A popular restaurant now makes an unexpected closure after 30 years, leaving customers in the dark about its decision.
Many in the area know of McCormick & Schmick’s, which started in 1979 thanks to Bill McCormick and Doug Schmick, per its website.
The pair partnered up after McCormick had purchased Jake’s Famous Crawfish restaurant, a century-old landmark in the city.
From there they spread out and opened their first restaurant under the McCormick and Schmick’s name, which closed down after the economic crisis from 2007 to 2009.
Now, the last remaining location in Portland from the seafood chain is closing permanently after Easter Sunday, according to information sources provided to Willamette Week.
It’s known as McCormick & Schmick’s Riverside and was the second location opened after the original in the 1970s.
The publication contacted the public relations firm behind the brand but did not hear back about a reason for the closure.
After going public and selling shares in 2004, over 100 locations were opened under the brand name.
In 2012, the seafood chain was bought by billionaire and Landry’s Incorporated owner Tilman J. Fertitta.
Only one location for McCormick & Schmick’s remains in Tigard, about 10 miles southwest of downtown Portland.
Portland’s West End also still holds a Jake’s Famous Crawfish.
Given that McCormick & Schmick’s is a staple for the city, customers are likely saddened by the news.
The Coronavirus pandemic notably affected thousands of small businesses and restaurants across the United States, and Portland was hit hard, reports The-Sun.
Major retailers have also fled the area since last year.
Over 25 stores and restaurants from brands like Target, Walmart, Nike, REI, Cracker Barrel, and Starbucks have shut down permanently, per Portland NBC affiliate KGW.
Several cited crime rates as the reason behind the closures.
For more news and updates like this, opt-in for push notifications.
Also Read: A Healthcare Service Company Now Announces Unexpected Layoffs
Other Economy News Today
A famous drink retailer is now closing a major location due to fears of rising crime in the area, sources confirm.
A Starbucks location will close down on Saturday as high crime rates hit in busy downtown Maryland areas, reports The-Sun.
“Coffee lovers who crave a caffeine fix have just hours left to visit the Starbucks in Silver Springs — before it closes for good.”
The iconic coffee shop will be shuttering its doors after serving the community for more than two decades, according to local ABC affiliate WJLA.
Visitors could see a simple closure announcement taped to the window of the locale over the last month.
“On March 30 at 12pm, your Starbucks Downtown Silver Springs location at 315 Ellsworth Drive will be permanently closing,” the statement read.
“We would like to thank you for being part of our store community; You are the heart of who we are at Starbucks,” it said.
Employees have been given the option to be relocated to other Starbucks locations if they desire.
According to company leadership, the closure was necessary.
“As part of Starbucks standard course of business, we continually evaluate our business to ensure a healthy store portfolio.
After careful consideration, we’ve determined it is best to close the store at 915 Ellsworth Drive in Silver Spring,” Starbucks Corporation representatives told local reporters.
But business owners working in the area believe the closure is due to one big problem — crime.
At least nine police reports were filed from the shopping center where the Silver Springs Starbucks is located since January 2023, according to the Montgomery County Police Department.
The crimes committed include several instances of indecent exposure and theft, in addition to one robbery and one assault on a store employee.
For more news and updates like this, opt-in for push notifications.
Also Read: A Massive Chain with 6,805 Locations Now Begins To Close
Market News Published Daily 📰
Don’t forget to opt-in for push notifications so you don’t miss a single article!
Also, thank you to all of our blog sponsors.
This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.
Scroll below to view my stock purchases this month!
You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.
Frank Nez’s Stock Portfolio
Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?
Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.
11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.
Recommended For You ✨
About The Author
Leave your thoughts below.
For more news and updates like this, opt-in for push notifications.