Syms, Filene’s Enter Ch. 11 With Plans To Liquidate
Upon approval from the bankruptcy court, Syms and Filene's Basement stores will conduct going-out-of-business sales through at least the end of the year, with all stores slated to close in 2012, according to the company. The companies will be jointly administered during the bankruptcy.
“Filing for bankruptcy and pursuing a liquidation of...
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