The store will continue to honor existing orders for weddings already on the books, as well as fittings, alterations and pickups, the store shared with customers on Facebook.
Wimsatt, 70, who has owned the business since 1970, said he needs a smaller and more efficient space.
The five-story Price Stores building has been purchased by Windsor Companies, the developer of the Fire Blocks District, who plans to convert it into new uses. Price Stores’ planned new home in Centerville will be much more suitable because it will be a retail center, Wimsatt said.
The Jefferson Street building needs a substantial amount of restoration and upgrades, Wimsatt said, noting that the building closed for 10 months in 2017-2018 because of water damage from flooding caused by a burst pipe.
The five-story Price Stores building has been purchased by Windsor Companies, the developer of the Fire Blocks District, who plans to convert it into new uses.
Larry Zusman and his wife Leonore opened the store in 1950 on the bottom floor of the Garfield Building, once occupied by the Ohio Bell Telephone Company.
For decades, Price Stores remained the go-to spot in downtown Dayton for clothing and great service.
The store sold “hi-style and mod” in the 1960s, leisure suits in the ’70s, and smart business attire throughout their history.
Hyman and Natalie Sherman took over the store in 1980 and in 1997 sold it to Edd and Nancy Wimsatt.