Owners Vickie and Tom said in January they hoped to find someone else to take over the shop on Station Road.
Treasury Minister Dr Alex Allinson was giving evidence to a select committee when he was asked about the future of the former flagship.
The festival will be held on the evenings of Friday May 31, Saturday June 1, Sunday June 2, and Monday June 3.
Thomas Davies, better known online as GeoWizard, raced Archie and Adam Fieldhouse across the island in December last year.
An evening of music, food and a splash or two of drink has raised over £1,000 for the RNLI.
Port Erin will be the next Shoprite to close ahead of reopening as a Tesco store later in the year. Image: Google maps
Sam will launch at Foraging Vintners on March 15 and at the Cosy Nook on March 28.
Noa has been added to Tesco's range of Manx produce, with Ross Bakery joining EVF's own range of Isle of Man foods.
The RNLI has partnered with Visit Isle of Man to create a trail map highlighting the island’s role as the birthplace of the charity.
The RNLI was created 200 years ago today as the National Institution for the Preservation of Life from Shipwreck by Sir William Hillary
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