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FULTON, Ill. — Words of Wisdom Christian Bookstore is closing its doors later this year after 24 years under current ownership and 45 years in the Fulton community.

Current store owners Shelley Baker and Bethany Jordan announced Words of Wisdom is closing its doors due to the current economic climate. Baker said business is usually slow in the summer months but picks up in September. She said when business did not pick up in September, Baker and Jordan made the decision to close the store for economic reasons. The store is expected to close in late October or early November, Baker said.

Words of Wisdom started its going-out-of-business sale Sept. 23, with 20 percent off the lowest marked price for every retail item storewide. Items are now at 25 percent off, Baker said Wednesday. The store will also be selling fixtures, such as displays, shelving, file cabinets and furniture.

Words of Wisdom began over 40 years ago in the home of Fulton resident Linda Balk. Balk operated the little bookstore for three years until her family moved to the country and she sold her inventory to Tad Mitchell. Mitchell founded the store as Words of Wisdom in 1977. He owned the store for 13 years. The store, under Mitchell’s ownership, relocated to 1114 Fourth St., in Fulton. The store relocated a few years later to 1004 Fourth St., in Fulton. Mitchell moved out of Fulton in 1981, at which time his parents Dave and Jane Mitchell ran the store until 1990, when it was sold to Cheryl Green.

Baker and Jordan bought the business in 1995. The store in two years outgrew the building and was moved to 1021 Fourth St., in Fulton.