Click for Ann Arbor, Michigan Forecast
Thursday May 25, 2017
Follow us: facebook twitter RSS feed
Print Comment E-mail

Peartree Store Closes

 

continued

That project is now on hold indefinitely, and Peartree's lease was up at the end of October. "We had a choice to renew for another three years or not," says Schroer. Not surprisingly, sales in heirloom-quality home furnishings have been flat lately, although Schroer observed dryly, "Once we started offering fifty percent off, sales went way up."

Schroer's mother, Mary Schroer, a state representative from 1993 to 1999 who helps at the shop, says that Pfizer's sudden exit from town didn't help matters--and then "last October, things just stopped. People stopped buying furniture." While Peartree stocked plenty of more affordable accessories, Jennifer says, "We need to sell furniture to make it."

Her mother explains: "People who buy more expensive furniture are people whose children have left home. You've done the IKEA, done the Penney's, done Sears, and now it's time to buy something worthy, something that's going to stick around for awhile. Now those people are watching their retirement accounts and saying, 'Oh my God, I just lost half of it.'"

Schroer and Bolt plan to continue to sell furniture on their two websites, www.peartreehome.com and www.peartreemodern.com.

Bookmark and Share
previous  ·  1 l 2 l 3  ·  next page
all on one page
read more stories here -> Marketplace  l  Culture  l  Community  l  News

You might also like:

Agave Arrives
In a seamless transition from Sabor Latino
Terry Gallagher
Crime Map
A clickable, zoomable map
Restaurants with prices Over $30
A clickable zoomable map
Restaurants with prices Under $10
A clickable zoomable map
Elected Officials
Classes, Seminars, and Workshops
DakhaBrakha
Childlike freedom
Sandor Slomovits
Storm-Water Solutions
The city plans to spend $34 million over the next six years to fix its flooding problems.
James Leonard
The Fortress
I Spy: April 2017
Sally Bjork
Dave Sharp Worlds Quartet
Where jazz goes when it leaves home
Sally Mitani
Grillin' 2017 June 11th, 3-8pm - Ann Arbor MI
The Brain Injury Association of Michigan
A guide to senior living and services