Paul’s Warehouse will close its stores in the coming months and reopen as outlet stores.
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That includes its Carlton store with closing down sale posters already covering windows.
The store announced they would close earlier this month in a statement on its website.
‘’After 30 years in retail we have decided to close down our business Paul’s Warehouse as we currently know it,’’ the statement said.
‘’The decision hasn’t been made lightly and is largely due to the ever changing nature of retail.
‘’We would sincerely like to thank all our loyal customers who have shopped with us over the many years that we have been trading and would also like to let you know about an exciting new retail concept called Pauls USA Direct Outlet that will soon be opening in all our stores once we have closed.’’
No timeframe has been given for the closures.
It has a five-year lease at the former Target site with the store selling US brands with a mix of clothing, bedding, swimwear and sportswear.
The company has been contacted for comment.