HIGH running costs and slow trade have forced a Warwick CBD shop to close its doors.

Beads of Ambrosia will close next Sunday, July 31 after nearly five years in existence.

Owner Leah Kelly said she made the decision for two reasons.

“It’s because of the higher overheads, which I expect to rise even more,” she said.

“Things have also been very quiet. Beading and craft are considered a luxury when people are watching what they’re spending.”

Ms Kelly said business hadn’t quite picked up after the floods, but said she would continue her business through other means.

“I’m just coming at it from a different angle and going back to doing it at home like I did originally,” she said.

“I’ll have a website and hire a hall here and in Stanthorpe once a month,” she said.

Next week the shop is having a 50% off sale to move the product and Ms Kelly will open for the next two Sundays while Jumpers and Jazz is on.

Stock will be available to purchase at www.beadsofambrosia.com.

Meanwhile, at the centre of town, the RSL is still finalising designs for its extension.

Manager Jo Schwenke said the design options would be discussed in a committee meeting next week, and the club would advertise for tenders as soon as it could.

In other retail news, Masters has said it has “no specific plans” to open a home improvement store in Warwick “at this time”.

A spokesman for the company which is owned by Woolworths Ltd, told the Daily News they were always keeping eyes and minds open about possible future locations, and didn’t want to respond to hearsay.

“When there are any specific plans to set up in a town that we can disclose, we are happy to do that. However, we are unable to comment on rumours,” he said.

Meanwhile, despite numerous attempts, the Coffee Club has not yet advised the Daily News as to whether the company is looking to open up in Warwick.

Rumours have it the company has been looking for highway frontage, as opposed the former Palms on Palmerin eatery as was previously thought.