A series of closures have hit the Crystal shops chain, including the end of the day and Christmas sales, as the company tries to make a comeback.
A spokesperson for the chain told ESPN Crikey that it was closing the store in the city’s CBD on Wednesday and would reopen on Thursday morning.
The spokesperson said the stores had been forced to close because of the increased levels of flooding in the area.
It is understood some of the shops are closing for the day but other shops will be open for a brief period of time.
The store closure comes after the Australian Securities and Investments Commission (ASIC) said it would investigate whether the company breached a scheme whereby it would lend money to customers and then sell them the merchandise in return.
The ASIC’s inquiry was set up in May to investigate allegations the retailer sold a limited number of items for up to $2,500.
In a statement, the company said it was working to identify customers who had been affected by the closure and had notified them of the change.
The ABC has contacted Crystal for comment.