Baltimore-based Shoe City is shutting down after 74 years and closing all 39 stores in Maryland, Virginia and Washington, D.C., WMAR2News.com reported. "Unfortunately, after 74 years in business, the Shoe City legacy has come to an end," wrote attorney Stanley W. Mastil, the chief restructuring officer in a bankruptcy filing for the company. Shoe City, which goes by ESCO, Ltd., and YCMC, filed for bankruptcy in federal court in Maryland on April 3. Mastil noted that it "remains a family-owned business to this day as the equity of the Debtor is owned by family members and family trusts of the founders." All stores will close by May 31.
