The company filed a notice with the state this week that says all 1,664 workers could be affected but noted the buyer could hire some or all of them back should it decide to continue operating the stores.
If only part of Filene's Basement's stores are sold, only some of the workers could lose their jobs next month, the company said in a letter to the Ohio Department of Job and Family Services. The rest would remain employed "for a brief period" as Filene's winds down operations at any remaining stores. The letter indicated the second wave of layoffs could begin July 17.
"We hope to provide additional information on or about June 10, 2009, when the Bankruptcy Court hearing on the approval of any proposed sale is currently set to occur," the company said in its letter.
In Ohio, 105 are employed at the Filene's store located at 3704 W. Dublin-Granville Rd. and 43 at the Warrensville Heights store, the letter said.
Filene's Basement had been owned by Columbus-based Retail Ventures Inc., until this spring, when it was turned over to a California liquidator, Buxbaum Holdings Inc.
Early this month, Filene's filed to reorganize under Chapter 11 bankruptcy protection.
Bids to buy the assets of Filene's Basement are due June 3 and an auction for the chain will be held June 5, the The Boston Globe reported this week, based on a filing in the U.S. District Court of Delaware.
Filene's Basement already has one bidder for part of the business. New York real estate firms Crown Acquisitions and Chetrit Group jointly have expressed interest in buying 17 of the 26 stores. It was not immediately known whether the Ohio stores are part of the 17.
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