By The Leader staff
PAINTED POST - As a result of changes in the retail industry, Valu Home Centers is refocusing resources towards its online platform and Valu Home Center in Painted Post will be closing, according to Valu Home Centers president and CEO, Michael Ervolina, Jr.
Valu’s shift in strategy is similar to other regional and national retailers that are following changes in consumer buying habits where “buy online, pick up in store” is becoming more popular.
Valu is one of the region’s largest family owned retailers, officials said. Locations in Olean and Warren Pa., will also be closing.
“This was a difficult and emotional decision for our family because we have operated these stores for many years in communities that we have come to know and love.” Ervolina said. “And while our remaining 38 locations are strong, it was important to make this decision in order to keep our business healthy well into the future.”
Employees at the three stores were notified of the company’s plans and have been offered positions at any of the other 38 Valu stores.
“We have an amazing team at each of these locations, and we want to ensure that they have the opportunity to continue as part of the Valu family,” Ervolina said. “We are a strong family owned and operated company, headquartered in Buffalo, NY that carries zero debt.”
Ervolina said this is one of the key factors that has allowed us to remain successful for 51 years.
“We are excited for the future,” Ervolina said. “This move will allow us to invest in the many new programs and initiatives we are working on for 2020 and beyond.”
Recently, Valu launched a new and improved online format, and the company expects to expand their online product offering into the hundreds of thousands of items in the near future.
As part of the store closures, liquidation sales will start at 8 a.m. Monday, at each of
the three locations. All merchandise will be marked at 25 percent off. A final closing date has not been set.
About Valu Home Centers was founded in 1968 in Buffalo, by the Arena, Ervolina, and Amico families. Valu is a family owned and operated home improvement chain with a focus on customer service, and convenient locations directly in the communities they serve.
Please visit valuhomecenters.com for more information.