BROOKLYN - A popular store that offers big savings on designer clothes is going out of business.

Daffy's Inc. will be shutting down its locations over the next few months, including its Atlantic Terminal store on Flatbush Avenue. About 1,300 employees will be affected.

Daffy's has not yet determined a date for its final liquidation, but says all associates will remain employed, and receive pay and benefits for at least 60 days.