Going-Out-Of-Business Sale Begins Wednesday, November 16th at the Remaining 39 SYMS and Filene’s Basement Stores in 12 States and the District of Columbia

Press Release
Boston, MA – A going-out-of-business sales began today at 19 SYMS, 14 Filene’s Basement and 6 combined store locations in 12 states and the District of Columbia. As the holiday season approaches, discounts up to 30% off the lowest ticketed price will be offered on all merchandise at every location. Incredible values can be found on over $100 million worth of inventory, including men’s and women’s business attire, sportswear, outerwear and children’s apparel, many carrying famous name designer labels. The going-out-of-business sales were approved by the U.S. Bankruptcy Court in the District of Delaware in connection with bankruptcy petitions filed by SYMS and Filene's Basement.

SYMS Corp. was founded by Sy Syms in 1959. Filene's Basement traces its roots back to 1909 and founder William Filene. SYMS acquired assets of Filene's Basement, Inc., which had filed for bankruptcy, in a bankruptcy auction in 2009. SYMS Corp and Filene's Basement, LLC collectively own and operate 46 "off-price" apparel stores (7 of which are already in the process of closing) located predominantly on the east coast of the United States under the "SYMS" name (which, together with co-branded SYMS/Filene's Basement stores, are owned and operated by SYMS Corp) and the "Filene's Basement" name (which are owned and operated by Filene's Basement, LLC).