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Filene's

Filene's (originally William Filene & Sons Co.) was an American department store chain; it was founded by William Filene in 1881. The success of the original full-line store in Boston, Massachusetts, was supplemented by the foundation of its off-price sister store Filene's Basement in 1908. Filene's, in partnership with Abraham & Straus, Lazarus, and Shillito's, was an original member of the holding company Federated Department Stores upon its establishment in 1929.

Filene's
Filene's Department Store, the former flagship store at Downtown Crossing, Boston (2008)
FormerlyWilliam Filene & Sons Co.
Company typeSubsidiary
IndustryRetail
Founded1881; 143 years ago (1881) in Boston, Massachusetts, U.S.
FounderWilliam Filene
DefunctSeptember 9, 2006; 17 years ago (2006-09-09)
FateAcquired by Federated Department Stores, converted to Macy's
SuccessorMacy's
Headquarters426 Washington Street,
Boston, Massachusetts
,
U.S.
Number of locations
47 (2005)
Areas served
Products
  • Clothing
  • footwear
  • bedding
  • furniture
  • jewelry
  • beauty products
  • housewares
Parent

Filene's expanded into shopping malls throughout New England and New York in the later half of the twentieth century, and was rivaled by fellow Boston-based department store Jordan Marsh. Federated sold Filene's to The May Department Stores Company, and spun off Filene's Basement into a separate company, in 1988. With this reorganization, the Filene's nameplate replaced the Hartford-based G. Fox & Co. in 1992 and Steiger's in 1994; the store assumed control of the Pittsburgh-based department store chain Kaufmann's in 2002.

May itself was ultimately acquired by Federated in 2005; the Filene's brand was retired and most stores were converted into the Federated-owned, Cincinnati-based Macy's nameplate by September 2006. Federated itself was renamed Macy's, Inc., in 2007. The former Filene's flagship store at Downtown Crossing in Boston is listed in the National Register of Historic Places; its current tenants include advertising agencies Arnold Worldwide and Havas Media, and fast fashion retailer Primark.

This building was designated as a Boston Landmark by the Boston Landmarks Commission in 2006.

History edit

Early history edit

 
Shoppers hurry around Filene's (center right) on Washington Street in Boston.

The precursor of the main company was a store opened in 1881 by William Filene. Filene was a German Jewish immigrant from Posen, Prussia (now Poznań in Poland). He immigrated to Boston in 1848. Although William Filene is credited with creating Filene's, it was his sons, Edward Filene and Abraham Lincoln Filene, who expanded the business greatly.[1] Edward and Lincoln were two of the best known businessmen in America and were responsible for converting their father's clothing store into one of the largest department stores in the country. The two sons assumed management of the store in 1891 and inherited the store upon their father's death in 1901; by that the company was known as William Filene's Sons & Company.[1]

In 1908 Edward Filene opened the automatic bargain annex or Filene's Basement as a way to sell excess merchandise from the upstairs department store.[2] He also developed an automatic mark-down schedule to reduce the price of merchandise, used thereafter for decades. Edward's influence gave Filene's an early reputation as a customer oriented store with slogans like “money back if not satisfied.”

A new main store, Filene's Department Store, was completed in 1912 in Boston on the corner of Washington and Summer streets, by Chicago architect Daniel Burnham as his last major project. By 1929 Filene's expanded the main building, converting the block around Washington, Summer, Hawley and Franklin streets into one department store.[1]

Filene's is also a founding member of the International Association of department stores in 1928, which is still active as of today.

1929–1987: Ownership by Federated edit

 
Filene's advertisement on back of Red Sox baseball ticket.
 
Filene's logo used from 1929.

Also during 1929, Filene's joined Abraham & Straus and Lazarus as the founding members of Federated Department Stores. From the 1930s through 1990s Filene's continued expanding beyond New England with the country growing and adapting to new shopping malls. Filene's main rival company during this period was Jordan Marsh, whose main store, like Filene's, was located in Downtown Crossing in Boston, and was also making the transition, expanding into shopping malls. In 1947, the Filene's Basement trade-name was first applied to an annual bridal gown sale. Lines extending around the store made it famous.

1988–2004: Ownership by May edit

In 1988, after the leveraged buyout of Federated Department Stores by Campeau Corp. of Toronto, Ontario, Canada, the division was sold to May Department Stores Co. along with Foley's of Houston. It was then that the Filene's and Filene's Basement trade-names were disassociated. In 1992, Filene's absorbed G. Fox & Co. of Hartford, Connecticut,[3] and Steiger's in 1994, two other divisions of May Company. During the 1990s there was a doubling of the Filene's organization as May invested in new stores and variegated Filene's price and product assortments. In 2002 Filene's assumed operational control of the Kaufmann's stores in Ohio, Pennsylvania, West Virginia, and western New York state.

2005–2006: Federated–May merger and closing edit

 
Boston's own variation of the saying "meet me under the clock" with the Filene's clock on Washington Street (2008)

Speculated since the early 2000s,[4] Federated announced its planned acquisition of May in February 2005.[5] The likelihood that the May nameplates would be replaced by the Federated-owned Macy's was acknowledged, citing the "considerable success in re-branding [Federated's] regional stores as Macy's" and that "operating regional stores primarily under one brand means [they] can advertise nationally, unlike regional retailers, which is more cost-effective;" the changes were unlikely to occur before 2006.[6] Indeed, the company-wide conversion to Macy's was confirmed in July,[7] and the merger was completed in August.[8]

Federated continued to divest "duplicate" properties in shopping malls where Filene's and Macy's were both present; prior to consolidation, Filene's operated 47 locations across Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island and Vermont.[7][9] In regards to Downtown Crossing, however, the company remained uncertain whether the Filene's Department Store or the neighboring former Jordan Marsh flagship store (that became Macy's in the mid-1990s) would be retained.[8] Then-Boston Mayor Thomas Menino expressed his preference for "marrying Macy's to the Filene's building."[10] Ultimately, the existing Macy's location was left intact and the Filene's store was closed in 2006.[11]

The last remaining Filene's stores closed on September 9, 2006, with the conversion of the May-owned nameplates, Macy's had become a national retailer with over 800 stores.[12] Upon receiving approval from shareholders that Federated itself be renamed Macy's, Inc. in 2007, then-CEO Terry Lundgren admitted that business was struggling from "[having thrown] a lot of change on the May company stores very quickly."[13]

Legacy edit

 
Primark flagship store in the former Filene's Department Store (2015)

When Filene's closed, the Boston Landmarks Commission voted unanimously to protect the two oldest buildings that housed Filene's, the main 1912 store and a 1905 former glassware and china seller's building on the opposite corner.[14] Two newer buildings, built in 1951 and 1973, were demolished in 2008.

Surprisingly, though many Bostonians felt a sense of loss, the public did not protest the closing, unlike that of Marshall Field's in Chicago, and Kaufmann's in Pittsburgh. Boston had already lost many local companies to larger companies in the region, especially New York City, including The New York Times's acquisition of the Boston Globe and the subsumption of the Bank of Boston and Fleet Bank into Bank of America.[10] The Boston Landmarks Commission only protected the façade of each buildings, allowing developers to rip out the building's interior, including the original paneling installed in 1912. When the project ran out of money, the buildings were left completely gutted.

In mid 2014, advertising and public relations company Havas opened offices for several of its divisions (including advertising agency Arnold Worldwide and media planning division Havas Media) in the former Filene's Department Store.[15] Earlier that year, Irish fast fashion retailer Primark announced that they would open their first location in the United States in the since-renamed Burnham Building.[11] The four-level, 77,000 sq ft (7,200 m2) flagship store opened in September 2015,[16] a mural inspired by the Filene's origin of the building was installed on the second floor.[17]

Filene's Basement edit

By the direction of company president Edward Filene, Filene's opened its famous "Automatic Bargain Basement" in 1909, which became a much-visited tourist attraction. The concept of the bargain basement was not new (Marshall Field's created the first in 1879), but Filene's basement was well lit and decorated ostentatiously. The basement had its own staff which bought surplus, factory clearances, overstock, or closeout merchandise - Filene boasted that he had once sold more than 7,000 pairs of woolen underwear during two July days. Goods were marked down according to an automatic schedule; an item that had been on sale for 12 days was marked down by 25 percent, after 18 days by 50 percent, after 24 days by 75 percent, and after 30 days it was given away. Ninety percent of goods sold in the basement were purchased within the first 12 days of sale.[18] Filene's Basement was separately owned and operated by Retail Ventures, Inc. until 2009 when it was sold to Buxbaum Group, a liquidation company. The Filene's Basement stores were not affected by the Filene's/Macy's merger. However, in 2007, the original Filene's Basement location was closed while the old Filene's building was being gutted and rebuilt. At the time of the closing, the store was expected to relocate back into its basement space in 2010; however, the Filene's Basement company began its third Chapter 11 bankruptcy in November 2011, liquidating and permanently closing all of its stores in December 2011.

See also edit

References edit

  1. ^ a b c Dshistory.com Remembering Great American Department Stores
  2. ^ Boston.com A history of Filene's basement
  3. ^ Weisman, Robert (13 September 1992). "Loss of Landmark G. Fox store another blow to Hartford's Identity". Hartford Courant. Retrieved 15 April 2020.
  4. ^ Bodamer, David (February 28, 2005). "Retail Landscape Shifts Again With Federated/May Merger". National Real Estate Investor. Retrieved May 14, 2018.
  5. ^ "Federated-May merger bets on dept. stores". NBC News. February 28, 2005. Retrieved May 14, 2018.
  6. ^ "Federated and May Announce Merger; $17 billion transaction to create value for customers, shareholders". BusinessWire. February 28, 2005. Retrieved May 14, 2018.
  7. ^ a b "Federated Announces Plan to Expand Macy's Brand in 2006; About 330 May Company Stores to Convert to Macy's Nameplate Following Merger". BusinessWire. July 28, 2005. Retrieved May 14, 2018.
  8. ^ a b "Federated Completes Merger with May Company". BusinessWire. August 30, 2005. Retrieved May 14, 2018.
  9. ^ Gold, Robert (July 31, 2005). "How will mall replace Filene's?". The News-Times. Retrieved May 14, 2018.
  10. ^ a b Abelson, Jenn; Palmer Jr., Thomas C. (July 29, 2005). "It's official: Filene's brand will be gone". The Boston Globe. Retrieved May 14, 2018.
  11. ^ a b Woolhouse, Megan; Reidy, Chris (April 23, 2014). "Dublin retailer to open store at former Filene's site". The Boston Globe. Retrieved May 14, 2018.
  12. ^ Abelson, Jenn (September 8, 2006). "How Macy's plans to woo Filene's fans". The Boston Globe. Retrieved May 14, 2018.
  13. ^ "Federated name change to Macy's approved". NBC News. May 18, 2007. Retrieved February 19, 2019.
  14. ^ Boston.com, City makes Filene's site a landmark 2 of 4 buildings must be preserved
  15. ^ Vizgaitis, Victor (Summer 2015). "From Filene's Department Store to Creative Headquarters". NAIOP. Retrieved May 14, 2018.
  16. ^ Neate, Rupert (September 10, 2015). "Primark makes understated US debut as Boston flagship opens". The Guardian. Retrieved May 14, 2018.
  17. ^ Luna, Taryn (September 8, 2015). "'Fast-fashion' retailer Primark set to open first US store in Boston". The Boston Globe. Retrieved May 14, 2018.
  18. ^ Jacobs, Meg (2004). Pocketbook Politics: Economic Citizenship in Twentieth-Century America. Princeton: Princeton University Press.
  • Berkley, George E. (1998). The Filene's. International Pocket Library (Branden).
  • Filene's: Boston's Great Specialty Store. Arcadia Publishing. 2012. ISBN 978-0-7385-9158-2.

External links edit

  • Official Filene's website (Archive)
  • Magazine article (1912) about the architecture of Filene's
  • Boston Public Library.

filene, this, article, about, department, store, chain, flagship, store, department, store, originally, william, filene, sons, american, department, store, chain, founded, william, filene, 1881, success, original, full, line, store, boston, massachusetts, supp. This article is about the department store chain For the flagship store see Filene s Department Store Filene s originally William Filene amp Sons Co was an American department store chain it was founded by William Filene in 1881 The success of the original full line store in Boston Massachusetts was supplemented by the foundation of its off price sister store Filene s Basement in 1908 Filene s in partnership with Abraham amp Straus Lazarus and Shillito s was an original member of the holding company Federated Department Stores upon its establishment in 1929 Filene sFilene s Department Store the former flagship store at Downtown Crossing Boston 2008 FormerlyWilliam Filene amp Sons Co Company typeSubsidiaryIndustryRetailFounded1881 143 years ago 1881 in Boston Massachusetts U S FounderWilliam FileneDefunctSeptember 9 2006 17 years ago 2006 09 09 FateAcquired by Federated Department Stores converted to Macy sSuccessorMacy sHeadquarters426 Washington Street Boston Massachusetts U S Number of locations47 2005 Areas servedConnecticut Maine Massachusetts New Hampshire New York Rhode Island VermontProductsClothing footwear bedding furniture jewelry beauty products housewaresParentFederated Department Stores 1929 1988 2005 2006 The May Department Stores Company 1988 2005 Filene s expanded into shopping malls throughout New England and New York in the later half of the twentieth century and was rivaled by fellow Boston based department store Jordan Marsh Federated sold Filene s to The May Department Stores Company and spun off Filene s Basement into a separate company in 1988 With this reorganization the Filene s nameplate replaced the Hartford based G Fox amp Co in 1992 and Steiger s in 1994 the store assumed control of the Pittsburgh based department store chain Kaufmann s in 2002 May itself was ultimately acquired by Federated in 2005 the Filene s brand was retired and most stores were converted into the Federated owned Cincinnati based Macy s nameplate by September 2006 Federated itself was renamed Macy s Inc in 2007 The former Filene s flagship store at Downtown Crossing in Boston is listed in the National Register of Historic Places its current tenants include advertising agencies Arnold Worldwide and Havas Media and fast fashion retailer Primark This building was designated as a Boston Landmark by the Boston Landmarks Commission in 2006 Contents 1 History 1 1 Early history 1 2 1929 1987 Ownership by Federated 1 3 1988 2004 Ownership by May 1 4 2005 2006 Federated May merger and closing 2 Legacy 3 Filene s Basement 4 See also 5 References 6 External linksHistory editEarly history edit nbsp Shoppers hurry around Filene s center right on Washington Street in Boston The precursor of the main company was a store opened in 1881 by William Filene Filene was a German Jewish immigrant from Posen Prussia now Poznan in Poland He immigrated to Boston in 1848 Although William Filene is credited with creating Filene s it was his sons Edward Filene and Abraham Lincoln Filene who expanded the business greatly 1 Edward and Lincoln were two of the best known businessmen in America and were responsible for converting their father s clothing store into one of the largest department stores in the country The two sons assumed management of the store in 1891 and inherited the store upon their father s death in 1901 by that the company was known as William Filene s Sons amp Company 1 In 1908 Edward Filene opened the automatic bargain annex or Filene s Basement as a way to sell excess merchandise from the upstairs department store 2 He also developed an automatic mark down schedule to reduce the price of merchandise used thereafter for decades Edward s influence gave Filene s an early reputation as a customer oriented store with slogans like money back if not satisfied A new main store Filene s Department Store was completed in 1912 in Boston on the corner of Washington and Summer streets by Chicago architect Daniel Burnham as his last major project By 1929 Filene s expanded the main building converting the block around Washington Summer Hawley and Franklin streets into one department store 1 Filene s is also a founding member of the International Association of department stores in 1928 which is still active as of today 1929 1987 Ownership by Federated edit nbsp Filene s advertisement on back of Red Sox baseball ticket nbsp Filene s logo used from 1929 Also during 1929 Filene s joined Abraham amp Straus and Lazarus as the founding members of Federated Department Stores From the 1930s through 1990s Filene s continued expanding beyond New England with the country growing and adapting to new shopping malls Filene s main rival company during this period was Jordan Marsh whose main store like Filene s was located in Downtown Crossing in Boston and was also making the transition expanding into shopping malls In 1947 the Filene s Basement trade name was first applied to an annual bridal gown sale Lines extending around the store made it famous 1988 2004 Ownership by May edit In 1988 after the leveraged buyout of Federated Department Stores by Campeau Corp of Toronto Ontario Canada the division was sold to May Department Stores Co along with Foley s of Houston It was then that the Filene s and Filene s Basement trade names were disassociated In 1992 Filene s absorbed G Fox amp Co of Hartford Connecticut 3 and Steiger s in 1994 two other divisions of May Company During the 1990s there was a doubling of the Filene s organization as May invested in new stores and variegated Filene s price and product assortments In 2002 Filene s assumed operational control of the Kaufmann s stores in Ohio Pennsylvania West Virginia and western New York state 2005 2006 Federated May merger and closing edit nbsp Boston s own variation of the saying meet me under the clock with the Filene s clock on Washington Street 2008 Speculated since the early 2000s 4 Federated announced its planned acquisition of May in February 2005 5 The likelihood that the May nameplates would be replaced by the Federated owned Macy s was acknowledged citing the considerable success in re branding Federated s regional stores as Macy s and that operating regional stores primarily under one brand means they can advertise nationally unlike regional retailers which is more cost effective the changes were unlikely to occur before 2006 6 Indeed the company wide conversion to Macy s was confirmed in July 7 and the merger was completed in August 8 Federated continued to divest duplicate properties in shopping malls where Filene s and Macy s were both present prior to consolidation Filene s operated 47 locations across Connecticut Maine Massachusetts New Hampshire New York Rhode Island and Vermont 7 9 In regards to Downtown Crossing however the company remained uncertain whether the Filene s Department Store or the neighboring former Jordan Marsh flagship store that became Macy s in the mid 1990s would be retained 8 Then Boston Mayor Thomas Menino expressed his preference for marrying Macy s to the Filene s building 10 Ultimately the existing Macy s location was left intact and the Filene s store was closed in 2006 11 The last remaining Filene s stores closed on September 9 2006 with the conversion of the May owned nameplates Macy s had become a national retailer with over 800 stores 12 Upon receiving approval from shareholders that Federated itself be renamed Macy s Inc in 2007 then CEO Terry Lundgren admitted that business was struggling from having thrown a lot of change on the May company stores very quickly 13 Legacy edit nbsp Primark flagship store in the former Filene s Department Store 2015 When Filene s closed the Boston Landmarks Commission voted unanimously to protect the two oldest buildings that housed Filene s the main 1912 store and a 1905 former glassware and china seller s building on the opposite corner 14 Two newer buildings built in 1951 and 1973 were demolished in 2008 Surprisingly though many Bostonians felt a sense of loss the public did not protest the closing unlike that of Marshall Field s in Chicago and Kaufmann s in Pittsburgh Boston had already lost many local companies to larger companies in the region especially New York City including The New York Times s acquisition of the Boston Globe and the subsumption of the Bank of Boston and Fleet Bank into Bank of America 10 The Boston Landmarks Commission only protected the facade of each buildings allowing developers to rip out the building s interior including the original paneling installed in 1912 When the project ran out of money the buildings were left completely gutted In mid 2014 advertising and public relations company Havas opened offices for several of its divisions including advertising agency Arnold Worldwide and media planning division Havas Media in the former Filene s Department Store 15 Earlier that year Irish fast fashion retailer Primark announced that they would open their first location in the United States in the since renamed Burnham Building 11 The four level 77 000 sq ft 7 200 m2 flagship store opened in September 2015 16 a mural inspired by the Filene s origin of the building was installed on the second floor 17 Filene s Basement editMain article Filene s Basement By the direction of company president Edward Filene Filene s opened its famous Automatic Bargain Basement in 1909 which became a much visited tourist attraction The concept of the bargain basement was not new Marshall Field s created the first in 1879 but Filene s basement was well lit and decorated ostentatiously The basement had its own staff which bought surplus factory clearances overstock or closeout merchandise Filene boasted that he had once sold more than 7 000 pairs of woolen underwear during two July days Goods were marked down according to an automatic schedule an item that had been on sale for 12 days was marked down by 25 percent after 18 days by 50 percent after 24 days by 75 percent and after 30 days it was given away Ninety percent of goods sold in the basement were purchased within the first 12 days of sale 18 Filene s Basement was separately owned and operated by Retail Ventures Inc until 2009 when it was sold to Buxbaum Group a liquidation company The Filene s Basement stores were not affected by the Filene s Macy s merger However in 2007 the original Filene s Basement location was closed while the old Filene s building was being gutted and rebuilt At the time of the closing the store was expected to relocate back into its basement space in 2010 however the Filene s Basement company began its third Chapter 11 bankruptcy in November 2011 liquidating and permanently closing all of its stores in December 2011 See also editDowntown Crossing shopping district in which its flagship store was located Jordan Marsh another Boston based department store chain acquired by Federated and replaced by Macy s List of defunct department stores of the United States Edward FileneReferences edit a b c Dshistory com Remembering Great American Department Stores Boston com A history of Filene s basement Weisman Robert 13 September 1992 Loss of Landmark G Fox store another blow to Hartford s Identity Hartford Courant Retrieved 15 April 2020 Bodamer David February 28 2005 Retail Landscape Shifts Again With Federated May Merger National Real Estate Investor Retrieved May 14 2018 Federated May merger bets on dept stores NBC News February 28 2005 Retrieved May 14 2018 Federated and May Announce Merger 17 billion transaction to create value for customers shareholders BusinessWire February 28 2005 Retrieved May 14 2018 a b Federated Announces Plan to Expand Macy s Brand in 2006 About 330 May Company Stores to Convert to Macy s Nameplate Following Merger BusinessWire July 28 2005 Retrieved May 14 2018 a b Federated Completes Merger with May Company BusinessWire August 30 2005 Retrieved May 14 2018 Gold Robert July 31 2005 How will mall replace Filene s The News Times Retrieved May 14 2018 a b Abelson Jenn Palmer Jr Thomas C July 29 2005 It s official Filene s brand will be gone The Boston Globe Retrieved May 14 2018 a b Woolhouse Megan Reidy Chris April 23 2014 Dublin retailer to open store at former Filene s site The Boston Globe Retrieved May 14 2018 Abelson Jenn September 8 2006 How Macy s plans to woo Filene s fans The Boston Globe Retrieved May 14 2018 Federated name change to Macy s approved NBC News May 18 2007 Retrieved February 19 2019 Boston com City makes Filene s site a landmark 2 of 4 buildings must be preserved Vizgaitis Victor Summer 2015 From Filene s Department Store to Creative Headquarters NAIOP Retrieved May 14 2018 Neate Rupert September 10 2015 Primark makes understated US debut as Boston flagship opens The Guardian Retrieved May 14 2018 Luna Taryn September 8 2015 Fast fashion retailer Primark set to open first US store in Boston The Boston Globe Retrieved May 14 2018 Jacobs Meg 2004 Pocketbook Politics Economic Citizenship in Twentieth Century America Princeton Princeton University Press Berkley George E 1998 The Filene s International Pocket Library Branden Filene s Boston s Great Specialty Store Arcadia Publishing 2012 ISBN 978 0 7385 9158 2 External links edit nbsp Wikimedia Commons has media related to Filene s Department Store Official Filene s website Archive Magazine article 1912 about the architecture of Filene s Boston Public Library Filene s Marketing Archives Retrieved from https en wikipedia org w index php title Filene 27s amp oldid 1166718558, wikipedia, wiki, book, books, library,

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