Suttman said that while the recession and competition from larger stores played a role in his decision to close the store, the primary factor was his desire to retire. He is 65.
“I’ve been doing this for 42 years. It’s been a great trip,” Suttman said.
The store is closed through Wednesday in preparation for the launch of the liquidation sale. When the store reopens at 9 a.m. Thursday, Suttman’s merchandise — including men’s suits, sport coats, dress and sport shirts, dress and casual pants, jeans, school spirit wear, shoes, and other clothing — will be discounted 20 percent to 70 percent, Suttman said. All store fixtures and equipment will be for sale as well.
The store’s hours, after it reopens on Thursday, will be 9 a.m. to 6 p.m. Monday through Saturday. After the liquidation of the contents is complete, Suttman said he’ll put the 15,500-square-foot property up for sale as well.
Miamisburg Economic Development Director Chris Fine said Suttman’s has been “an anchor” in the city’s downtown.
“Although we are happy for Mr. Suttman and the success he and his family have had, we are also saddened at the loss of such a great business in our community,” Fine said. “The city will work closely with Mr. Suttman on possible reuse of the space and hope to fill it as quickly as we can with a new business.”
Suttman said his store has five employees, all of whom were expected to retire or depart sometime this year.
Despite his family’s extensive history in the clothing store, closing the business “wasn’t that hard of a decision,” Suttman said.
“When you own your own business, it’s hard to get away,” he said. “I’m going to be 66 soon, I’m healthy, I’m able to retire — so why not?”
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