Although we’re all saddened by the decision to close our doors, we are sincerely grateful for the generations of loyal customers. I urge everyone to come to our stores to take advantage of the amazing values you have come to expect from us over the years.
Wood Dale, IL (PRWEB) August 26, 2017
After 75 years in business, Brennan’s Market, a specialty grocer in Wisconsin, is closing all five of its locations beginning August 25. HYPERAMS, LLC, a retail advisory and liquidation firm, is assisting the company with the store closing sale.
The stores, which are located in Madison, Brookfield, Monroe, and Oconomowoc, Wisconsin, feature a wide variety of specialty grocery products, produce, and cheese, as well as wine, beer, and spirits. HYPERAMS President Tom Pabst noted that customers can expect to find discounts and deals while supplies last throughout the sale term.
“There is an incredible assortment of premium produce, Wisconsin cheeses, and specialty products available for sale at all Brennan’s Market locations,” said Pabst. “With opening discounts up to 30% off retail prices in certain categories, we’re anticipating high customer volume throughout the sale period.” Pabst noted that customers interested in any of the company’s specialty Wisconsin cheeses, exclusive wines, or other products should act fast as many of these items are anticipated to sell-out quickly.
Despite a loyal customer base, Brennan’s Market has struggled against rising competition from big box grocers since the 2008 recession. Although customers have continued to support the five-location specialty grocer over the years, transactions have been smaller and, ultimately, unsustainable, especially as many consumers now prefer the convenience of “one-stop-shop” supermarkets.
“Although we’re all saddened by the decision to close our doors, we are sincerely grateful for the generations of loyal customers and our incredible partners,” said Brennan’s Market Owner and General Manager Tim Culhane. “I urge of all of our customers to come to our stores to take advantage of the amazing values on the quality products you have come to expect from us over the years.” In an effort to commend its employees for their years of hard work and dedication to the community, Culhane noted that the company is planning to assist its 150 full- and part-time staff members with job placement support.
About HYPERAMS, LLC
HYPERAMS is a full-service auction, appraisal, retail advisory and liquidation, and reverse logistics firm. The Company specializes in assisting both distressed and healthy companies manage surplus assets by providing clients with a complete asset disposition strategy. The Asset Disposition division focuses on investing in excess assets and conducting live and webcast auctions. The Appraisal division provides valuations of machinery, equipment, and inventory in most industry verticals. Since its inception, HYPERAMS has performed hundreds of appraisals, auctions, and store closings on behalf of financial institutions, restructuring/turnaround professionals, private equity firms, as well as business owners.