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Come On, Filene

Beloved neighborhood swag shop Filene's Basement will close its outlets in Braintree, Peabody, Saugus and Watertown by the end of 2011. That leaves only the ones in Newton, Norwood and Back Bay. "Retail analysts say the company, which says it invented the bargain, has suffered since shuttering the flagship store in Downtown Crossing several years ago." [Globe]