Sherman Clay Announces Closure of Its Seattle Retail Location
(firmenpresse) - SEATTLE, WA -- (Marketwired) -- 08/02/13 -- Sherman Clay & Company, the iconic San Francisco-based music company that for over 140 years has been one of America's most successful piano retailers, announced that its Seattle retail location will close permanently after more than 100 years in the city.
The announcement was made by CEO Eric Schwartz, whose family has owned Sherman Clay since 1960, and who, along with his brother Michael, has helped lead the successful expansion and diversification into several other profitable businesses under the name of The Sherman Clay Group.
"It is with great regret that we announce the closing of our store in Seattle, a city that has played a major role in our history for over a century," said Schwartz. "As we announced earlier this year, we've had to make the tough decision to end our nearly 143 year run in the piano retail business to focus more attention on our other business interests, including commercial real estate, retail sales financing, and paper manufacturing."
Beginning mid-August and continuing through its final days at the end of September, Sherman Clay Seattle is offering extraordinary values on its complete inventory of new and used Steinway, Boston and Essex pianos.
Founded in San Francisco by Leander Sherman in 1870 and owned by the Schwartz family since 1960, Sherman Clay & Co. has long been recognized as one of America's leading piano retailers and supporters of music.
Based today in San Bruno, Calif., Sherman Clay & Co. is part of the Sherman Clay Group, which includes SClay Management, Inc., a commercial real estate management firm and Allegro Acceptance, which provides financing to purchasers of pianos and hearing aids. An affiliated company, APC Paper Holdings, Inc., manufactures 100% recycled kraft paper at its mills in New York and New Hampshire.
Jonathan Poretz
Double Forte
415.500.0604
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Datum: 02.08.2013 - 09:00 Uhr
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News-ID 1251329
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