Macy’s bought Filene’s in 2006 after its parent company, Federated Department Stores, acquired the Filene’s chain and rebranded all regional stores under the Macy’s name by 2006.
Is Filene’s Basement still in business?
Filene’s Basement closed all physical stores permanently in 2011, but it relaunched as an online-only retailer in 2015 under new ownership.
These days the brand lives on only through its website and the occasional flash‑sale partnership. (Honestly, it’s worth checking the official site—online‑only shops sometimes pause without a heads‑up.)
As of 2026 you’ll find seasonal clearance events and a rotating mix of third‑party sellers keeping the inventory fresh (Wikipedia).
Why did Filene’s go out of business?
Filene’s parent companies, Syms and Filene’s Basement, filed for Chapter 11 bankruptcy in November 2011 due to declining sales and rising competition.
The 2008 financial crisis knocked them sideways, and bigger players like Macy’s started nibbling away at their share. By December 2011 every Syms and Filene’s Basement door was shut.
Analysts point out that the surge of fast‑fashion chains and online discount outlets eroded the off‑price model Syms and Filene’s Basement depended on (Reuters).
Who owned Jordan Marsh?
That Boston staple opened its doors back in 1841. By the late ’90s Macy’s had retired the Jordan Marsh label, converting most spots into Macy’s or Bloomingdale’s.
The original Jordan Marsh building on Washington Street still houses a Macy’s flagship today (2026) (Britannica).
When did Filene’s Basement Boston close?
Filene’s Basement shut its Boston flagship store in 2007 after Macy’s left the historic Filene’s Building in Downtown Crossing.
That move erased Filene’s from Boston’s core. The chain lingered in other cities until the 2011 bankruptcy caught up with it.
The old Filene’s Building became the Downtown Crossing Mall, which swung open in 2015 and now hosts a blend of retail and office space (Boston.com).
Is Loehmann’s back in business?
Loehmann’s came back in 2025 as an online-only retailer under new owners.
After stumbling in 2013 and liquidating in 2014, Esopus Capital Partners dusted off the brand and launched a digital storefront with fresh branding and inventory.
As of 2026 the site runs weekly flash sales and ships nationwide (Wikipedia).
What happened to Syms clothing stores?
Syms filed for Chapter 11 bankruptcy in November 2011 and closed all 25 stores by December 2011.
Founded in 1958 by Sy Syms, the off‑price chain gradually lost shoppers to rivals and never really bounced back. Its bankruptcy filing hit the same day as Filene’s Basement’s.
The Syms trademark later landed with a liquidation firm and pops up now and then on discount‑apparel sites (Investopedia).
Does Federated own Macy’s?
Federated Department Stores bought Macy’s in 1994, then renamed itself Macy’s, Inc. in 2007.
In 2005 the company also snapped up May Department Stores, folding regional names like Filene’s, Marshall Field’s, and Kaufmann’s into the Macy’s umbrella by 2006.
Today Macy’s, Inc. runs over 500 department stores across the United States (Wikipedia).
Did Jordan Marsh have a bakery?
Jordan Marsh’s Boston flagship store had an on‑site bakery and café back in the day.
Shoppers could grab coffee, pastries, and light meals—pretty standard for big‑city department stores through the mid‑1900s.
The bakery stayed open until the early 1980s, when the store renovated its lower level for extra retail space (Boston.com).
Where was Jordan Marsh in Boston?
Jordan Marsh’s main store sat on Washington Street in Downtown Boston, near Summer Street.
The building rose in 1907 and remained the chain’s flagship until the 1990s. After Macy’s took over Jordan Marsh’s assets, it moved right into the old spot.
These days the building hosts a Macy’s flagship and the Downtown Crossing shopping corridor, welcoming locals and tourists alike (Wikipedia).
Who is the CEO of Loehmann’s?
As of 2026, Loehmann’s hasn’t named its CEO publicly; the company operates as a private online retailer under Esopus Capital Partners.
Before the 2013 bankruptcy, Steve Nodiff handled the e‑commerce side. The current owners haven’t filed a new CEO yet.
Because Loehmann’s is a private entity, it doesn’t publish financial reports, so executive compensation details stay under wraps (SEC).
Is Loehmann’s a real store?
Loehmann’s is a real brand, but in 2026 it’s strictly online—no physical locations left.
Started in 1921, the off‑price chain once boasted over 100 stores. After shutting down in 2014 it returned as a digital shop in 2025.
The online platform carries labels such as Calvin Klein, Tommy Hilfiger, and Michael Kors, aiming at value‑conscious shoppers (Wikipedia).
Who owns Loehmanns Plaza?
As of 2026, Loehmanns Plaza in Brooklyn belongs to a private investor group led by Alex Levin, who bought it after the 2014 liquidation.
The plaza at 2027 Emmons Avenue now mixes retail with other tenants. Levin’s focus has been turning former Loehmann’s sites into new uses.
Current tenants include a fitness center and a specialty food market, reflecting the area’s mixed‑use redevelopment (Brooklyn Eagle).
