G Street Fabrics, an icon from downtown Washington, D.C.,’s department-store era that later fled to the suburbs, is planning to trim its store count using bankruptcy protection.
The retailer, which filed for bankruptcy in June blaming slow sales of its fabrics, will keep open its flagship store in Rockville, Md.—its busiest location. But officials are preparing to close its two other locations in Centreville and Falls Church by Labor Day weekend.
[more]