TWO family-run Glasgow shops are closing their doors.

Jewellery retailers A. Jacobson and Co in the Merchant City, and student-favourite Eurasia Crafts in Kelvinbridge have both suffered in the credit crunch.

Eurasia is run by Aslam Wali, 50, who called it a "sad situation."

His dad Mohamed Wali, 80, started the shop in Great Western Road in 1971. It moved to its current spot in 1978.

Aslam, from Milngavie said: "We did mega- business here but somehow with the credit crunch and the internet it's changing. It's uneconomical.

"It's like an institution. We have customers whose children and grandchildren come in.

"One lady who was ill told her sister she wanted to be buried in clothes from Eurasia - and when she died her sister came in and told us, and we gave her them.

"I have other businesses but this one is really special."

Aslam's other branch of Eurasia Crafts in Queen Street will remain open.

Another business owner preparing to say goodbye to customers is Harry Jacobson, 51, who along with business partner Claire Green, 41, runs the Jacobson shop in Brunswick Street.

However, they are planning to concentrate on the trade-only part of the business, importing jewellery and supplying shops around the UK.

Harry's great grandfather Abraham Jacobson started the business from a wheelbarrow in 1874.

At the end of the 19th century it moved to a shop in Miller Street, and 20 years ago opened in Brunswick Street.

Harry said: "We are closing the showroom and are going to move out of Glasgow into a trade-only business.

"We have found we are not retailers and we can possibly make more money from renting out the building. The recession's not helping."

Harry's father Arthur and uncle Sydney, both in their 80s, still help out with the business.

Glasgow's Buchanan Street is also losing familiar names. Interiors store Au Naturale is shutting its shop in the street. The Early Learning Centre and Dorothy Perkins have already moved out of Buchanan Street.