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FILENE'S BASEMENT REPORTS MARCH SALES

 WELLESLEY, Mass., April 8 /PRNewswire/ -- Filene's Basement Corp. (NASDAQ: BSMT) today reported that net sales for the five week period ended April 3, 1993 of $44.8 million, up 9 percent from sales of $41.2 million for the same period last year. Comparable store sales for the five weeks this year were down 7 percent from the same period last year.
 Year-to-date sales were $75.0 million, up 6 percent from last year. Comparable store sales for the two months this year were down 9 percent from the same year-to-date period last year.
 Filene's Basement Corp., operates specialty stores which offer focused, quality branded assortments of men's and women's apparel at prices generally 20 percent to 60 percent below department and specialty store regular prices. The company has 51 stores operating primarily in the Northeast and the Midwest.
 -0- 4/8/93
 /CONTACT: Gary Crittenden CFO of Filene's Basement, 617-348-7156/
 (BSMT)


CO: Filene's Basement Corp. ST: Massachusetts IN: REA SU: ERN

CH -- NE004 -- 4155 04/08/93 10:34 EDT
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Publication:PR Newswire
Date:Apr 8, 1993
Words:171
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