Closet Exchange, a consignment business with four shops in Needham along Great Plain Avenue, will soon be opening a location at 30 Grove St., in Wellesley, replacing the Turnabout Shoppe. “We are so excited about it and expect to be open in October!”, Closet Exchange relayed via Twitter.

The Turnabout Shoppe is closing this month after 25 years of dressing the fashionably turned out.

Closet Exchange, which opened its first store in 1992, is owned by the mother-and-daughter team of Brenda and Maggie Stark. Their shops specialize in the resale of women’s clothing and other fashion items, and promise new merchandise daily priced 60% to 80% off original retail prices. Chanel, Gucci, Coach and other brands can be had.

Closet Exchange has specific requirements for what it will accept for consignment, including only current season clothing and accessories.