QUEENS — The Rego Park Sears will close this spring after two decades in the neighborhood, the company announced.
The store at 9605 Queens Blvd., near the 63rd Drive subway station, was was deemed “unprofitable,” according to Sears Holdings, which also owns Kmart.
The Rego Park location, which has been one of the anchor stores at the Rego Center Mall since 1996, will be among 42 stores nationwide that will close this spring, the company said.
“Many of these stores have struggled with their financial performance for years and we have kept them open to maintain local jobs and in the hopes that they would turn around," the company said in a statement. "But in order to meet our objective of returning to profitability, we have to make tough decisions.”
Sources said the Rego Park store will close for good sometime in April.
Liquidation sales will begin as early as Jan. 6 at all closing Sears, the company said.
The company also said it's planning to close 108 Kmart locations nationwide.
A store locator map for Sears indicates, that the chain's only remaining locations in Queens will be Sears Auto Center in College Point and Sears Appliance Outlet Store in Queens Village.