The Smiths City Hastings store is the latest Covid-19 casualty in the city, with details of what's to fill the now vacant space on St Aubyn St East yet to be announced.
In October last year it was announced at least seven of Smiths City 29 stores would close, following a strategic review.
Smiths City managing director Tony Allison said the Hastings store was one of those looked at which "didn't work".
"Covid-19 was the whole background around the receivership.
"I don't like closing it - it doesn't work but that doesn't mean we won't be back."