Powell’s Books has announced it’s closing two of its three stores at Portland International Airport. The main store, located outside security checkpoints, will remain open.
“The redevelopment of our concessions has occurred over time,” Johnson says. “We do feel it’s important in order to freshen up the concept and provide the types of concession our customers appreciate.”
Powell’s spokeswoman Kim Sutton characterized the talks with the Port as negotiations the company was not able to resolve. She says it didn’t make financial sense for Powell’s to close its concourse stores, and re-open them in a new location.
Steve Johnson with the Port said he did not know if tenants were asked to accept a more expensive lease.