"We can confirm that the Factorie Goulburn store will close early August. As always, we continue to look at ways to improve our store footprint across the markets we operate in to better serve our customers in locations and across channels that work for them," the spokesperson of the company said.

"We value the incredible contribution our team members have made to Factorie in the local community. Our team members remain our number one priority and we're working closely with them to identify opportunities for their redeployment within the business," the spokesperson added.

The Goulburn store, which has five team members, is all set to close the doors on August 11.

The management and staff at the Goulburn Factorie outlet thanked the community for the support over the past years.

They also made the announcement about the closure of the outlet in a post on social media informing the community about the decision.

In the last six months, several other businesses have made a similar decision to close down their stores in Goulburn.

Earlier this month, Harris Scarfe made the decision to close their Goulburn store.

The store has nine team members.

"Harris Scarfe have made the difficult decision not to renew our lease of the Goulburn store, with the final day of trade on September 22, 2019," the spokesperson had said.

Prior to that, men's clothing chain Ed Harry made the announcement in February this year about their decision to close the store in the Goulburn Square.

Mayor Bob Kirk said that he is disappointed to hear of the closure of these stores.

"I hope the employees of these stores are able to find work quickly after the closures. Our June CBD Occupancy Audit, prior to these closures, showed vacancy within the CBD of only 9% of stores, which is a significant improvement on the average over the past four years which is 11%," he said.

He further said that council continues to invest money in the CBD to make it a brilliant community space.

"We ensures business owners have a direct contact in Council to assist with all matters to establish a business in this region; while Council also is prepared to look at subsidies for larger businesses to make Goulburn an attractive place to invest. We support owners of commercial property through funding for maintenance and painting of heritage buildings within the CBD through the Heritage Grants Program," he added.

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