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Metropolitan DC Local Politics
Reply to "Foxtrot Closing All DC Stores"
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[quote=Anonymous][quote=Anonymous]Foxtrot is closing all US stores, not just those in DC. Very odd considering some of the DC locations opened less than a year ago.[/quote] Private equity and venture capital money moves quickly. They were not going to keep throwing good money at Foxtrot at these interest rates. https://www.cspdailynews.com/company-news/foxtrot-raises-100-million-fund-growth I also think they probably expected DC to rebound with RTO more quickly than actually materialized. [/quote]
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