Retail Detail Update. Filene's Auction Finally Finished? Men's Wearhouse Out, Syms Takes Over
The bidding battle that has ensued over gaining ownership of bankrupt chain Filene's Basement, is sure to go down in retail history. After weeks of settling agreements and attempting to outbid each other, all three prospective owners—Men's Wearhouse, Crown Acquisitions, and a team of retail giant Syms and Vornado Realty Trust—were beaten down, battered, and …
