Apparently it's less the economy and more just the
passage of time:
Cheap Thrills opened in the late 1960s; Smith started working as a clerk in 1988. He purchased the store a few years later.
After nearly a quarter century at the store, and at 69 years of age, Smith is ready to retire. A string of deaths in his family and some health issues prompted the decision.
...Today, Smith will mark merchandise down by 50 to 75 percent.
...Smith, meanwhile, is planning vacations to Hawaii and Greece. Once recharged, he said he's considering opening a new store nearby that doubles as a club.
"At 6 p.m. the store will close, and then at 9 p.m. it will be a music venue with rock 'n' roll, blues and jazz," he said. "I'm going to dress (the musicians) in my clothing, and the crowd will see the clothes and want to buy them the next day. See, it's not over for me."
Apparently it's less the economy and more just the passage of time: 
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