Port Angeles Gottschalks to close Saturday afternoon

PORT ANGELES — The Port Angeles Gottschalks store’s last day of business will be Saturday.

The downtown retail store at 200 W. First St. will be open from 9:30 a.m. to about 4 p.m. Saturday.

Employees will clear out inventory on Sunday, and turn the keys over to Coldwell Banker Uptown Realty in Port Angeles, said Pay Hyden, secretary and treasurer of K.O. Erickson Trust, which owns the 34,900-square-foot building, today.

Dan Gase, president of Coldwell Banker Uptown Realty, is co-listing the building and will market it to other retailers.

“We don’t want see any more empty buildings,” Hyden said.

Gottschalks operates 58 department stores and three speciality stores in Washington, Oregon, California, Alaska, Idaho and Nevada.

A company-wide liquidation sale began on April 3, two days after a Delaware bankruptcy judge approved the liquidation of Gottschalks Inc.

A consortium of liquidators — SB Capital Group of New York, Tiger Capital Group of Boston, Great American Group of Los Angeles and Hudson Capital Partners of Massachusetts — purchased Gottschalks at an auction on March 30.

The Port Angeles store had slashed its prices during its liquidation sale.

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