Cash & Carry To Close
A liquidation sale will start today at the Cash & Carry because the business will be closing.
Jim Sirianno, Cash & Carry owner, said there will be a 20 percent discount sale on meats, deli selections, frozen food items, dairy products and paper suppliers.
”We’re starting a liquidation of the inventory starting this week,” he said. ”We have a lot of inventory in the warehouse we will be bringing over. Some inventory is from the Mr. Salvage operation.”
Sirianno is an area business entrepreneur. Along with the Cash & Carry, he also once operated Mr. Salvage, which had several locations in the area. The last location was 20 Steele St., which was the former Evan’s Skateland. The Mr. Salvage was closed last year and renovated into Riverwalk Self Storage. Sirianno said the closing of the Cash & Carry will have no effect on the Riverwalk Self Storage business, which he also owns.
Sirianno said once the inventory has been sold, a second liquidation phase will be held to sell fixtures and large equipment.
”I think it will take about 60 days to wind things down,” he said.
Changes in the marketplace led to the decision to close.
”The competition is too stiff,” he said. ”We got to the point we couldn’t sustain it anymore. I made the decision to close the operation and move toward leasing the building.”
With the business closing, Sirianno said the most difficult think is letting go of the employees.
”We had a really good crew of people working there. It is tough to let them go,” he said. ”A couple months ago, we had 10 employees. Now we just have a few people working there for the liquidation.”
Sirianno said this is the first time in 20 years he will not be operating a retail business. He said, if the business climate changes, he may return to operating a retail store.
”I would like to say, ‘Thanks,’ to all the customers,” he said. ”I’ve met a lot of good people and hope to see them again someday.”
The Cash & Carry is open from 9 a.m. to 5 p.m. Monday through Friday and 10 a.m. to 2 p.m. Saturday.
Sirianno purchased the Cash & Carry in 2009 after Sysco, which used to operate the business, closed its Jamestown distribution plant.