The owner of Storm Lake Hardware on Lake Avenue said Wednesday afternoon that customers will be able to shop at the retail store for another six weeks, and then the long-time business will close its doors for good.
Tom Miller, the owner of the hardware store for 15 years, said his going out of business sale at the hardware store will last as long as supplies are in stock, and said he will probably sell the last of his inventory at the end of next month.
"We will probably run until about the end of November," Miller said, "so we will probably be open about six more weeks. We're hoping to be able to get all our inventory out by that time. We'd like to sell our supplies as soon as possible, of course, but it will probably be around the last week or so of November."
Miller said there were several critical factors which played in the decision to close up shop, including the current struggling economy.
"One reason is that the retail economy in Storm Lake is not the best right now. Another was that the building that we are in was up for sale, and a third is that it's getting much harder to run a small business now. The interest rates are too high for many small businesses right now, and that has hurt them a lot."
Miller said he and his family intend to stay in Storm Lake after the store closes, but said he is unsure at this time of his future plans in town.