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More retail closures include New Mexico stores

Kasia Gregorczyk
June 13, 2017 07:01 PM

ALBUQUERQUE, N.M. -- It seems like every week reports emerge about yet another store shutting its doors. This week, it's a company that owns multiple stores in Albuquerque area.

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Ascena Retail Group, which owns stores like Lane Bryant and Ann Taylor, announced it would be closing up to 657 location in the next two years.

“I'm kind of worried because I’d rather buy from a store than online because you can try things on," said shopper Ofelia De La Torre-Echols. "Online you have to ship them back if things don't fit."

Sears, Macy's and J.C. Penney are just a few of the big box stores shutting their doors across the nation and right here at home in New Mexico. Those closings are spreading to smaller retailers as well.

An empty construction zone sits where the Loft in Albuquerque's Uptown once did. The retailer already shut its doors, but another store is getting ready to move in. Luckily for shoppers, a second location near Academy and Wyoming will remain open.

Sister store Ann Taylor reports it has just one month left in uptown before closing on July 15.

Good news for Michael Kors in Uptown, which was rumored to be closing. Employees there confirm the Albuquerque location will not be one of 100 stores closing nationwide in the next two years.

Another store with two locations in Albuquerque reporting not-so-great news is Gymboree. The company plans to shut down 450 stores nationwide, though a representative could not tell us whether any local stores will be affected.

It's positive news for another two stores under the Ascena Retail Group, both Dress Barn on Montgomery and Justice in Coronado Mall will be remaining open.

Credits

Kasia Gregorczyk

Copyright 2017 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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