Tuesday, December 20, 2011
Bargain-hunting shoppers pack Filene's Basement in Friendship Heights, as the store prepares to close for good in just a few short weeks.
As the days dwindle down toward the end of the year, the discounts are getting considerably steeper at Filene’s Basement in Friendship Heights. And, bargain-hunting shoppers are packing the Mazza Gallerie store, which likely will close down completely sometime in early January in the aftermath of Filene's Basement’s bankruptcy filing last month. The store at 5300 Wisconsin Avenue NW was packed last Sunday afternoon as shoppers sought to take advantage of prices slashed by as much as 60 percent. Around 3 p.m., more than 20 people were waiting in a long line to check out at the cash registers at the front of the store. Many items at the store carried 60-percent-off discounts. The prices of all home items, housewares and the like were …
Friday, December 2, 2011
The firm is being challenged in a federal bankruptcy court over its 'augmentation' practices.
Is there something a bit strange about the going-out-business sale being held these days at Filene’s Basement, the popular Mazza Gallerie store? We wondered that ourselves during a recent visit, when we noticed that all of the clothing racks and display shelves remained full after nearly two weeks of the company-wide sale triggered by its filing for protection under bankruptcy laws. Sure enough, something unusual does appear to be taking place. That’s why sales staffers were walking around with shopping baskets full of new designer merchandise and promptly replacing the stuff that’s been sold. There are different types of liquidations and going-out-business sales in retailing. What seems to be happening at Filene’s Basement is what’s known…
Tuesday, November 22, 2011
A huge going-out-of-business sale Is already underway at Filene's Basement, in advance of the store's closing in early January.
Bargain shoppers can get a head start on Black Friday shopping by visiting Filene’s Basement at the Mazza Gallerie in Friendship Heights all week—and for several more weeks to come. The popular Friendship Heights store—as well as nearly 40 other Filene’s Basement chain and Syms stores nationwide—has already started a massive going-of-business sale following the company's filing for protection under the nation’s bankruptcy laws last month. Designer apparel worth about $100 million—including sportswear, outwear and children’s clothing—will be sold at steep discounts of up to 30 percent, the company disclosed several days ago. Eventually everything will go, including furniture and fixtures in the store, which is scheduled to close in early …
