Here is the definitive guide to the major store closures confirmed for New Mexico in 2026.
1. The Pharmacy Loss: Walgreens
The Headline: Albuquerque and Los Lunas lose neighborhood locations. Locations: Albuquerque and Los Lunas (Specific units pending).
The most immediate confirmed cuts for 2026 come from Walgreens. As part of the Deerfield-based chain’s plan to close roughly 1,200 stores nationwide, New Mexico has been explicitly named in the early 2026 closure wave.
- The Details: Locations in Albuquerque and Los Lunas have been flagged for closure. The company is targeting stores that are effectively “cannibalizing” each other (located too close together) or those with lower profitability.
- The Impact: This creates potential “pharmacy deserts” in parts of Valencia County, forcing residents to travel further or switch to competitors like CVS or Smith’s for their prescriptions.
2. The Discount Fallout: Big Lots
The Headline: The bankruptcy “clean sweep” hits the Duke City. Locations: Albuquerque (Coors Blvd NW, Montgomery Blvd NE).
Following its bankruptcy proceedings, Big Lots is aggressively shrinking its footprint in the Southwest.
- The Closures: Two major Albuquerque locations—465 Coors Blvd NW and 9500 Montgomery Blvd NE—were identified in the closure filings.
- The Status: These 30,000-square-foot boxes are part of the chain’s massive retreat. If you see “Store Closing” banners at these locations in early 2026, expect a rapid liquidation process (usually 8–10 weeks) before they go dark permanently.
3. The Mall Transformation: Winrock Town Center
The Headline: The “Mall” is officially gone; the “Town Center” rises. Location: Uptown Albuquerque…