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Eve and Renshaw, one of the UK”s oldest department stores, has announced it will cease trading after 240 years of operation.
The family-run business confirmed that its last day of trading will be 4 March 2023, while its online shop will close on 30 January.
It comes as the business said it has faced “challenging times” amid lockdown closures, rising costs and the current cost of living crisis.
In a statement, it said: “It is with a heavy heart that we close after 240 years of service in Louth. We are immensely proud of our shop and its heritage. In recent years we have faced some challenging times with changes in customer shopping habits, lockdown closures, rising business costs and the current cost of living crisis. Regrettably, it has now reached a point where the department store is no longer viable.
“We would like to thank all our customers for your business over the years. Eve and Ranshaw could not have been as successful as it was without your support and loyalty. Thank you for being with our shop in all its ups and downs.”
It added: “Our heartfelt thanks also go to our dedicated shop team, some of whom have served the business for decades. We thank them for their commitment, loyalty and excellent customer service over the years. Please show them consideration and support through this difficult time.
“We hope that you and your family and friends will visit us in the last weeks before we close. Our sale continues with large discounts, which we invite you to take advantage of. Please also spend your gift cards and loyalty points as soon as possible before we close. We look forward to seeing you in the shop and bid our final goodbyes.”
