Portland, Oregon’s last two Walmarts closing as companies see shoplifting surges

The last two Walmart stores in Portland, Oregon
, are closing their doors as companies across the board experience surges in retail theft
.

The stores will both close on March 24. Walmart says it’s because the stores are not meeting expectations financially.


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Last month, the company made the announcement, per reports. “The decision to close these stores was made after a careful review of their overall performance. We consider many factors, including current and projected financial performance, location, population, customer needs, and the proximity of other nearby stores, when making these difficult decisions. After we decide to move forward, our focus is on our associates and their transition, which is the case here,” a spokesperson was reported as
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