Filene's, Syms File for Bankruptcy

Bargain retail stores cite increased competition in filing for Chapter 11.
0:54 | 11/02/11

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Transcript for Filene's, Syms File for Bankruptcy
Could do very would you have let up -- Those who deals could soon come and findings and its parent company since it filed for Chapter Eleven and planes have liquidated stores cult of victim of the economy. Follow the book Larry second I'll bet -- -- regular price. Because it's what's with the united. I think some of the store was possible to close because they don't have the same quality -- every Filene's Basement. Already -- children on the way in Braintree Peabody Saugus in Watertown but for now at least it's business as usual you. Well it's it's gonna be down to marshalls and TJ Maxx baskets -- us moments and -- great discount stores that it's certainly end of an air -- They want to. Try to maximize that this season four with a company. -- forward their customers and and and certainly you know they're going to be some issues for the customers as far as levels of inventory and levels of service.

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