No Child's Play: Heights Toy Center Calls it Quits
By: Adam Rodriguez
Updated: January 3, 2013
It's the end of an era for Greg Bonner, closing the toy store his parents bought when he was five.
"We are closing," Bonner said. "We are closing our doors at the end of January."
Chatty Cathy dolls, Steiff teddy bears, and wooden train sets, everything has to go at heights toy center.
Bonnner says he recently received an offer to stay in the toy industry, and with his costs up and sales down, he dedided it's time.
"It is tough," Bonner said. "It's tough not to be with my customers every day and see their kids grow up and things like that."
Michael Pakko, the state's chief economic forecaster, says Bonner's struggle highlights a big concern he has about the state's economy..
"Sales and use tax revenues are down really sharply the last four or five months, starting in the late summer, early autumn of last year," Pakko said.
So despite the fact people are making more money, it would appear they're spending less.
"I've called it a roller coaster recovery," Pakko said, "where we see periods where the expansion seemed to slow to a crawl."
Too slow for small business owners like Bonner. So after nearly fifty years, he's closing shop to play somewhere else.
"I'm going to work in the toy industry, so I'll still be in the toys," Bonner said.
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