Retailing

Lighting shop will go dark

Staff WriterFebruary 25, 2011 

Sometimes it's the connections between industries that can make or break a business, and such is the case with Raleigh's Lighting Inc.

After 61 years in business on Peace Street in Raleigh, owner Wink Montague is closing shop.

The decline in housing construction locally was finally too much to bear.

"The homebuilding sales were probably 90 percent of what we did," he said. "And they're just not building."

So, Montague said, he's pulling the plug on the business at 500 W. Peace St.

The company, which was started by his father, Fred, has never moved.

Montague said that he has worked in the family business himself since 1965.

"It's taken about three or four years to get enough courage up to close it down," he said. "But I can't just put any more money in it."

Lighting Inc. is having a clearance sale with all items at 30 percent off.

Montague said he's not sure when exactly the store will close, but he expects it to be in the next two months.

After it closes, Montague said, he'll probably try to make a living repairing and restoring lighting fixtures.

"I've been here my whole life," he said.

With folks continuing to watch their money closely, it's no surprise that companies like Ollie's Bargain Outlet continue to expand.

Ollie's sells surplus, salvage and closeout merchandise at discount prices.

The company opened its first Triangle location in March 2009 and is preparing to open a second in Durham's Willowdaile shopping center at Guess and Horton roads.

Ollie's will take the spot that used to be occupied by Harris Teeter, before the grocer opened a brand-new store directly across Horton Road.

A company spokeswoman said Ollie's Bargain Outlet is tentatively scheduled to open in late June.

In Wake Forest, the new Harris Teeter store opened Wednesday at 13686 Capital Blvd. ... Also in Wake Forest, the Texas Steakhouse & Saloon restaurant closed this week. The company said the restaurant did not meet long-term business expectations. There are still 26 Texas Steakhouse locations in North Carolina, Virginia and West Virginia, including in Morrisville, Smithfield, Wilson and Rocky Mount.

After five years at the Lassiter at North Hills in Raleigh, J. Alane's Fine Lingerie has relocated to Cary. Tim Hendricks, who owns the shop with his wife, Julie, said the new store is larger and allows them to better serve their growing Triangle customer base. The new store is in the Arboretum, at Harrison Avenue and Weston Parkway. The address is 2065 Renaissance Park Place.

And finally, the Rita'sWater Ice stores in Cary, Raleigh and Durham will reopen today at noon after their annual winter hiatus.

sue.stock@newsobserver.com, 919-829-4649 or takingstock.newsobserver.com

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