Filene’s Back From the Dead, but Incorporeally September 17, 2015Posted by geoff in News.
I used to swing by the infamous Filene’s Bargain Basement in Boston back in the 80’s – it was always an adventure, and sometimes a harrowing experience. So I was very disappointed to hear that the chain was dissolved after entering bankruptcy.
But now they’re bringing it back:
It was less than four years ago that Filene’s Basement filed for bankruptcy and announced plans to quickly liquidate and close its stores, a victim of a hyper-competitive retail environment that was being dramatically reshaped by fast-growing off-price rivals and the rise of online shopping.
But now, the chain is back from the dead, re-launching next week as an online-only business that will have the familiar mix of home goods and apparel that customers remember from its previous incarnation.
Online? I think they’re missing the point. You can’t get bitten or lose an eye fighting for your bargains online.