The Basement Store

The Basement Store

The Basement Store is built on over 20 years of experience. Our emphasis is on high quality work completed in a timely fashion. And yes there is a store! The Basement Store is a full-service basement renovation company – we can solve all of your basement needs from water proofing and emergency services, to designing your basement retreat or even building beautiful, functional and to code income property. We are dedicated to our clients, which is why we do humidity and moisture checks on each and EVERY job. This way we address potential issues before the finishing begins avoiding any potential future problems. We believe in our basement renovations so strongly that we offer a 5 year warrantee to help put your mind at ease before embarking on this transformation journey. What Makes us Stand Out?? 1) We go to great lengths to protect your home during the construction phases using dust walls, air scrubbers and negative air machines. This virtually eliminates the dust that can circulate throughout your home. 2) Our staff members are very qualified for the specific areas of our business. We employ a wide range of talented employees allowing us to complete most of the work in-house. 3) Every on-site estimate has a moisture check done to make sure there are no underlying issues. Should we find something we are able to discuss ways to correct these issues. As an example a concrete floor that seems dry to the touch may read high in moisture levels. 4) All of our quotes and on-site estimates are guaranteed for 90 days Services Provided Basement Remodeling, Basement Waterproofing, Bathroom Remodeling, Flooring Installation, Home Remodeling, Kitchen Remodeling, Waterproofing Areas Served Burlington, Milton, Mississauga, Oakville, Stoney Creek, Grimsby, Halton Region
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The Basement Store

The Basement Store is built on over 20 years of experience. Our emphasis is on high quality work completed in a timely fashion. And yes there is a store! The Basement Store is a full-service basement renovation company – we can solve all of your basement needs from water proofing and emergency services, to designing your basement retreat or even building beautiful, functional and to code income property. We are dedicated to our clients, which is why we do humidity and moisture checks on each and EVERY job. This way we address potential issues before the finishing begins avoiding any potential future problems. We believe in our basement renovations so strongly that we offer a 5 year warrantee to help put your mind at ease before embarking on this transformation journey. What Makes us Stand Out?? 1) We go to great lengths to protect your home during the construction phases using dust walls, air scrubbers and negative air machines. This virtually eliminates the dust that can circulate throughout your home. 2) Our staff members are very qualified for the specific areas of our business. We employ a wide range of talented employees allowing us to complete most of the work in-house. 3) Every on-site estimate has a moisture check done to make sure there are no underlying issues. Should we find something we are able to discuss ways to correct these issues. As an example a concrete floor that seems dry to the touch may read high in moisture levels. 4) All of our quotes and on-site estimates are guaranteed for 90 days
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The Basement Store

At the time, plans were announced to reopen Filene’s Basement in the same location in 2009 (although the announcement also claimed there was no legal obligation to do so). Boston Mayor Tom Menino expressed concern that the chain was not able to find a temporary location for the store during the two-year renovation, saying they “could have found a location in the city if they really wanted to continue the business.” However, Filene’s Basement had already opened a second Boston store in 2006, one mile away from the flagship store, on Boylston Street near Copley Square. Due to a number of factors, renovations on the Downtown Crossing site came to a halt during late 2008, leaving the building partially gutted; as 2009 came to a close, Filene’s Basement had not moved back into their former space, as originally planned.
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The Basement Store

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. As of late 2006, the company operated stores in metropolitan areas in eight U.S. states and Washington, D.C. and used a 470,000-square-foot (44,000 m2) distribution center in Auburn, Massachusetts. The store’s name was derived from the subterranean location of its flagship store, in the basement of the former Filene’s department store at Downtown Crossing in Boston, Massachusetts. The flagship Downtown Crossing store closed in September 2007 while the building above it underwent construction and had been set to reopen following the conclusion of the construction.
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The economic crisis took its toll on the chain, and owner Retail Ventures, Inc announced on January 20, 2009 its plans to close 11 of the chain’s 36 stores. The store closures did not help, and on April 22, 2009, Retail Ventures, Inc. announced that it had sold the remaining 25 Filene’s Basement stores to the Buxbaum Group, a company that specializes in liquidations. The Buxbaum Group did not indicate what it would do with its acquisition, although Retail Ventures had previously indicated that the company’s future was uncertain. The store officially filed for Chapter 11 bankruptcy protection on May 4, while real estate investors Crown Acquisitions and the Chetrit Group offered $22 million to purchase the name and leases on 17 of Filene’s Basement’s most profitable stores. They announced that they would keep the stores open and focus on castoffs from luxury-goods makers. On June 15, 2009 Syms and Vornado were declared the winners of the bankruptcy auction of Filene’s Basement’s assets when the Syms-Vornado group agreed to pay 62.4 million dollars, subject to bankruptcy court approval.
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The 2009 economic crisis negatively impacted the chain, prompting the closing of many stores and the eventual sale of the chain from Retail Ventures, Inc. to Buxbaum Group, which filed for bankruptcy in May 2009. Filene’s Basement was then sold to Syms Corporation, which also owns the Syms chain of off-price stores. In November 2011, Syms filed for bankruptcy, resulting in a liquidation sale. The last Filene’s Basement stores closed permanently on December 29, 2011. In 2012, private equity firm Trinity Place Holdings acquired by brand copyright to Filene’s Basement. In fall of 2015, Filene’s Basement was reopened exclusively as an online retailer.
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The history of Filene’s Basement is intertwined with that of the venerable Filene’s chain. In 1908, Edward A. Filene, son of the founder of Filene’s, William Filene, came up with the idea of selling surplus, overstock, and closeout merchandise in the basement of his father’s store. Filene’s “Automatic Bargain Basement”, as it was originally called, opened in 1909 beneath the Downtown Crossing location.
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In 2006, Macy’s Department Stores purchased the original Filene’s chain. Because many store locations between the two chains did not overlap, most Filene’s locations were spared and reopened as Macy’s, but the flagship location (which sat across the street from an existing Macy’s store) was not. Macy’s shuttered the Filene’s in Boston’s Downtown Crossing, directly above the flagship Filene’s Basement location, and sold the building for redevelopment. That Filene’s Basement location was subsequently closed on September 3, 2007, to accommodate the redevelopment project.
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In March 1999, the company debuted a new weekend warehouse store concept, Aisle 3. The stores, averaging 60,000 square feet (5,600 m2), operated only Friday through Sunday and were located near major metropolitan areas. Plans were to open at least 10 stores by the end of 1999 and 40 to 50 stores in the following years, but ultimately only eight opened. All Aisle 3 location were closed following the purchase of Filene’s Basement by Value City Department Stores Inc. (later Retail Ventures, Inc.) in March 2000. Soon afterward, three Filene’s Basement locations reopened in the vicinity of Washington, D.C., and modest efforts at expansion resumed.
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In April 1988, Filene’s was purchased and acquired by May Department Stores, and the fortunes of the stores diverged. Filene’s Basement, now a separate company, embarked on a massive but ill-advised strategy of expansion that, ten years later, in August 1998, forced the chain to seek Chapter 11 bankruptcy protection; more than 30 outlets were shuttered. Filene’s Basement’s journey through the bankruptcy process was brief, and expansion soon resumed, albeit more cautiously.
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In 2008, after the flagship store had closed, the event moved to the Hynes Convention Center. Filene’s Basement stores in other cities have also held these events.
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Typical Job Costs: CAD $25 – 35The above pricing is a range per square foot for standard finishing. If you know the total square footage of your home, divide by 2 and you’ll have the rough square footage of the basement area. The square foot costs are inclusive of all labour, materials and disposal for the average project.
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By answering a few simple questions about what you’re into, we’ll create a custom style feed featuring your favorite clothes, brands, and sale items on the front page of Filene’s Basement every day. There are over a million discount items to choose from, but only one you. So, let’s find it.
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Create a Personalized Style Feed By answering a few simple questions about what you’re into, we’ll create a custom style feed featuring your favorite clothes, brands, and sale items on the front page of Filene’s Basement every day. There are over a million discount items to choose from, but only one you. So, let’s find it. Get Started

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