It is all of Syms and Filenes Basements that will be closing sometime after the holidays. My sister and brother in law both worked there and have for decades. Even though the signs were there that there were problems, it is still a shock.
I worked in the Boston store for 5 years and the employees there were so close. It was sad when it closed but at that point it was thought the store would reopen in a few years. Now it is just a big hole in the ground.