Greetings & Readings, a retail fixture in the Baltimore area for nearly five decades, will close next month because of sharply declining sales and stiff online competition.
The family-owned independent seller of books, greeting cards, jewelry, apparel, handbags and gifts announced plans Thursday to close its sprawling store in Hunt Valley Towne Center on Jan. 20. The business employs 80 people.
Sales and customer traffic have been declining for several years, but business this year fell off even more, by about 15 percent, compared with 2017, said Steve Spund, store vice president and one of five family members running the business.
“There are certainly several...