More than 130,000 items will go on sale as Palmers Department Store in Great Yarmouth holds a £2m stock clearance event.

There will be ranges of stock from all of Palmers other stores –Lowestoft, Dereham and two in Bury St Edmunds, gathered together in the Market Place store on Wednesday, August 6.

The store will be opening at 8.30am on the first day of the massive stock clearance sale and remain open until 6.30pm, reverting to normal trading times from the next day.

Managing director David Howard said: “Following a mid-year stocktake taken in all Palmers stores we have identified over £2m of stock which needs to be cleared to make way for our new autumn ranges. Discontinued stock from all of Palmers five stores will be available to purchase in our Great Yarmouth store with savings of up to 70pc off.”

The clearance sale will cover accessories, beds, carpets, cookshop, curtains, electrical, fashions, furniture, glassware, handbags, lighting, linens, lingerie, luggage, menswear, shoes and tableware.

The store will be closing at 4pm on Monday and all day Tuesday to prepare for the event.

Mr Howard added: We have a commitment to Great Yarmouth and to the town centre. We last held a clearance event in the month of February but this time we have chosen summer to treat local people and holidaymakers.”

Among the fashions in the clearance will be the labels Joules, Quiz, Esprit, Sea Salt and Weird Fish; while a Kitchen Aid food processor will be half price, a 50-piece canteen of cutlery 75pc off, and ready made curtains 70pc off.

Mr Howard said: “There is £400,000 of furniture to clear, top ranges including Sherborne with up to 60pc off.”

People can email reception@palmerstores.com to ask for an invitation to the clearance event which could save customers an extra 10pc on some goods on the first two days of the clearance.