US: Filene’s Basement files for Chapter 11, sells stores
Discount retail chain Filene’s Basement has agreed to sell most of its stores to real estate group Crown Acquisitions for US$22m after filing for Chapter 11 bankruptcy protection.
Discount retail chain Filene’s Basement has agreed to sell most of its stores to real estate group Crown Acquisitions for US$22m after filing for Chapter 11 bankruptcy protection.