"There's enough merchandise to carry through January, even with everything being 50-percent off," says Hollywood Regency's Michael Todd Robertson, who declined to say why the store will close once its contents are exhausted.
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Robertson opened the shop in 2006 with Owens, who died on June 6 of this year following a longtime illness.
Hollywood Regency, located at Zinnias at Melrose Mall, 724 West Indian School Road, is currently open Fridays, Saturdays, and Sundays, 11 to 5.