OREGON - The "retail winter" is hitting the Pacific Northwest hard. February 2026 brings a wave of closures across Oregon, from the coast to the high desert, affecting everything from major mall anchors to beloved local grocery stores.
Here are the five major retail chains shrinking their Oregon footprint in February.
1. Macy's
As part of its "Bold New Chapter" restructuring plan, Macy's is shuttering two significant Oregon locations in early 2026. These stores were identified as "underperforming" assets as part of the company's bid to streamline its portfolio.
- Confirmed Locations: The Streets of Tanasbourne location in Hillsboro and the Salem Center store in Salem.
- The Timeline: Liquidation sales are currently in their final weeks, with the stores expected to go dark permanently by the end of the month or early March.
- The Impact: The departure from Salem Center is particularly impactful, leaving the downtown mall with a massive vacancy that will challenge city planners and mall management alike.
2. Rite Aid
Rite Aid's "second bankruptcy" proceedings have led to a drastic reduction in its presence in Oregon. Court filings have identified over 30 locations across the state for closure, with many ceasing operations in February.
- Affected Areas: The list is extensive, covering Portland (multiple locations, including NE 181st and SW Barnes Rd), Eugene, Albany, and Lincoln City.
- The Shift: In some cases, prescription files are being sold to competitors like Walgreens or CVS, meaning your local pharmacy counter may disappear overnight, forcing a transfer of records to a different chain.
3. Big Lots
Following its bankruptcy restructuring, Big Lots is significantly pulling back in Oregon. The closures are hitting mid-sized towns particularly hard, removing a key source for discount furniture and pantry staples.
- Locations to Watch: Confirmed closures include stores in Bend, Hermiston, Klamath Falls, Medford, and Roseburg.
- The Vibe: For towns like Roseburg, where Big Lots served as a general store alternative, this closure removes a primary budget-friendly shopping option. Liquidation sales are in full swing ("Everything Must Go") throughout February.
4. GameStop
GameStop is executing a quiet but significant fleet reduction in early 2026, closing hundreds of stores nationally. Oregon has not been spared from this "optimization."
- Confirmed Closures: The Corvallis Market Center location and the Hermiston Plaza store are among those on the chopping block.
- The Trend: This continues the retailer's pivot away from physical density. Gamers in Hermiston, for example, will now have significantly fewer options for trading in physical discs or buying collectibles locally.
5. Ray's Food Place
In a blow to the Rogue Valley, C&K Market has announced the closure of its Ray's Food Place location in Phoenix, Oregon.
- The Date: The store is set to close its doors as early as February 13, 2026.
- The Community Impact: This closure is widely lamented by locals, as Ray's often serves as a community hub in Southern Oregon towns. The closure leaves Phoenix residents with fewer immediate grocery options, forcing them to make more trips to nearby Medford.
In short, February 2026 marks a significant contraction in Oregon's retail sector. While Macy's and GameStop are strategically pruning their portfolios to focus on profitable hubs, Rite Aid and Big Lots are in full-scale retreat due to bankruptcy proceedings. The loss of Ray's Food Place in Phoenix adds a local sting to the national trends, leaving a gap in community-focused grocery options. Shoppers across the state—from the coast to the high desert—should expect liquidation sales to dominate the month as these brands say goodbye.