After 30 years, Ontario store closing doors
By Furniture Today Staff -- Furniture Today, February 11, 2007
Port Perry, Ontario — Upscale retailer Settlement House Shops here is going out of business after 30 years as owner Daphne Mitchell pursues other interests.
Daniel Lynch Sales is coordinating what it calls the "Great $2 Million Going Out of Business Sale," which began in late January and is expected to run for 60 days or less, said Chris Lynch, co-CEO of the liquidator and promotions specialist.
Key suppliers include Highland House, Durham, Décor-rest, Pulaski, Lane, Hooker, Stanley, Taylor King, Canadel, Bermex, Fernetti, Bernhardt and Magnussen Home. Lynch is also bringing in private-label goods, which it calls Devonshire.
The GOB sale is expected to generate $1.6 million to $1.7 million. The retailer plans to lease its building to an apparel and housewares retailer.
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