California-based Guitar Center plans to file for Chapter 11 bankruptcy, according to the company. The plan was revealed as part of a press release announcing a Restructuring Support Agreement with creditors that includes a new $165 million equity investment. The company operates about 300 stores across the country, including seven in the Washington, D.C. area.
The County Council yesterday approved Executive Order 122-20 from County Executive Marc Elrich that places restrictions on the number of people who can gather at various types of events, as well as be served indoors at restaurants and retailers. “We have been watching the daily number of new cases go up for more than two weeks and it’s unfortunately time to roll back some of our reopening steps in order to decrease the spike we are seeing,” said Elrich.
Hoover-Fisher Florist, a Four Corners mainstay since the 1960s, will move to a new location in Kensington in January, 2021, according to an email to customers. The family-owned retailer was founded in 1954 and later moved into a two-story addition to the Woodmoor Shopping Center at the intersection of Colesville Road and University Boulevard.
Demolition of 8787 Georgia Ave., the former home of the county’s Planning Department, is slated to begin by the end of the year in preparation for a 2021 groundbreaking of the redevelopment of the property. The county chose partners Bozzuto and StonebridgeCarras in 2013 for a two-part redevelopment effort, according to Devon Hastie, development manager for Bozzuto. The first part, construction of a new office building for the county in Wheaton, has been completed.
Snider’s Super Foods in Montgomery Hills has been sold to a locally based group of small food markets, according to Terry Sweet, one of Snider’s managers. The purchasers operate Streets Market & Café, based in Washington, D.C. The company opened its first store in 2014 and currently operates nine locations in the District, Baltimore, Arlington and Alexandria, Va.
The county will ease the COVID-19 emergency restrictions imposed earlier this year beginning on Monday, June 1, County Executive Marc Elrich announced. In a press conference marred by boos, insults and profanities from the audience, Elrich said the gradual Phase 1 reopening of businesses and activities, under specific guidelines, would be in effect as of 6 a.m. Monday.