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.
Right now, the brand survives only through its website and occasional flash-sale partnerships. (Always check the official site—online-only stores sometimes pause operations without warning.)
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 hit hard, and bigger retailers like Macy’s ate into their market share. By December 2011, every Syms and Filene’s Basement location had shut down.
Who owned Jordan Marsh?
Federated Department Stores—which later became Macy’s, Inc.—picked up Jordan Marsh in 1996.
This Boston institution dated back to 1841. By the late 1990s, Macy’s phased out the Jordan Marsh name, turning most locations into Macy’s or Bloomingdale’s stores.
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 ended Filene’s presence in the heart of Boston. The chain limped along in other cities until its 2011 bankruptcy.
Is Loehmann’s back in business?
Loehmann’s came back in 2025 as an online-only retailer under new owners.
After tanking in 2013 and liquidating in 2014, Esopus Capital Partners revived the brand as a digital storefront with fresh branding and inventory.
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 lost shoppers to rivals and never recovered. Its bankruptcy filing landed on the same day as Filene’s Basement’s.
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 gobbled up May Department Stores, folding regional chains like Filene’s, Marshall Field’s, and Kaufmann’s into the Macy’s brand by 2006.
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.
Where was Jordan Marsh in Boston?
Jordan Marsh’s main store sat on Washington Street in Downtown Boston, near Summer Street.
The building went up in 1907 and stayed the chain’s flagship until the 1990s. After Macy’s took over Jordan Marsh’s assets, it moved in right where the old store once stood.
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 ran e-commerce efforts. The current owners haven’t put a new CEO on file.
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 came back digitally in 2025.
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 and other tenants. Levin has focused on turning former Loehmann’s sites into new uses.
