by Mish Shedlock, Mish Talk:
Retailers abandon downtown San Francisco in droves. Nordstrom is the latest, signaling the death of the area.
That Tweet is from April 29. Since then, there have been more closures.
Nordstrom closes two stores and Saks Off 5th says goodbye as well.
TRUTH LIVES on at https://sgtreport.tv/
Some of the biggest merchants in the world and beloved small businesses alike have shuttered in downtown San Francisco. This map details the economic devastation that has left the city with widespread empty storefronts. https://t.co/rF4ZaKTeYy
— San Francisco Chronicle (@sfchronicle) April 29, 2023
Nordstrom will close two downtown locations, while Saks Off 5th is closing on Market Street, the latest retailers to shutter stores in San Francisco. https://t.co/YiS616e4Ke
— San Francisco Chronicle (@sfchronicle) May 3, 2023
Walgreens and Whole Foods Leave
San Francisco Whole Foods:
-Workers routinely threatened with weapons.
-568 emergency calls to store over the course of 13 months.
-Chaotic scenes of fights, food throwing, and yelling.
-Stores closes
Democrat Crime Crisis.
— Rep. Jim Jordan (@Jim_Jordan) May 1, 2023
San Francisco’s Dying Downtown
The San Francisco Standard says Nordstrom’s Exit From San Francisco Calls Downtown Mall’s Future Into Question
The Nordstrom at Westfield will close at the end of August, the company confirmed on Tuesday. The retailer’s exit will leave a gaping vacancy that could be very difficult to fill: the store sprawls across 312,000 square feet and five floors. A Nordstrom Rack across the street is also slated to close in July.
Less than a month ago, a nearby Whole Foods abruptly shuttered, citing employee safety concerns. The Whole Foods had made regular emergency calls since it opened in March 2022 for a mix of medical crises, assaults and other incidents; in September of last year, a man fatally overdosed in a bathroom at the grocery store.
Last week, a Walgreens store next to Westfield mall was the scene of a fatal shooting after a private security guard allegedly shot a shoplifter.
So far this year, police have responded to 74 reports of petty thefts, 54 fights and 30 grand thefts in the area.