Core Insights - Several longtime retailers in the U.S. are closing locations in 2026 due to lease expirations, property redevelopments, and changing retail conditions [1] - Barnes & Noble, one of the largest bookstore chains, is balancing closures with an expansion strategy, having confirmed additional closures early in 2026 [2] Company-Specific Developments - Barnes & Noble is closing its Portland location after 24 years of operation due to lease expiration, with the closure date set for May 2, 2026 [3][4] - The nearest Barnes & Noble store after the Portland closure will be approximately 7.5 miles away [4] - The Portland closure is part of a broader redevelopment plan for Lloyd Center, the city's oldest mall, which will be transformed into a mixed-use neighborhood by the end of 2026 [5] Industry Trends - The mall operations will continue during the phased redevelopment to support remaining tenants and community events, indicating a shift towards mixed-use developments in retail spaces [6] - Other Barnes & Noble locations have also closed in 2026 due to lease expirations, including stores in Nanuet, NY; Pembroke Pines, FL; and Waterbury, CT, all closing on January 18, 2026 [7][9]

Core Viewpoint - The article discusses the challenges faced by physical bookstores in adapting to changing consumer habits, highlighting the attempts of both community and large-scale bookstores to innovate their business models through online sales and multifunctional spaces [2][6]. Group 1: Community Bookstores - "Yongxin Bookstore" in Changsha has been utilizing food delivery platforms to sell books, primarily educational materials, as a response to declining foot traffic and operational pressures [2][3]. - The bookstore's experience indicates that while the integration of delivery services has not significantly increased overall sales, it serves as a buffer to maintain connections with local readers [4][6]. - The majority of orders are driven by immediate needs from nearby customers, particularly students, rather than regular reading habits [3][4]. Group 2: Large-Scale Bookstores - In contrast to community bookstores, larger bookstores like "Bulin Bookstore" are transforming into multifunctional spaces that offer not only book sales but also coffee, stationery, and study areas [5]. - This larger bookstore does not utilize delivery platforms but offers online ordering through its app, albeit with slower delivery times compared to food delivery services [5]. - The large-scale bookstore also engages customers through events such as book sharing sessions and author talks, aiming to attract foot traffic and boost sales through innovative marketing strategies [5]. Group 3: Industry Trends and Challenges - The article emphasizes the broader industry challenge of adapting to evolving reading and consumption habits, with both community and large-scale bookstores exploring different paths to sustain their existence [6]. - Despite efforts to increase sales through various channels, the fundamental profitability structure of bookstores has changed significantly, raising questions about their long-term viability [6].