In underground coal mines, the stability of the retracement channel in the surrounding rock is crucial for the safe and efficient retracement of the equipment and to guarantee the continuity of the retracement work. To reveal the deformation and damage mechanism of the surrounding rock of an auxiliary retracement channel (ARC) and the determination method for the reasonable spacing of two retracement channels during the end of the mining period, the deviatoric stress field in front of the working face and the change in the shape characteristics of the plastic zone in the ARC are investigated in this paper. The formation of ultimate stress equilibrium, high deviatoric stress, decreasing deviatoric stress, and low deviatoric stress environments in front of the working face during the end of mining occur successively, and the different deviatoric stress environments are the main reasons for the different shape characteristics of the plastic zone in the surrounding rock. The changes in the shape characteristics of the plastic zone correspond to the changes in the shape characteristics in the zone with deviatoric stress and exhibit the following order: full plastic deformation zone, butterfly-shaped zone, elliptical zone, and circular plastic zone. A reasonable spacing determination method for the two retracement channels is proposed: the ARC is arranged in the decreasing deviatoric stress environment, where the surrounding rock plastic zone shape is elliptical, and the ARC is relatively stable. Based on this research result, the spacing of the double retracement channels at the Lijiahao 22-116 working face was determined to be 25 m, which achieved a positive application effect and allowed the safe and efficient retracement of the working face equipment.