PCC co-op supermarket closing in downtown due to financial losses

The downtown PCC co-op supermarket, located at the corner of fourth and union, is closing due to financial losses. Despite a supportive landlord and favorable store conditions, the store has remained unprofitable, and the losses pose a significant risk to the co-op's long-term viability. The closure is scheduled for January 31, 2024. The expansion strategy pursued by PCC before the pandemic, along with the decision by Amazon not to take space in the Rainier Tower building where the store is located, contributed to the financial struggles. While some may argue that downtown's crime and homelessness problems impacted the store, others believe it was a result of other factors.