>La Grande Observer | Union and Wallowa Counties' News Leader

Observer news NE Oregon Classifieds Web
web powered by Web Search Powered by Google

Follow LaGrandeObserver.com

AP Business Video

AP Market Headlines

  • News Summary: Dow slides 206 points on Fed
    EASING BACK: Stocks slid and bond yields rose sharply after Federal Reserve Chairman Ben Bernanke said the central bank could start to pull back on its bond purchases later this year if the economy improves enough, and end the program by mid-2014....
  • La-Z-Boy, Adobe, Tetra Tech are big movers
    NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:...
  • How the Dow Jones industrial average fared
    Stocks fell sharply Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year and end them by mid-2014 if the economy improves enough. High-dividend stocks like telecommunications and utilities fell the most. Markets have been making big swings in recent weeks as traders try to anticipate when the Fed will ease back on the bond-buying program. The Dow Jones industrial average had its seventh straight move of 100 points or mor...

Recent article comments

Powered by Disqus

Home arrow News arrow Business arrow CLOSING DOORS

CLOSING DOORS

GOING OUT OF BUSINESS: A shopper heads to Mack and Sons Jewelers Tuesday. (The Observer/PHIL BULLOCK).
GOING OUT OF BUSINESS: A shopper heads to Mack and Sons Jewelers Tuesday. (The Observer/PHIL BULLOCK).

By Ray Linker

Observer Staff Writer

One of the longest operating businesses in Eastern Oregon is calling it quits here.

Mack and Sons Jewelers at 1202 Adams Ave. has announced that after 53 years of service to Eastern Oregon, the company is closing its La Grande store and selling the building and inventory.

"With considerable emotion and despite perhaps an uncertain future, my wife Sally and I wish to chart a new course to pursue other interests that we have been experimenting with these last few years," Joseph Mack stated in a letter addressed to "friends and valued customers."

The letter said that very shortly the store would list the building for sale and announce the liquidation of the merchandise in a going-out-of-business sale.

A special by-invitation-only sale was being held for favored customers Tuesday and Wednesday.

Fabian S. Mack opened the family's first store in Baker City in 1949. It closed in 1998 or 1999.

F.S. Mack and Sons opened in La Grande on Dec. 7, 1995, when Jerrold and Shirley Mack bought I.J. Gems from Jerold's brother, Joseph Mack.

Joseph Mack has been the manager of the La Grande Mack's store since.

When contacted Tuesday, Joseph Mack said he and his wife "just want to take some time off" before delving into any further business ventures. They want to spend more time raising two sons, 4 and 7.

Joseph Mack said he was associated with some real estate business in the area, including being involved with a La Grande RV resort.

"The jewelry business has been a big part of our whole family. We have developed a large clientele here and our customers have been good to us," he said.

The Eastern Oregon economy has been tough, generally, he said, "but since we've owned our own buildings, we've been able to make a fairly good living."

The family owned a store in Ontario, which it closed three or four years ago, Mack said. In 2001, after extensive research, Jerrold and Shirley Mack opened a jewelry store in St. George, Utah.

 
blog comments powered by Disqus
News
Local / Sports / Business / State / National / Obituaries / Public Notices
Opinion
Editorials / Letters / Guest Columns / Columnists
Features
Outdoors / Ag / Spiritual / Go Magazine / Portraits
Classifieds
View all classifieds / Jobs / Autos / Real Estate / Rentals / Place an Ad
The Observer
About / Contact / Commercial Printing / Subscriptions / Terms of Use / Site Map
Also Online
Photo Reprints / Slideshows / Weather and Valley Cam / /index.php?option=com_rss&feed=RSS2.0&no_html=1">RSS Feed ?> RSS Feed

Follow La Grande Observer headlines on Follow La Grande Observer headlines on Twitter

© Copyright 2001 - 2013 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use

LaGrandeObserver.com works best with the latest versions of Mozilla Firefox, Microsoft Internet Explorer or Apple Safari