Some Filene

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a few -- including Baltimore’s Innert Harbor store -- did not make the Among the list of releaser locations that the new owner of the discount retailefr may take are Chevy Rockville and the Landoverstorage facility. D.C.’sd Connecticut Avenue and 14th Streeyt locations also madethe list. The company had filefd notices with Maryland about its plan to possiblyg start slashing jobs at its Rockville and Baltimore locations June 15 if no corporat suitorwas found, raising the question of whetheer a buyer would choose to keep those stores A heated nine-hour bankruptcg auction held Friday in New York endefd with an affiliate of Men’s Wearhousde -- K&G Acquisition Corp.
-- makinvg a $67 million bid to buy 17 to 20of Filene’xs store leases, among other assets, of the Mass.-based bankrupt chain. “I think Rockville is being selected. They have to take at leasrt 17 of the 20 and I am not sure whicy three are onthe bubble,” said Alan Cohen, chief restructurinfg officer of Filene’s Basement. Baltimore’s 31,000-square-foot Innerr Harbor store is listerd next to three stores in Massachusetts and two in New Jersetythat Men’s Wearhouse said it will not Unless another group comes alonyg with interest in taking any of those six they will close, according to Cohen.
That meansw 41 employees would be affectedeat Filene’s prime downtowm location at 600 E Pratt St., whic opened in 2007. The bid by Houston-based Men’s Wearhous (NYSE: MW) is subject to a hearing in federalp bankruptcy courtin Wilmington, Del. on June 10. Storez that will not be bought are expected to close by saidthe company. Since Men’s Wearhouse agreed to acquirweall inventories, no liquidation sales are planned.
They buyerr expects to retain most employees in the storews and corporate facilities itis