Harry Ritchie’s Jewelers just notified its employees about the closures.
The store at Valley River Center is actually one of the highest performing and will remain open, but at least 10 locations elsewhere won’t be so lucky.
Harry Ritchie’s Jewelers got its start in Eugene in 1956. Since then, it expanded to 30 locations in four different states–Oregon, Washington, Idaho and California.
Ten stores will close, leaving 44 employees without a job. Three of the ten stores are in Oregon.
As a family-owned business, store representatives say it was a tough call.
“It’s not an easy decision by any means to close stores. It is only after a long discussion and deliberation and strategic planning and looking at store performance and underperformance, but we are not leaving these communities,” said Erik Parrish, Harry Ritchie’s Director of Finance.
Reps say that while the physical stores will be gone, customers can always check out Harry Ritchie’s online.
The chain says the process has been a long one and a result of its need to respond to the changing retail landscape during the economic downturn.
The Harry Ritchie’s outside Valley River Center in Eugene as well as the one in Springfield will not be closing.