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Bankruptcy filing edging closer for Filene's Basement

Bankruptcy could give Filene's Basement a clean slate or result in liquidation. Bankruptcy could give Filene's Basement a clean slate or result in liquidation. (David L. Ryan/ Globe Staff/ File 2006)
By Todd Wallack
Globe Staff / April 28, 2009

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Filene's Basement , the Massachusetts clothing retailer famous for its bargain prices on name-brand merchandise, will likely file for bankruptcy protection in the next few days, according to a person with ties to the company who has knowledge of the plans. (Full article: 500 words)

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