The Exchange Consignment Store Closing with 75 Percent Off Sale July 31 and Aug. 1

After more than 20 years in business The Exchange, Upscale Consignment Clothing & Home Décor in historic downtown Lake Wales is going out of business.

The store will be holding a final clearance sale from 10 a.m. to 4 p.m. July 31 and Aug. 1 with everything 75 percent off the marked price. The store, located at 130 E. Stuart Ave., will only be accepting cash or checks. All customers will be required to wear masks.

The flyer distributed by owner Nancy Kostelic and her daughter, Deb Jackson True, says the store still has a large assortment of name brand clothing, including evening wear, purses, hats, costume jewelry, scarves and shoes.

"It is with great sadness that we are announcing The Exchange will be permanently closing our doors," Kostelic and True wrote in her first store closing announcement, which also thanked customers who had supported the store over the years. "Despite our best efforts, it has become clear that we will not be able to continue to operate in these difficult and trying times."

The store's retail store displays also will be sold, including: clothing racks, H racks, folding racks, 4-way and 2-way racks, hat stands, purse racks, display accessories, room divider, jewelry displays, card holders, display lights, swimsuit holders, adjustable mannequins, hangers, & other assorted wall displays. Office equipment on sale includes cash registers, typewriters, show cases, check out counters, desktop and laptop computers, credit card processors, convex mirror, filing cabinets, clothing tagging machine, mini safe, assorted office supplies and walkie talkies.

Household items for sale include bedding, pillows, tablecloths, kitchen items, a mini fridge, microwave, clothing st4eamer, candles, books, DVDs, CDs, coffee table and end tables.

All items are being sold as is and must be removed by the end of the sale. Customers should bring their own help for removing large items.

"We are forever grateful to our many wonderful customers, consignors and the close relationship we made over the years," the owners wrote. "This truly has been a remarkable journey but unfortunately, it is the time when good things must come to an end."