ATLANTA — Caplan’s Inc. is getting out of the fashion men’s wear business to focus on its uniform and corporate identity business, and will close its North Blvd. store in Alexandria, La., by the end of January 2008. | The 116-year-old retailer started a going-out-of-business sale to liquidate inventory last week with price reductions up to 50 percent on every item. The North Blvd. store opened five years ago. Since then, the property has become more valuable, said Brent Caplan, vice-president and GMM, and Caplan’s has been approached by various parties interested in acquiring the location.
Additionally, Caplan said, “retail is becoming more and more of a challenge. Our uniform and corporate identity business is a viable business model, and I like it better.”
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