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More Apparel Coming and Going DC Style

Posted by Robert on August 5, 2010
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More Apparel Coming and Going DC Style – A few large apparel retailers are actively looking in Washington DC for a downtown location. The closed Barnes and Nobles at 14th and F Street was recently leased by T.J. Maxx and Kohl’s has toured multiple sites including the former ESPN Zone on 12th and F Street.

Yet for many clothing and shoe retailers, prospects for growth have dimmed significantly since the recession. According to today’s Wall Street Journal, consumers are shifting more spending toward personal technology gadgets leaving less for apparel. Many soft goods retailers are changing strategies including Nine West who is seeking to exit it’s new Georgetown location at 1227 Wisconsin Ave less than 24 months after signing a long term lease.