Here is the definitive guide to the major store closures confirmed for Oregon in 2026.
1. The Downtown Departure: Nordstrom Rack
The Headline: A major loss for the city center. Location Closing: Downtown Portland (2nd Avenue).
The most headline-grabbing retail news for early 2026 is the closure of the Nordstrom Rack in downtown Portland.
- The Details: Following the closure of the full-line Nordstrom at Lloyd Center years ago, the company has now confirmed the exit of its off-price division from the downtown core in January 2026.
- The Impact: This leaves a significant vacancy in the central business district. The company cited the changing economics of the downtown retail environment, mirroring a trend of major brands retreating to suburban power centers like Washington Square and Bridgeport Village.
2. The Pharmacy Fallout: Rite Aid
The Headline: A massive shift leaves towns with fewer options. Locations: Hillsboro, Eugene, Salem, Bend, and Roseburg.
Oregon is one of the states most heavily impacted by the Rite Aid bankruptcy saga, which is continuing its final phases in 2026.
- The Scoop: Dozens of stores across the state have been shuttered or sold. Key closures affecting the 2026 landscape include locations in Eugene (Coburg Rd), Salem (Lancaster Dr), and Roseburg (Garden Valley Blvd).
- The Twist: In a unique move, CVS purchased the prescription files (and in some cases the leases) of several closing Rite Aids. This means your local Rite Aid might not just be empty—it might be turning into a CVS, or your prescription may have been automatically transferred to a CVS miles away.
3. The Mall Transformation: Lloyd Center
The Headline: The “Master Plan” replaces the mall. Location: Portland (Lloyd District)…