Monday, May 5, 2008

Hanley's to Close After 80 Years of Doing Business in Sun Prairie

This post is to confirm that Hanley's, a hardware and power sports store on Sun Prairie's East Side on Main Street, has announced that it is closing after 80 years of business. Tom Hanley, the owner, informed employees late last week that between diminishing profit margins and the potential loss of customer from the pending reconstruction of Main Street, he had made the decsion to close the store. Hanley's employed approximately 40 full time employees and several part time staff.

The announcement comes at the same time as national hardware chain Home Depot announced that they were closing three of their Wisconsin stores (Beaver Dam, Fond du Lac, and NW Milwaukee) while both Madison area stores seem to performing well. The slowed housing market and increased competition have made the hardware/home improvement industry scale back throughout the country.

While it was known that the Hanley building and property had been listed for sale for some time, discussions with Mr. Hanley over the past year were focused on finding a potential new location with additional visibility for his motorcycle dealership, along with select components of his operations. He also stated that the costs of building a new building factored into his decision to close. The existing site is approximately 6.6 acres.

To simply say that Hanley's has been a long standing business in our City would be a gross understatement. They have been an anchor retailer serving the City's East side, the Main Street Corridor, and the City as a whole. Their presence will be sorely missed. We wish Mr. Hanley all the best in his future endeavors, and hope he will remain an active and important part of our community. The City looks forward to working with Mr. Hanley in whatever plans he may have for his Main Street property, and to assist in any way that we can.

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