California marine retailer shuts its doors

Author:
Updated:
Original:

After 62 years in business, Cope & McPhetres Marine is going out of business.

The California-based marine retailer has three locations in Rancho Cordova and Rocklin.

Officials said the company started shutting stores in the second half of last year as the impending recession took its toll on the recreational boating industry.

Cope & McPhetres stores in California, Nevada and Washington sold and serviced new and used power boats, according to the Rancho Cordova Post.

The company, on its Web site, is advertising a going-out-of-business sale and says all inventory must be liquidated.

Related

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.

IBEX Hires Education Director

Patty Lawrence will manage the show’s preconference sessions, seminars and workshops.

Organizers Plan for In-Person Metstrade

The show is scheduled for Nov. 16-18 in Amsterdam and will incorporate virtual elements.

X Shore Secures $17M in Funding

The Swedish company’s 26-foot Eelex 8000 electric boat premiered at the Palm Beach show last month.