Monday, June 15, 2009 Syms has winning bid for Filene's Basement (File photo: Tom Landers/Globe staff) Discounter Syms has unseated Men's Wearhouse as the winner of the troubled Filene's Basement chain with a $62.4 million bid for the bankrupt bargain business. But the future of the Downtown Crossing flagship, famed... Sym's wins bid for Filene's Basement Discounter Syms Corp. emerged today as the winner of the troubled Filene's Basement chain with a joint $62.4 million bid with Vornado Realty Trust for the bankrupt bargain business. The successful offer, which must be approved by a bankruptcy court... Barneys will sell "sustainable" Keds Keds, the sneaker brand that is part of Stride Rite Corp.'s footwear portfolio, is working to provide "exclusive" kicks at Barneys New York stores and online at www.barneys.com this month for about $75 a pop. The selling point: These... GE to offer electronic medical record financing FAIRFIELD, Conn. - General Electric Co.'s health care division said it will offer financing to doctors and hospitals that buy GE's electronic medical records equipment in an effort to cover an expected lag in the flow of federal stimulus money... Data Domain recommends spurning EMC offer Data Domain said that its board of directors recommends that company stock holders reject EMC Corp.'s offer to buy the California company. The board said its is recommending that shareholders favor a revised merger agreement with NetApp Inc. instead, Data... Survey: Many employees game the clock Roughly one hourly worker in five - or 21 percent - has cheated on a time-sheet to gain extra pay, according to Kronos Inc., a Chelmsford company that focuses on workforce management software. The new survey, from a think tank... RI firm buys Cape Cod real estate agency Randall Realtors GMAC Real Estate said it has acquired Kinlin Grover GMAC Real Estate, a residential real estate firm with multiple offices on Cape Cod. The financial details of the transaction were not disclosed, said Randall Realtors, which is based... Mass. gas prices are up 8 cents a gallon (File photo: Lisa Poole/AP) The average price for a gallon of gas in Massachusetts rose 8 cents to $2.599 in the latest AAA weekly survey, AAA Southern New England said. It was the 10th consecutive week that the Massachusetts... Dunkin' Brands opens 15,000th store Dunkin' Brands, the Canton company that operates the Dunkin' Donuts and Baskin-Robbins chains, said it is marking the official opening of its 15,000th store today. The store that brings the company's global count to 15,000 is in Raleigh, N.C.,... Forecast: E-mail marketing is on the rise Crank up those spam filters - because by 2014, consumers will be "deluged" with more than 9,000 e-mail marketing messages annually, predicts Forrester Research Inc. of Cambridge. Think of it - 9,000 e-mails. Offers from retailers for free shipping. Invitations... Synta, GSK will end a collaboration Synta Pharmaceuticals Corp., a Lexington biotechnology company, said that its partner GlaxoSmithKline has decided to end a collaboration over the cancer drug candidate elesclomol. The move comes less than a month after that drug failed to meet its treatment... Today in Globe Business Finding room to stretch CAMBRIDGE - Emil Jacob was lying on the floor of an airplane when inspiration struck. During a flight from Bucharest to Paris, Jacob had the good fortune to have three seats to himself, but he couldn't... |
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