Another five Whanganui people will soon join the queue of those looking for work with Postie Plus confirming it is closing its city store on April 24.
The cut-price clothing store here is one of more than 80 shops around the country and started trading from premises in Trafalgar Square.
On July 2004 it moved into a new building on Victoria Ave that developer C J Efstratiou had built on the site left vacant after demolition of the old DIC department store.
A company spokeswoman said the closure would mean five staff would be made redundant.
"Unfortunately, given the location and proximity to other stores, Postie Plus are unable to offer alternative employment opportunities," she said.
The spokeswoman said the chain had been looking for alternative sites in Whanganui that were smaller and better located, but hadn't found one.
In 2005 the building won the award for commercial building of the year in the Wanganui Registered Master Builders House of the Year awards.
The pending closure of the Whanganui store comes when Postie Plus is going through a relaunch this week, offering a new pricing model based on affordability rather than retail margin.
Postie Plus was bought out of voluntary administration by global retailer Pepkor two years ago.