
stevemur
76.7K posts

stevemur
@stevemur
entrepreneur, preference for data. msft/expe/startups. harvard, stanford, cmu. mba, mscs (ai), applied math


The fall of Portland, Oregon Here are major retailers that left Portland over declining conditions due to Democrat policies from 2022–2026 - Nike Community Factory Store (Operated since 1984, 40 years) Closed permanently because of 276 shoplifting reports in one year. They cited deteriorating public safety. Nike sent a letter to the mayor citing conditions - Walmart (Both Portland Locations) 580 employees laid off - Target (Three Stores) Reason: Explicitly cited organized retail crime and shoplifting - REI Reason: Highest break-in rate in two decades; over $800,000 spent on extra security in 2022 (including multiple incidents, one with a vehicle through the doors on Black Friday) - U.S. Bank (U.S. Bancorp Tower) Announced it would not renew its long-term lease Building Sale: Sold in July 2025 for $45 million (down from $372 million in 2015 — ~88% value decline). - Wells Fargo Announced plans to exit Portland - Starbucks Closed at least 5–6 Portland locations in September 2025 alone. - Nordstrom Rack (Downtown) - CVS Pharmacy (SW Broadway) Reason: Employee cited shoplifting as a factor Malls Major Retail Centers also closed Pioneer Place Mall: Once had roughly 100 stores. It’s now down to 20. Described as a “dead mall.” • Lloyd Center Mall: Confirmed for full demolition. Now 90% vacant PacWest Center: Sold October 2025 for $55.7 million (down from $170 million in 2016. That’s a 67% drop) - Montgomery Park: Sold August 2024 for $33 million (down from $255 million in 2019, that’s a 87% drop)



A friend asks: “Has it occurred to anyone that the MAGAs think you have to show IDs at restaurants because they’ve been eating all their meals at strip clubs? This isn’t even an unreasonable theory”





Washington reported 86,915 non-citizens receiving SNAP benefits. @SecRollins
























