Syms also said that it had begun the process of shuttering five more Filene's Basement stores. It became apparent, however, that absent a white knight, the company would not be able to stand alone.

Filene's Basement and its owner, Syms Corp., are going out of business after filing for Chapter 11 bankruptcy on Wednesday, Nov. 2, 2011. The stores expect closing sales to start before the ...

A group of shareholders is suing the board and management at Syms, looking to thwart the off-price clothing retailer’s move this week to delist its shares from the New York Stock Exchange and… ...

Syms, the off-price clothing retailer, is tossing Sarbanes-Oxley off the rack. The company known for its slogan, "An educated consumer is our best customer," cited the cost of complying with ...