WILKES-BARRE, Pa.—A family-owned furniture store in northeastern Pennsylvania is closing its doors after more than 100 years in business.

Kaplan's Furniture third-generation owner David Mayers, whose wife is the granddaughter of founder Abe Kaplan, says the time has come to close the Wilkes-Barre store.

He says profit margins keep shrinking and his two sons don't want to take over the business.

Mayers expects the store will close in March.