Everything must go, including the store.

North Huntingdon retail staple World of Values is closing its store in the Norwin Hills shopping center. Owner Barry Mascowitz said the World of Values locations in Greensburg and White Oak will remain open and that the company hopes to find a new location in North Huntingdon.

Mascowitz said the store had been in lease negotiations for months with Lamar Companies, which purchased Norwin Hills last May. World of Values had a lease with the prior owner, but when that expired Lamar Companies gave the store a month-to-month lease while the two sides attempted to negotiate a longer agreement.

World of Values does most of its business over the holiday season. Mascowitz said he orders the December inventory in August.

"I can't run a month-to-month and come August have them say, "Here's your 60 days,'" he said.

While Lamar had offered a few longer lease proposals, Mascowitz said none of them was financially feasible for his company.

Phil Schneider, Lamar's vice president of asset management, said the problem was that World of Values could not afford the going rental rate, and Lamar could not afford to offer it the lower rate it had previously.

"They're not willing to pay that market rate," said Schneider, who added the lease his company offered is comparable to leases offered at other buildings in North Huntingdon.

Schneider said the departure of World of Values was unfortunate, but Lamar had to focus on adding value to its property by seeking out tenants willing to pay the market rate. Schneider said Lamar already has lined up two large tenants for the center -- one retail store and one medical facility -- and the company is looking for something to replace World of Values.

The Norwin Hills store will not officially close for two to three months.

World of Values has been in the Norwin Hill shopping center since the center's construction in 1980. It was the first World of Values location, and Mascowitz said it was hard to leave the place where the business was founded.

"We want to be here and we're not real excited about leaving," Mascowitz said.