianapolis flagship store, which opened in 1905 and was later enlarged, became known for its women's fashions, the Tea Room, holiday events and displays, and the basement budget store.