Longtime downtown Portland jewelry store to close

Margulis Jewelers will shut its doors in a few months, citing a slowdown in downtown traffic that hasn’t improved in the past year.

PORTLAND, Ore. — Margulis Jewelers, a downtown Portland mainstay that has operated for 90 years, will permanently close in a few months.

Owner David Margulis said the store next to Pioneer Courthouse Square has faced declining customer traffic during the pandemic, and attempts to bring customers back with a recent major sale didn’t pan out.

In a letter to customers, Margulis cited the pandemic, the homeless crisis, vandalism and a “general sense of nighttime lawlessness” as reasons for the struggles of

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