Colorado-based outdoor retailer Christy Sports will close its six stores in New Mexico, the company announced Thursday.
The closures will go into effect at the end of the ’23/’24 winter ski season.
Christy Sports’ New Mexico stores are comprised of four in Taos Ski Valley under the banners of Cottam’s, Alpine Xtreme, and Bootdoctor’s, one Cottam’s in downtown Taos, and one seasonal Cottam’s in Santa Fe.
Focusing on Other Regions
According to a news release, the company is closing shop in New Mexico “to prioritize investment in more profitable regions to best serve its guests and employees.”
Christy Sports opened new stores this winter in Aspen and Telluride, Colorado, “where market conditions are more favorable for expansion,” according to the release.
“Christy Sports is focused on making decisions that are in the best interest of our overall company,” said Pete LaBore, CEO at Christy Sports. “We have loved serving guests in New Mexico the last five years. Unfortunately, we made the difficult decision to leave based solely on financial performance at no fault of the passion and effort of our employees and teams.”
Christy Sports bought the bulk of its New Mexico businesses in late 2018 through an acquisition from the Cottam’s family.
“We have been so proud to continue the legacy established by these stores in service of the guests living in and visiting Taos and Santa Fe the last five years.” stated Dan Fox, chief operations officer of stores. “We have made incredible friendships with the staff and will be supporting our employees through this transition.”
Employee Considerations
As part of the New Mexico store closure process the company will also help all full-time staff explore opportunities at other Christy Sports locations, according to a release.
Bootdoctor’s remaining location in Telluride, Colorado will continue normal operations in that market.
Christy Sports is talking with interested parties in the New Mexico market about selling the locations that are set to close.
Founded in 1958 and headquartered in Lakewood, Colorado, Christy Sports has more than 50 locations in Colorado, Utah, Montana, and Washington. Private equity firm TZP Group LLC owns the company.
