CAMDEN'S St Vincent de Paul Society's store will close at the end of this month, a spokeswoman confirmed on Monday.
``The centre has been failing to make a profit, or even break even, for some time now,'' she said.
``It is costing the society money, which, as a charity, we simply cannot afford to continue to lose this is money that will be better used assisting the disadvantaged in the area.''
She said they were not alone as there were 22 empty premises from the top of Argyle Street to the Target building in Camden, as reported in the Camden Advertiser last month.
``The Camden store is a retail centre only, and unlike many other of our centres, is not one from where welfare assistance is provided,'' the spokeswoman said.
``None of our clients will be affected by the closure, and welfare assistance will continue to be provided by other Vinnies centres.''
She said the decision was final and thanked the volunteers for their help during the past three years.
When contacted by the Camden Advertiser, day co-ordinator Terry White said he was sad to see the shop going.
``And so are a lot of people,'' said Mr White, who has been day co-ordinator since the shop moved from John Street two years ago. He said it should definitely stay open.
``Parts of Camden are affluent but there are also parts not so affluent that need us,'' he said.
``It has cheaper clothing for those sort of people and toys and that sort of thing for kids.''