On May 8th Phillip's Book Store and Office Supplies in downtown Bozeman celebrated it's 115th anniversary.

"The store was started in 1897 by Sherman Phillips and he was a partner with A.M. Ryan who was the president of the university at the time. A.M. Ryan was kind of the money behind it, Mr. Phillips ran the business," said current owner Rick Radovich.

In 1937 Rick's father-in-law started working at Phillips, and eventually took over, running it until he retired 2005.

Rick himself has been at the store for more than 30 years.

He says changing times are behind the decision to shut the doors.

"Business has changed, people just shop differently. Whether they go to the big box stores, whether they shop online," Radovich said. 

He says with the world going electronic, it's hard for a business like Phillips to compete. People rarely buy stationary or other paper products, and businesses typically don't last decades, let alone a century.

"Businesses come and go and most people don't have the 'stick-to-it-iveness' to stay with it and weather hard times. And this business has been really resilient in doing that," said Radovich.

Throughout it's history it's sold many different things to many different people. At one time it was one of the only businesses in Bozeman.

"It had sold everything from china to draperies to tobacco products to sporting goods. You have it, we sold it. Because you could do that back then, you almost had to do that and there weren't that many stores here," Radovich said.

In 1997, then President Bill Clinton sent Phillips a hand signed letter congratulating them on 100 years. 15 years later they're looking back, but also forward.

"Lots of history here, lots of longevity here but personally, I'm ready to move on and do something different," said Radovich.

Phillips plans to close its doors by the end of July.