McCrorie Home Furnishings to close as owner retires
Clint Engel -- Furniture Today, November 28, 2011
PORT ANGELES, Wash. — The owner of McCrorie Home Furnishings here has decided to retire and will begin liquidating assets Friday, the company said.
The company, led by Bob McCrorie, has hired SPCI to conduct the closing sale. The Carpet One stores in Port Angeles, Sequim and Port Hadlock, Wash., run by McCrorie's brothers John and David McCrorie, will remain open.
"Our family reputation is too important for me to take a chance on selling this business," McCrorie said in a release. "I can't be sure of how a new owner would carry forward. Also, with my brothers remaining in business with their Carpet One stores, a new owner could affect their reputation as well."
SPCI President Stephen Forsey said the sales will run for about 60 days and expected to generate "$1 million plus" in revenue. Key suppliers to the midpriced store include Stylus, Howard Miller, Ashley and Emerald Home Furnishings.
In 1958, McCrorie's father, Bob McCrorie Sr., formed a partnership with Raynard Thompson and started McCrorie-Thompson Furniture and Appliances in downtown Port Angeles, where the 15,000-square-foot store is located today. Thompson died seven years later, and the stores eventually was renamed it McCrorie Home Furnishings.
Bob McCrorie Jr., who is retiring now, later took over the furniture business from his father.
"After almost 40 years of serving the furnishing need of the community, Bob Jr. wants to retire and pursue other hobbies and interests," the company said.
- Oct 18, 2011