The shop in Cunningsburgh is closing after generations of being in business.
Owner Jane Leask has made the decision to shut North Bridge Stores after experiencing a drop in trade.
She has run the shop for the last seven years.
The sharp decline follows the continuing popularity of the Tesco supermarket in Lerwick and the end of petrol sales in the village three years ago.
Mrs Leask was too upset to speak, however she did say she expected to keep the shop open until Sunday for the sale of Sunday papers.
The decision to close means Cunningsburgh will be left with no convenience store. Decades ago the village hosted no fewer than four shops.
One Cunningsburgh resident, Jim Nicolson, said: “The rural communities are dying in Shetland, in spite of councils past and present over the years saying that we have to keep them alive.”