Century-old hardware store to close in New Jersey

True Value member Point Hardware and Gifts, of Point Pleasant Beach, N.J., will be closing its doors by the end of the year, according to the Asbury Park Press.

Owner Bob Wehner has owned the Jersey Shore hardware store for 20 years, but the location of the store has housed hardware retailers for more than a century, according to the article.

Wehner cited the slow economy as the reason for shuttering.