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Filens Basement ement. Filene's Basement, also called The Basement, was a Massachusetts-based chain of department stores which was owned by Retail Ventures, Inc. until April 2009 when it was sold to Syms.. The oldest off-price retailer in the United States, Filene's Basement focused on high-end goods and was known for its distinctive, low-technology automatic markdown system.
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Filene’s basement to close tysons corner store, 10 others .... Filene’s Basement will close its Tysons Corner store by the end of next month, part of an 11-store shuttering of the chain’s 36 locations.