Respected Mitre 10 owner calls it a day
WELL respected hardware retailer Ted Bailey has decided to hang up his hammer.
After 50 years' service to the Coffs Harbour building and DIY industry Ted and wife Judy are planning their well-deserved retirement.
The Bailey's business started in 1946 when Ted's dad Bill started a plumbing store in Market St.
The business thrived and expanded into hardware and in 1969 the Bailey's joined the Mitre 10 family.
Ted started in the family business as a junior in 1965, and less than 10 years later, in 1974, he took over the management of the store.
Baileys Mitre 10 has been in a number of locations in Coffs Harbour over the years with the move to the current location in Orlando St occurring two years ago.
Ted and Judy's retirement certainly doesn't mean the end for Coffs Harbour Mitre 10 or the end of their legacy. The business has been sold to another long-term Mitre 10 family, the Petries, who took over the helm of the Coffs Harbour store last week.
"Judy and I would like to thank our many valued and loyal customers and friends who have supported us over the past 50 years," Ted said.
"Judy and I are looking forward to retirement, and Michael will continue to run his own business, Radiance Insulation Services.
"We urge our customers to get behind the Petrie family in their endeavours to provide a strong, local and independent hardware and trade centre for the Coffs Coast," he said.
The Petries have been part of the Mitre 10 family since 1979 when Mal Petrie was appointed as the general manager of Loneragan's Mitre 10 in Mudgee.
Petries Mitre 10 was born in 1986 when Mal purchased the Mudgee store.
Still a fiercely independent, family owned and operated business, Petries Mitre 10 is headed up by Phillip and Annette Petrie and Mike and Annette Fergus.
Petries has grown to eight stores across regional NSW, with five stores in the Central West and three stores on the North Coast. Petries continue to strive to achieve the same important goal Mal established, which is to deliver great customer service and build strong relationships with its customers.
Petries are thrilled the staff from Baileys Mitre 10 will be staying with the store. There will be a new face heading up the Petries Mitre 10 Coffs Harbour store, as Nathan Valentic has taken on the role of store manager.
Nathan and his family have moved from Bathurst to Coffs Harbour for this opportunity.
Nathan has worked for Petries for over 10 years, he started at the Bathurst store in 2004 as a truck driver and worked his way up, in a busy trade yard, to head up the Bathurst trade hub.