28 July 2005 (Thursday)
bye-bye (for real this time)
CINCINNATI --Federated Department Stores Inc. said Thursday that some 330 stores being acquired in its pending takeover of May Department Stores Co. will be converted to Macy's stores, including stores that now carry the Filene's name, a Boston institution.
*sob*
However, the fate of the landmark store in Boston's Downtown Crossing has not yet been decided, according to Jim Sluzewski, spokesman for Federated which owns Macy's and is in the process of merging with May Department Stores which owns Filene's."This is still under study," Sluzewski said, regarding the Downtown Crossing location where both Macy's and Filene's are anchor stores. "We have many options."
One of those options announced this morning on a local radio station had Macy's moving into the Filene's location. But Sluzewski insisted that decision has not been made. Other options include having a Bloomingdale's -- which is also owned by Federated -- move into one of the two anchor stores or abandoning one of the stores so that a Target department store could move in.
It seems like none of those options involves leaving even the one token downtown Filene's in place. So, "The Basement" will no longer actually be in the basement of Finlene's.
again: *sob*
There goes my favorite store.
elf - Filene's or The (Original) Basement? I can't imagine that they'll actually get rid of the latter...
