San Joaquin Lumber Company is closed temporarily, as store employees prepare for a final clearance sale later this week, reports The Record, of Stockton, California.
The company announced on its website that its property has been leased to a pallet company.
The company has served the Stockton area for 105 years, the paper reports. General Manager Jeff French told The Record that the store was going to liquidate $1 million worth of inventory in lumber and hardware. The clearance sale is expected to run eight weeks.
San Joaquin Lumber was founded in 1910 in Stockton. Currently employing 15, French told the paper that the company had twice as many employees before the Great Recession.