The former Longaberger basker headquarters. (Photo: Barry Haynes/Wikimedia Commons)

Basket maker Longaberger Co. is closing: 5 things we learned today 

Longaberger Co., famous for its baskets, has gone out of business after years of decline.

The company sent a note to its sales consultants Friday saying “Longaberger, at this time, has ceased operations,” according to The Columbus Dispatch.

PHOTOS: Check out the Longaberger basket company through the years

Here are five things we know about the closure:

1. CEASED OPERATIONS 

The company sent a note to its sales consultants Friday saying “Longaberger, at this time, has ceased operations,” according to The Columbus Dispatch.

2. ECONOMIC HITS 

The Dispatch reported that Longaberger has been been hit with hard economic times and changing consumer tastes, falling into a slow decline for years from its peak when it had $1 billion in sales and nearly 8,000 employees.

3. NO FURTHER ORDERS 

The note told sales consultants to “please take action as soon as possible” in contacting credit-card companies and also advised against attempting to place any further orders.

4. LEAVING NEWARK 

A little under two years ago Longaberger left its famous basket-shaped headquarters building in Newark, east of Columbus, and late last year had moved 25 miles further east in Dresden.

 5. SUSPENDED TRADING 

The New York Stock Exchange suspended trading on the shares of Longaberger parent JRJR Networks, based in Dallas, less than a month ago.

Thank you for reading the Dayton Daily News and for supporting local journalism. Subscribers: log in for access to your daily ePaper and premium newsletters.

Thank you for supporting in-depth local journalism with your subscription to the Dayton Daily News. Get more news when you want it with email newsletters just for subscribers. Sign up here.

X