The Future of 14th St.

Crain’s reports:

Time may be running out for brides to dash to Filene’s Basement. The off-price retailer, famous for its Running of the Brides discount wedding dress events, is on the block. In a filing with the Securities and Exchange Commission Friday, the chain’s Columbus, Ohio-based parent Retail Ventures Inc. said efforts to cut costs “is not likely to lead to sustainable operations for Filene’s basement.”

In January, Retail Ventures had announced the closing of 11 underperforming Filene’s stores, including one in Levittown, N.Y. Yet performance at the remaining 25 locations, which include four in New York City, “has continued to deteriorate significantly since that time,” according to the filing. Retail Ventures, which also owns footwear chain DSW Inc., said it will delay the filing of its annual results with the SEC.

Mexicana Mama, the intimate Mexican joint on East 12th St., has shuttered.

Art supply store Sam Flax is closing its store at 11 West 19th St. There are big savings on things like high-end office furniture, all kinds of art supplies, stationery, and lots of picture frames. The sale will run through June.

This rather fascinating report on pedestrian foot traffic in the area reveals that sidewalk crowds are up 53% in the past five years. If you’ve ever walked past Whole Foods at 6 PM, this will come as no surprise. In fact, Whole Foods is probably mainly responsible for the surge.

Get ready for Hashi Market. This small but growing chain of Japanese markets will open a store at 93 University Place, the former home of Saigon Market and vacant for four years.