Bob Slate Stationer closing
Feb. 10th, 2011 11:18 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
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Universal Hub reports that Bob Slate is closing in Harvard Square. Someone on the Porter Square Neighbors mailing list says the Porter Square store will also close.
The Slate family has been trying to sell the business since October 2009. Sadly, it appears that they never found a suitable buyer.
Cambridge Day has a news story about this. It says the leases are running out on the two Harvard Square stores, and that while the Slate family owns the Porter Square building outright, that store can't stand on its own. The stores will close in March.
ETA: Boston Globe article says one of the two Slate brothers is 73, and that the stores have lost money for the past two years.
The Slate family has been trying to sell the business since October 2009. Sadly, it appears that they never found a suitable buyer.
Cambridge Day has a news story about this. It says the leases are running out on the two Harvard Square stores, and that while the Slate family owns the Porter Square building outright, that store can't stand on its own. The stores will close in March.
ETA: Boston Globe article says one of the two Slate brothers is 73, and that the stores have lost money for the past two years.
no subject
Date: 2011-02-11 03:08 pm (UTC)