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Filene’s Next to Go?
ByDonCrain’s reports:
Time may be running out for brides to dash to Filene’s Basement. The off-price retailer, famous for its Running of the Brides discount wedding dress events, is on the block. In a filing with the Securities and Exchange Commission Friday, the chain’s Columbus, Ohio-based parent Retail Ventures Inc. said efforts to cut costs “is not likely to lead to sustainable operations for Filene’s basement.”
In January, Retail Ventures had announced the closing of 11 underperforming Filene’s stores, including one in Levittown, N.Y. Yet performance at the remaining 25 locations, which include four in New York City, “has continued to deteriorate significantly since that time,” according to the filing. Retail Ventures, which also owns footwear chain DSW Inc., said it will delay the filing of its annual results with the SEC.
Latest New School Construction Update
ByDonNext week (February 13 to February 17), Superstructure work will continue at 5th and 6th floor levels.
The following week (February 20 to February 24), we will continue superstructure concrete and slabs on the 5th and 6th floor levels.
This weekend the site will be open on Saturday, February 11th for superstructure related activities between the work hours of 7AM and 5PM as permitted by the City. To control noise levels within the site, work activities will be limited to the placement of formwork and concrete, plumbing and electrical work, rebar for concrete placement, using the crane and equipment to support all activities. Safety horns are used, and required by law, to coordinate lifting with the crane and to alert the workers of the danger overhead. We have directed the operators to limit the use of horns to one short sounding and to use the crane later in the day so as to avoid any excess noise. Additionally 14th St. Con Ed Vault utility connection street work will continue per DOT Permit granted for weekends only.
Filene’s Space to Become Burlington Coat Factory
ByDonBurlington Coat Factory, a leading national off-price retail chain, has announced today that it will open a new flagship store in the space formerly occupied by Filene’s. Burlington offers brand name merchandise for the entire family and home with up to 65% off department store prices every day. The new location will feature the latest trends in ladies’ dresses, suits, sportswear, juniors, accessories, menswear, family footwear and children’s clothing. It will also include a broad assortment of furniture and accessories for baby at Baby Depot, home decor and gifts, along with the largest selection of coats in the nation.
Spiderbands Squashed
ByDonWell, that was quick. Our downstairs neighbor Spiderbands went defunct quickly.



