Unlike the Portland Design Collective, which is maintaining ties to the city; their rental agreement (month-to-month, with a revisit scheduled for the end of August) is with Finnegan's, whose space is connected to Crafty's. As for the huge sales at the Convention Center, the two have no plans to discontinue them in light of the store, noting that they work well cross-promotionally and appeal to different customers for different reasons (the spring/mothers' day edition is still on for May 7).
Currently in the midst of post-holiday inventory and revamping, they'll reopen on Monday with a more permanent feel and an updated window. Part of the pop-ups' agreement with the city was to host periodic events, and they still plan to capitalize on the focus and excitement that a trunk show can deliver, but most likely with less frequency than in recent months, and because they share an alarm system with Finnegans they're limited in being able to host evening events. If you drop by on Monday, however, they plan to have celebratory donuts and coffee going all day.