https://www.oann.com/newsroom/walmart-leaving-portland/
According to KPTV, the decision behind closing their location is due to poor performance and financial reasons.
“We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations,” Walmart said in its announcement. “While our underlying business is strong, these specific stores haven’t performed as well as we hoped.”
The two remaining locations that Walmart will be shuttering are at Hayden Meadows, and East Part Plaza with 580 employees currently employed at the two locations. Both locations will be closing on March 24th.
Seattle has seen stores closing for years now. Retail theft is just endemic any more.
Ironically, Walmart was one of the holdouts against price increases during the Bidenflation of 2022 because they had competition from the other megastores. Now that they're gone, expect the remaining businesses in Portland to be more liberal with the price tagger.