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FILENE'S BASEMENT OPENS TWO NEW STORES IN MINNEAPOLIS AREA

 FILENE'S BASEMENT OPENS TWO NEW STORES IN MINNEAPOLIS AREA
 WELLESLEY, Mass., Aug. 27 /PRNewswire/ -- Filene's Basement Corp. (NASDAQ: BSMT) announced that it opened two new suburban stores in the Minneapolis marketplace today -- one in Minnetonka and the other in Edina, Minn.
 Earlier this month, Filene's Basement opened its first store in the Twin City area, a 30,000-square-foot store in the Mall of America.
 "Following the successful Minneapolis opening at the Mall of America earlier this month, we are extremely pleased with the reception consumers have given us in our two new Minneapolis stores," said Jim Anathan, president. "Customer traffic throughout the day has well exceeded our expectations."
 Anathan further noted the corporation was on track with its plan to end the year with a total of five stores in the Minneapolis/St. Paul market.
 Filene's Basement Corp. operates specialty stores which offer focused, quality-branded assortments of men's and women's apparel at discount prices. The company has 43 stores in the Northeast corridor and in the Midwest.
 -0- 8/27/92
 /CONTACT: Jim Anathan, president, Filene's Basement, 617-348-7042/
 (BSMT) CO: Filene's Basement ST: Minnesota, Massachusetts IN: REA SU: PDT


CN -- NE013 -- 4075 08/27/92 15:49 EDT
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Publication:PR Newswire
Date:Aug 27, 1992
Words:198
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