Campus Corner clothing store Harold’s has filed for bankruptcy after six decades in business.

The store first opened its doors on Boyd Street in 1948, and other stores subsequently spread across 18 other states.

All of these locations will be closing within the next three to four months.

Harold’s Chief Executive Officer Ron Staffieri said the store has instituted a major sale since filing for Chapter 11 bankruptcy on Friday.

“Our intent is to sell as much of our inventory as possible, but we are still exploring other alternatives,” Staffieri said.

One possible alternative, he said, is to sell the company.

“[That] would allow us to save the Harold name, which we certainly would like to do,” he said.

Amanda Clark, owner of Blush on Campus Corner, said she doesn’t expect her store to be influenced by Harold’s closing. She said she targets college students who are already on campus, and her business has grown since it opened.

“I don’t think that it will necessarily hurt my business, however, it may hurt Campus Corner more as a nostalgic kind of thing,” she said.

Harold’s is connected from the inside to Cafe Plaid, whose July expansion took over part of Harold’s space.

Cafe Plaid manager Jason Skeel said Harold’s closing will affect the cafe’s business, but not drastically.

“We share customers and we share business all the time. In a minor sense, I think that we do get shared customers, but I think that we might send more people over there than they send over here,” Skeel said.

During Harold’s 60 years of business in Norman, it has developed a strong loyal customer base. Many said they are sad to see the store go.

University College freshman Kelcie McCall said she has been shopping at Harold’s for several years and is familiar with the family who owns the store.

“It’s kind of sad just because I grew up in Norman, and it’s always been here. My parents shopped there since I was little,” McCall said.

McCall said she is planning on taking advantage of the sale at Harold’s before its official closing.

She said if Harold’s is bought, she hopes the owners are able to maintain a position within the store.

“At the end of the day, our biggest concern is our customers and our employees. We are trying to make this as painless as possible, but these are difficult times in retail,” Staffieri said, alluding to the major economic crisis that has plagued businesses across the nation.