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FILENE'S BASEMENT SAYS CHICAGO FLOOD WILL NOT IMPACT COMPANY'S RESULTS

 FILENE'S BASEMENT SAYS CHICAGO FLOOD
 WILL NOT IMPACT COMPANY'S RESULTS
 WELLESLEY, Mass., April 13 /PRNewswire/ -- Filene's Basement Corp. (NASDAQ: BSMT) said today the flood in Chicago will not impact on the company's results.
 While Filene's Basement's downtown store, like much of the Loop, has been closed because of the flood, the company emphasized that the store was fully covered by its business interruption insurance which will cover any costs associated with a loss of business and damages caused to the store.
 The company's other stores in the Chicago market remain unaffected by the flooding downtown.
 -0- 4/13/92
 /CONTACT: Jim Anathan of Filene's Basement, 617-348-7042/
 (BSMT) CO: Filene's Basement Corp. ST: Massachusetts IN: REA SU:


EG -- NE022 -- 7953 04/13/92 17:04 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
Words:125
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