Georgetown Metropolitan reports that 73% of the businesses in the neighborhood are independent. This percentage drops to 41% only a block from Wisconsin Ave. and M St.
There have also been fewer store closings, but there was still a net loss of 13 stores. The majority of store closings were independent businesses.This year saw the closing of Commander Salamander, and the openings of stores like Madewell, Barbour, and City Sports.
Within the next year, it is reported that businesses such as Brooks Brothers, All Saints, Calvin Klein, Rag & Bone, and Serendipity3 will be opening locations in Georgetown.