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Retail Roundup

Shopping and restaurant news from around the Duke City

Another Kmart to close in Albuquerque

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kmart2Kmarts continue to disappear in Albuquerque.

Just five months after the discount retailer closed a location in Albuquerque’s Northeast Heights, the chain confirmed Thursday it will shutter its store at 4208 Central SW.

The store — located at Central and Atrisco — will close in mid-May, a spokesman told the Journal.

It has been open since 1971.

A liquidation sale is scheduled to begin Feb. 23.

The move will leave Albuquerque with just one Kmart, at 2100 Carlisle NE. There is also a store in Rio Rancho. Those locations are not affected, according to spokesman Howard Riefs.

Riefs said in an email that the Central location is closing because the lease was not renewed.

“Store closures are part of a series of actions we’re taking to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model. These actions will better enable us to focus our investments on serving our customers and members through integrated retail – at the store, online and in the home,” he said.

The store employs 80 people. Riefs said those who are eligible will receive severance and be given the opportunity to apply for openings at other Sears and Kmart locations.

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