An electrical shop that has traded in Wellingborough town centre for more than half a century is to close.
Mobile Radio Services, of Central Hall Buildings in High Street, will cease trading on August 30.
The business’s managing director Paul Thompson said: “It is with much regret and sorrow for us to announce that after more than 60 years of trading in Wellingborough and the surrounding area, we shall closing our shop at the end of August 2014.
“There are several reasons why we have made this decision. It was not an easy decision, and one which the directors were reluctant to take. But with the continuing uncertainties in the economy and the ever-growing competition we face from internet traders, department stores and supermarkets, it has made it increasingly difficult for us to trade profitably.
“We have to accept the fact that specialist independent electrical goods shops have become less popular nowadays.
“More people are buying these products online and elsewhere from traders who don’t have the overheads of running a specialised shop with trained sales staff and skilled repair engineers.
“Also, most of the directors are of retiring age with no natural succession in place to take over the reins any way.
“In the end, it was a unanimous decision that our timing is now right to close.
“Mobile Radio has always been a family owned business.
“My aunt and uncle, Daphne and Peter Elson, purchased it in 1985 from the Desborough family. I joined in 1988 and was appointed to managing director in 1994 to take over the running of the business.
“It has been a prominent business in the town for so long and many local people have shopped here and relied upon us in preference to the big electrical stores. We would like to take this opportunity to say a big thank you to all of our customers for their business and support over the years and to apologise for any inconvenience this will cause.
“We shall be having a closing down sale in August and we’ll all be here as normal until the shop finally closes at 5pm on Saturday, August 30.”