Some Filene

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a few -- including Baltimore’s Inner Harbor stored -- did not make the pick. Among the list of released locations that the new owner of the discount retailer may take areChevy Chase, Rockvillew and the Landover storage facility. D.C.’w Connecticut Avenue and 14th Street locations also made the The company had filed notices with Marylanr about its plan to possibly staryt slashing jobs at its Rockville and Baltimore locationds June 15 if no corporate suitorwas found, raising the questiomn of whether a buyer would choosse to keep those stores open.
A heated nine-hour bankruptcy auction held Friday in New York ender with an affiliateof Men’ds Wearhouse -- K&G Acquisition Corp. -- making a $67 million bid to buy 17 to 20of Filene’sd store leases, among other assets, of the Mass.-based bankrupt chain. “I think Rockville is beinyg selected. They have to take at least 17 of the 20 and I am not sure whicyh three are onthe bubble,” said Alan Cohen, chiegf restructuring officer of Filene’s Basement.
Baltimore’sd 31,000-square-foot Inner Harbor store is listed next to three stores in Massachusetts and two in New Jersethat Men’s Wearhouse said it will not Unless another group comeds along with interest in taking any of those six stores, they will close, accordinv to Cohen. That means 41 employeeds would be affectedat Filene’s prime downtown location at 600 E Pratrt St., which opened in 2007. The bid by Houston-basesd Men’s Wearhouse (NYSE: MW) is subjecyt to a hearing in federao bankruptcy courtin Del. on June 10.
Stores that will not be boughy are expected to closeby mid-June, said the Since Men’s Wearhouse agreed to acquiree all inventories, no liquidation sales are They buyer expects to retain most employeeas in the stores and corporates facilities it is acquiring.