PORTHENRY-After nearly a century in Port Henry, Sagan's Men's Shop is closing.
"We deeply regret it," said Jack Woods, owner of Sagan's. "We want to stay open, but you have to face reality. When the figures come in and you're not doing the volume of business you need to survive, you can't ignore it."
Sagan's, a men's clothing shop located on Main Street, will close June 30.
"It's sad news," Moriah Supervisor Tom Scozzafava said. "Sagan's has been an anchor to our downtown for a long time. It'll be missed."
Sagan's opened in 1917, owned by brothers Sam, Lester and George Sagan. When the last surviving brother, George, died in 1982 Pauline Sagan took over. She ran the store until her death in 1989 when ownership went to Philip Sagan. Philip sold the store to Woods, who had worked for the Sagans for many years, and Bruce Brassard in 1989. Brassard is no longer involved with the store.
"I worked for the Sagans for a long time; they treated me like a member of the family and 4I felt as if I was," Woods said. "They were wonderful people."
The store has been struggling for some time, Woods said.
"The sales haven't been there for a while," he said. "I thought we had started to gain some momentum a while back, but then we started to lose ground again. There are a lot of reasons - the economy is bad, the (Champlain) bridge closing really hurt and then the flooding in town had an impact.
"The changing global market is a big part of it, too," he added. "If you're not a big retailer or on the internet, you're a dinosaur."
Woods expressed gratitude to his customers, local businesspeople and community leaders for their support and encouragement.
The store closure will mean the loss of just one job - Woods'.