The Times They Are a-Changin’ for Stats

Stats Floral Supply in Pasadena is best known as “the Christmas store.” – Courtesy Photo

Stats Floral Supply, best known as the iconic Christmas store, is downsizing. Owner Damon Stathatos said “with great remorse” Sunday that his family’s iconic five-decades-old Pasadena business is liquidating its inventory and much of its physical assets and “will close down sometime in the next several months.”

The website Pasadena Now said the closing results from economic factors as well as “the unending and rapidly changing retail environment,” according to Stathatos.

“It had been my vision to continue to add many new ‘shoppes,’ shrinking the main Stats business … but leaving enough to continue its tradition of over 54 years,” Stathatos said, “However, we have run out of time and more importantly financing to continue to do this.”

“Fishbecks, our patio furniture store located next door, will remain unchanged,” Stathatos said.

Stathatos said he hopes to convert the roomy Stats building in a kind of Pasadena “Central Market” where outside vendors with unique concepts can lease area kiosks to create an attractive mix of product and activities within the main Stats building.

“If we are able to reopen under this new ‘Shoppes at Stats’ concept we will retain a certain amount of space for a reformulated Stats … more of a boutique version in the north end of the buildings,” he said.

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