Wal-Mart Shutting Down Capital Region Area Store
Wal-Mart is shutting down a store in the Capital Region.
According to dailygazette.com, the Wal-Mart Neighborhood Market on State Street in Niskayuna is shutting down just over three years after it opened. Company spokesman Phillip Keene said that lack of profit was a reason for the closing, in an announcement on Monday. Clearance sales are scheduled to begin within the week and the store could be closed by the end of May. The last day will be no later than June 9 while the pharmacy will remain open until at least May 30. The store opened in Nov. 2013 and already had competition from various big name supermarkets nearby like Price Chopper, Hannaford, and Shop Rite, along with a Target which also carries groceries. The roughly 100 workers will be able to seek employment at other Wal-Mart stores said the spokesman.
Will this closing affect you? Did you shop at the Wal-Mart Neighborhood Market? Feel free to comment below.