Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WESTWOOD, MA-Frugal Fannie’s, the locally based discount women’s retailer, is closing its doors. The company closed its four Washington, DC-area stores last year and, according to local published reports, is considering filing for bankruptcy.

The company has four locations in the Greater Boston area, including a 40,000-sf warehouse store here as well as stores in Reading, Brighton and Framingham. According to Frugal Fannie’s Website, the other three locations range in size from 25,000 to 80,000 sf. A company representative tells GlobeSt.com that all the sites were leased.

Frugal Fannie’s began in the early 1970s as a small chain of women’s fashion boutiques. It remained a private, family-operated company and didn’t expand out of the Greater Boston area until a few years ago. But the terror attacks of September 11, 2001 along with a staggering economy forced the company to close the four Washington DC-area stores by March 2002.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.