Story perspectives

Frugal Fannie’s Fashion Warehouse to Close After 43 Years

By Drooid · Sep 24, 2026, 2:31 PM UTC · How we work

Summary

Story summary

Kathleen and Orrin Doxer are closing Frugal Fannie’s Fashion Warehouse in Westwood after 43 years.
The liquidation sale begins Thursday, Sept. 24, at the Westwood store.
SB360 Capital Partners was hired to manage the liquidation sale.
The company promised no layoffs and a stay bonus for employees who remain until closure.
Frugal Fannie’s supported breast cancer research at Beth Israel Hospital and fundraising for Rosie's Place shelter.

History

Historical Context

In the 1990s Montgomery Ward, once the third-largest U.S. department chain, lost sales to rivals Target and Walmart. It filed Chapter 11 in 1997, emerged in 1999 under GE Capital, but by December 2000 announced the closure of its remaining 250 stores and 37,000 jobs. The failure presaged later retail collapses, including Sears’ 2001 purchase of former Ward locations.

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Story summary

Kathleen and Orrin Doxer are closing Frugal Fannie’s Fashion Warehouse in Westwood after 43 years.
The liquidation sale begins Thursday, Sept. 24, at the Westwood store.
SB360 Capital Partners was hired to manage the liquidation sale.
The company promised no layoffs and a stay bonus for employees who remain until closure.
Frugal Fannie’s supported breast cancer research at Beth Israel Hospital and fundraising for Rosie's Place shelter.

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