A large hardware and agriculture store has begun a closing business sale.
The CHS Northwest True Value store at 3125 Old Fairhaven Parkway announced it was starting an inventory closeout sale, with the store, which offers hardware, farm, pet and garden products, closing on or before July 1.
CHS General Manager Don Eucker said there were two major factors that led to the store closing. At 40,000 square feet, the retail space in Fairhaven Plaza is larger than what the store needs, so it has operated at a loss since 2012. The second factor, he said, is the landlord has plans for a major remodel of the center that would hinder the store.
“We’re saddened to be closing our Fairhaven location,” Eucker said in a news release. “We hope our Fairhaven customers will come visit our Meridian store, also in Bellingham, and our other locations throughout the county.”
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The Fairhaven store has 16 full-time and part-time employees, said Lance Carsten, retail divisions manager. They are being encouraged to apply for positions within the company and he is optimistic CHS will be able to retain some of the staff that way.
As for trying to keep the store in a smaller space in the building, Carsten said they had worked with the landlord for more than a year to sublease half the space, but couldn’t find a tenant.
The building originally opened in 1995 as an Albertsons grocery store, but closed three years later. In 2002 it became the Southside Food Pavilion and was remodeled in 2009 to become the Market at Fairhaven.
The Whatcom Farmers Co-op took over the space in 2012 and would later change the name to CHS Northwest True Value.
The owners of the building did not want to comment at this time, said Ryan Martin, a Windermere Real Estate agent who has worked as a leasing agent in the Fairhaven Plaza.
The store is having an inventory closeout sale because it has a large amount of products that wouldn’t fit in its other locations, Carsten said.
Along with the Meridian and Fairhaven stores, CHS has stores in Lynden, Ferndale and Nooksack as well as other parts of Western Washington.