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Legendary Boston Bargain Store Filene's Basement Debuts in South Florida

AVENTURA, Fla., Oct. 10 /PRNewswire/ -- Filene's Basement, theBoston landmark where brides-to-be trample for cheap gowns and bargain hunters search the racks for deals, will open inAventura on October 15. The store will occupy 40,000 square feet on two floors at 176th and Biscayne Boulevard, the former location of Carle's Furniture.

"We have been looking for the perfect location to open a Filene's Basement inSouth Florida, andAventura fits the bill," said Mark Shulman, president of the 100-year-old company. "Customers here are fashion-aware and label-savvy, and they appreciate good value. They are exactly the kind of shoppers that Filene's Basement caters to."

Most of Filene's Basement's merchandise comes from manufacturers. The buyers combthe United States for good deals by American designers and make frequent trips toEurope to scout out Italian, French and German labels at the right price. The store is also known for its "retail stock," fashion apparel that Filene's Basement's buyers pick up at deeply discounted prices when high-end stores are clearing end-of-season merchandise.

The Basement sells fashion apparel for men and women, high quality basics, intimate apparel, shoes and accessories.

Filene's Basement is also known for its "Running of the Brides" sale, where brides-to-be and their helpers rush to the racks to snag the gown of their dreams at a bargain price. The event is being planned for January 16, 2009 at theAventura store.

Store hours for Filene's Basement inAventura are Monday through Saturday, 9:30am to 9:00pm; Sunday, 11:00am to 7:00pm. For more information, visit www.filenesbasement.com.

Filene's Basement, Inc. is a 466 million-dollar off-price retailer carrying a broad assortment of designer and brand-name fashion apparel and accessories for men and women, plus luggage, fragrances and salon products and home textiles. The company is headquartered outsideBoston and operates a 470,000 square foot warehouse in centralMassachusetts. Filene's Basement currently operates 35 stores in metropolitan areas throughout the northeast and midwesternUnited States. Filene's Basement is a division of Retail Ventures, Inc. (NYSE: RVI) headquartered inColumbus, Ohio. For more information on Filene's Basement visit www.Filenesbasement.com or www.retailventuresinc.com.

Contact: Patricia Boudrot

              617-348-7273 or 617-680-3485

SOURCE Filene's Basement, Inc.

Tags: ,REA,FAS,HOU,WOM,PDT,FL-Filenes-Basement
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