Price Stores cuts store hours for renovations

Exterior shot of Price Stores, 1972. At the time of the photo, the building’s old brick exterior had recently been covered with a modern metal facade. The store is at Fourth and Jefferson streets in downtown Dayton. DAYTON DAILY NEWS ARCHIVES

Exterior shot of Price Stores, 1972. At the time of the photo, the building’s old brick exterior had recently been covered with a modern metal facade. The store is at Fourth and Jefferson streets in downtown Dayton. DAYTON DAILY NEWS ARCHIVES

Price Stores has cut its store hours temporarily for remodeling and repairs to its downtown Dayton building.

The tuxedo and tailored suit store, located at 52 S. Jefferson St., will have limited hours during February. February store hours are:

• Monday: Noon to 8 p.m.

• Thursday: Noon to 8 p.m.

• Saturday: Noon to 5 p.m.

» CONTINUED COVERAGE: Price Stores building in downtown sold to investor

"We are doing some much needed repairs and remodeling, All wedding reservations and men's alterations will be ready as promised!! Any measurements needed to be completed will be done during our restricted hours for the month of February only," the store announced on its website.

This news organization reached out to the company, but was unable to reach the owners for comment.

» TRENDING BUSINESS NEWS: Retail sales boom in January

Price Stores sold its building for approximately $550,000 in March 2017, according to county property records. Edd Wimsatt, owner of Price Stores, said it was the right time to sell the building to an investor who is interested in revamping and developing downtown Dayton.

The Ellway Group now owns the Price Stores building and at the time of the purchase said they planned to renovate it into a boutique hotel. The Ellway Group also owns or controls 1 million square feet of space in the Fire Blocks District, which is the area bordered by Jefferson and St. Clair streets and Second and Fourth Streets. The group also purchased two buildings near the Cannery Lofts, also along East Third Street.

Price Stores, which has been in business for more than 60 years, will now lease the same space within the building. The business sells suits, tuxedos and other clothing accessories for men.

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