Black Friday will be bittersweet for employees and customers of Alco Stores this week as the 113-year-old discount retailer prepares to close all of its 198 locations in 23 states.

The Coppell, Texas-based retailer has nine locations in Oklahoma: one each in Shattuck, Fairview, Watonga, Cordell, Frederick, Pawhuska, Cherokee, Wilburton and Talihina.

All the stores nationwide on Friday will begin going-out-of-business sales. The company said it plans to sell more than $260 million in inventory, fixtures and equipment over the next few weeks.

“We are very sad to see Alco leave our local community,” Brian Underwood, manager of Alco’s store in Watonga, told The Oklahoman on Wednesday. “Our community has been very good to us. We thank them for their patronage over the years. We still have six to eight weeks of solid business left, and we look forward to seeing them multiple times.