Filene's Basement (1908–2011)
Boston's famous discount clothing store opened in 1908 in the basement of Filene's department store, building a cult following for automatic markdowns. It filed for bankruptcy in 2009 and again in 2011, then liquidated all locations after a failed merger with Syms.
All stores closed in 2011; a short-lived revival attempt followed in 2012 and failed.
Ended a century of Boston discount retail tradition that stores like Frugal Fannie's had carried on.
Demonstrates that Boston's discount clothing lineage, once anchored by Filene's Basement, now loses another pillar.
