Harlow-based menswear independent Glanville is to close its final two stores after 35 years of trading, after high rent made its flagship store unprofitable.
The designer menswear business was hit by tough trading after it was forced to relocate its 900sq ft shop in Harlow, Essex, from the high street in the Westgate area to make way for a redevelopment that will be anchored by Debenhams.
The retailer also has a shop in Ipswich in Suffolk, but closed its Bury St Edmunds store in December.
Its Harlow store moved to the Harvey shopping centre in 2004, but footfall and sales dropped dramatically. Manager Frank Raven said: "We were in Westgate for 35 years. We were given notice to quit when the lease came up for renewal and moved to the Harvey centre. We're a designer business selling Paul Smith London, Hugo Boss and Armani Jeans, and we don't have the right neighbours in the shopping centre - it's retailers such as Marks & Spencer, Bhs and Primark.
"The rent here is also 50% more than at the old site. It's a shame because the redevelopment still hasn't got under way. The Harlow store had a bigger turnover than the other two stores put together, so it just isn't worth carrying on."
The Harlow store is scheduled to close in March. The Ipswich shop will shut later this spring.