PxPixel
Longtime retailer closing a store - Trade Only Today

Longtime retailer closing a store

Author:
Publish date:

Staff Jennings Boating Centers is closing its Eugene, Ore., store after 52 years in business. The company's Portland, Ore., store will remain open.

The Eugene store, which opened in 1958, began liquidating its inventory Tuesday and will close its doors Saturday, The Register-Guard newspaper reports.

The store has made cutbacks during the last year. Ten of 16 employees left or were laid off, the dealership closed on Sundays and Mondays and long Thanksgiving and Christmas holidays were scheduled.

Marl Carter, general manager and vice president of the Eugene store told the newspaper he could have kept the store open by making further cuts, eliminating every brand but Bayliner and hunkering down for a couple years until the economy recovers.

"The bottom line is I did not want to do that," he said. "I want to retire."

Selling the dealership was not an option, he said, because "nobody would buy a boat dealership right now."

Click here for the full article.

Related

Six inducted into 2018 Sailing Hall of Fame

The National Sailing Hall of Fame named three people to the 2018 class of inductees — yacht cinematographer John Biddle; three-time Soling World Champion, Brazilian-American Olympian Vince Brun; and shipbuilder and naval architect William Webb.

New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.