In the midst of” Highest Number of Break-Ins and Thefts in Two Decades ,” REI will close Portland Location.

In Portland, Oregon, a Recreational Equipment, Inc.( REI ) store is closing due to rising crime.

REI informed its business partners via email that their hold in Portland’s’s Pearl District would close early the following year.

According to the REI speech,” Our top priority is always the safety of our staff, customers, and customers.” ” In our neighborhood and elsewhere, Portland has been dealing with an increase in violence in recent years. Despite measures to increase security, REI Portland experienced its highest number of break-ins and burglaries in 20 years last year.

Additionally, according to REI, it has outgrown the Pearl District area and” as a result, we are not able to offer the level of business and individual experience we strive for here.”

The company stated that” for these reasons, we are no longer satisfied in our ability to serve you in this distance.”

REI stated that while it is considering expanding in the Portland region, for the time being it has decided to focus on its current towns in Tualatin, Hillsboro, and Clackamas.

Retailers Relocating from Portland

Crime in Portland is a problem for businesses other than REI. Due to concerns about murder, many businesses have already left the city.

Rains PDX declared Portland’s’s permanent settlement in November, stating particularly that” our place is in danger.”

According to Rains PDX in a notice posted on its store window,” Small businesses( and large ) cannot sustain doing business, in our city’s’s current state.” ” We have no defense or option against criminal behavior that goes unnoticed.” Do not be deceived into believing that healthcare providers pay for costs. We have experienced 15 break-ins, and since the third, we have never received any financial compensation.

Following a review of store performance in those areas, Walmart announced plans to close all of its locations in the Portland area in February. A Walmart spokesman stated at the time that before deciding to close the Portland locations, the efficiency assessment took into account a number of variables, including financial performance, area, population, customer needs, and the proximity of many local stores. Walmart CEO Doug McMillon stated in a December interview with CNBC that” robbery is an issue” that could result in premium increases and save closures even though the company did not specifically identify violence in its decision to close the Portland locations.

Mayor Attempts to Maintain REI

The practice of Portland Mayor Ted Wheeler stated that they are dedicated to maintaining REI’s’s operations in Portland and have already collaborated with the business in recent months to tackle rising wholesale theft, vandalism, and other safety concerns.