Business

2 Tri-City Dollar Stores closing doors

The two Dollar Stores in the Tri-Cities will soon become history.

They are among 37 stores in Washington and Oregon that are scheduled to be closed because their parent company, Liquidation Outlet Inc., is going out of business, and filed for Chapter 11 in March.

Store employees in Richland and Pasco heard Friday about the liquidation. That means about a dozen or so employees at both stores will lose their jobs, said Robin McGaffey, an employee at the Richland Dollar Store who has worked for the company for a year.

Some may go back to school and others aren't so sure what they will do, she said. Discounts are being offered on all items and sales are expected to wrap up within six to 10 weeks, McGaffey said.

The going out of business sale is being managed by Hilco Merchant Resources of Illinois.

In the last 12 months, Liquidation Outlet shut down its store in downtown Kennewick and on North 20th Avenue in Pasco, said McGaffey, adding she worked at both locations.

She said she heard the owners were trying to sell the chain and even had a buyer lined up, but the deal fell through because the potential buyer couldn't arrange financing, she said.

Owners Gary and Arlene Woodring decided to liquidate "because they wanted out," McGaffey said.

The Woodrings couldn't be reached for comment.

The 37 stores have an inventory valued at more than $13 million that includes groceries, fresh produce, housewares, gadgets, stationery, toys and seasonal merchandise.

The Dollar Stores are at 1305 Jadwin Ave. in Richland and 3315 W. Court St. in Pasco.

w Pratik Joshi: 582-1541; pjoshi@tricityherald.com; Business Beat blog at www.tricityherald.com

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