what target stores are closing in portland

9 months ago 44
Nature

In September 2023, Target announced the closure of nine stores in four states, including three locations in Portland, citing ongoing problems with theft and "organized retail crime"

. The stores that were closed were:

  1. Portland Galleria on Morrison Street
  1. Powell Boulevard location
  1. Hollywood District location on Halsey Street

These closures were part of a larger decision to shut down 15 stores across the U.S. for the same reasons

. The company stated that it could not continue operating these stores because theft and organized retail crime were threatening and contributing to unsustainable business performance

. However, some experts have questioned whether the company's explanation for the store closures is the full picture, as the three Portland stores did not necessarily have the highest crime rates

. Additionally, small-format stores like these can't absorb the losses that larger Target locations can, even if they see fewer thefts