Beset by rising crime, empty offices and fewer shoppers, more big retailers — including Nordstrom, Old Navy and Whole Foods — are fleeing or have already abandoned troubled downtown San Francisco.…
Beset by rising crime and fewer shoppers on once-busy city streets, major retailers are leaving their broken hearts in downtown San Francisco.
At least 22 big-name businesses have closed or announced plans to flee the area around San Francisco’s Union Square since January 2022, including trendy retailers like Anthropologie, Banana Republic and Crate & Barrel, as well as the investment firm that owns two of the city’s biggest hotels.. Some 203 retailers were operating in and around Union Square pre-Covid; as of May, only 107 were left.
The commercial chaos will continue in coming weeks, with brands like AT&T, Nordstrom, Coco Republic and Old NavyThe most significant casualty — the Westfield San Francisco Centre — came last week as the mall’s operator In the past 18 months, 22 major retailers and hoteliers have fled San Francisco’s downtown.
Westfield stopped making payments on its $558 million loan for the 1.2-million-square-foot Market Street retail hub and began transferring control this month, as firstThe mall’s exit is the latest in a series of setbacks in the shopping district, where Nordstrom will shutter two stores — an anchor in the mall as well as a Nordstrom Rack across the street — this summer,San Francisco’s lone Crate & Barrel, at 55 Stockton Street in Union Square, closed in March 2022.
Some 77% of San Francisco residents believe the city’s on the wrong track and just 30% said they felt safe at night downtown,
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
San Antonio police searching for missing 7-year-old girl last seen on West SideSan Antonio police are searching for a missing 7-year-old girl last seen on the West Side.
Read more »
Missing San Antonio 7-year-old found safe; AMBER Alert discontinued, DPS saysA search for a missing seven year old girl on the West Side has ended. Officials say she has been found.
Read more »
7-year-old San Antonio girl found after Amber Alert for abductionThe girl was reported missing about 1:30 p.m. Monday, last seen in the 5800 block of Northwest Loop 410.
Read more »
Amber Alert canceled for 7-year-old girl reported missing in San AntonioIn an update early Tuesday morning, authorities canceled the Amber Alert. No further details were provided about where the girl was located or if she was found safe.
Read more »