Monttebell closing Portland store?

I was in Denver mid-September and spent a couple of hours wandering the 16th Street Mall area. The Montbell store was still there. There were empty store fronts but I thought the biggest issue, at least then, was the construction. It was a mess and, frankly, you had to be pretty determined to do any shopping -- which I managed to do, successfully , as well as have a really nice lunch.