Downtown San Francisco Becomes a Ghost Town as Major Retailers Flee

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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/

Image from Tweet below.

Walgreens and Whole Foods Leave

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.

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