A Eugene-based discount retailer quietly closed one of its Portland-area stores this week.

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Bi-Mart — a regional chain with 79 locations across Oregon, Washington and western Idaho — announced Wednesday it would close its 2601 Falk Road store in Vancouver, effective immediately.

“Unfortunately, due to consumer demand and a changing local market, we’ve been unable to remain profitable enough to keep these doors open,” Bi-Mart President Todd Watson said in a news release. “From time-to-time we have to make difficult, but prudent decisions to manage the overall health of our business.”

Memberships for the Vancouver location will be transferred to the nearby Orchards store at 11912 N.E. Fourth Plain Blvd., according to the release. Then, members can request to transfer their membership to any other Bi-Mart location.

Management is working with Falk Road Bi-Mart employees to apply for positions at other stores.

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Despite the Vancouver closure, Bi-Mart remains “healthy and strong,” according to the release, with plans to open new locations in Hood River and Seaside this year. The former will replace a Cascade Farm and Outdoor store, a Bi-Mart subsidiary that in January announced it would shutter all locations.

Bi-Mart was founded in Yakima, Washington, in 1955.

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