The Fairhaven True Value Hardware will begin a retirement closing sale on Thursday, the company announced Monday.

After 62 years, the store at 23 Popes Island is closing as owners Bob and Mike Chandler are retiring. The 22,500-square-foot building has been listed for sale or lease.

The store is a third-generation, family-owned business. The Chandler family purchased the business in 1956.

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