The Kmart store at 1001 Patton Ave. in West Asheville is closing by the end of the year, an announcement that came with corporate owner Sears’ bankruptcy filing on Monday.
Another key tenant of the Kmart shopping center, Sun Soo Martial Arts, has also told its membership that it will be moving at the end of the year. Sun Soo plans to relocated to the River Ridge shopping center in east Asheville.
Sears, a giant of a retailer for decades, has been struggling. Sears closed its nearly 46-year-old store at the Asheville Mall in July. A plan to redevelop the Sears location at the mall into new retail space, a movie theater and add apartment buildings is working its way through the city’s development bureaucracy.
Word on the street is that Publix grocery store is already eyeing the Patton Avenue spot as a new location for one of its grocery stores. Rumors have also swirled for years regarding the redevelopment of the former tire center that sits on the edge of the Kmart parking lot closest to Patton Avenue. The talk was that the site might be remade into a restaurant, such as a Golden Corral.
We’ll see what happens.