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JANET BROWN'S FATE: Janet Brown appears to be hanging on by a thread. The chic Port Washington, N.Y., retailer, whose owner died last March of a heart attack, is still being phased out, but the end is in sight. Elaine Edelstein, Brown's sister who is handling her affairs, said Tuesday that the store is still operating (although on a very sporadic schedule) and she's still selling off all the fall merchandise, but no new orders have been coming in. Clothing racks with reduced merchandise lined the sidewalk last weekend. Edelstein, who has been commuting from Philadelphia, said she doesn't plan to remain open in the new year.