112 Years of Business And Still Closing

M&P O'Sullivan Ltd., a family-owned business in Cork, Ireland, has closed its retail tobacco shop that had been in operation for more than 100 years, according to an Irish Times story relayed by the TMA. James O'Sullivan, a joint director of the business, said he regretted having to close the family's last remaining tobacco shop. "It is the end of an era really because my grandfather started the business in 1905," he was quoted as saying. O'Sullivan attributed the closure, with the loss of two jobs, to increasing tobacco regulations and to declining sales as a result of tax increases and the economic downturn. Enditem