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Major Retailer to Close Flagship San Francisco Store After Less than a Year
Breitbart ^ | 05/11/2023 | JOEL B. POLLAK

Posted on 05/11/2023 7:06:31 AM PDT by ChicagoConservative27

Another major retailer is leaving downtown San Francisco — this time Coco Republic, an Australian furniture store that is leaving the iconic Union Square less than a year after opening a flagship location there.

The ongoing retail exodus from San Francisco follows years of worsening crime, drugs, and homelessness, plus a wave of “mass looting” events that have caused many other retail stores and chains to leave the city.

Other reasons include a decline in foot traffic in downtown San Francisco as a result of pandemic restrictions that caused many workers to shift to work-from-home, and many residents to relocate outside of the city.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: california; close; retailer; sanfrancisco; store
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Close it all down. Embrace the suck.
1 posted on 05/11/2023 7:06:31 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

My only question is what made them think to open it one year ago? SF was an open urinal in 1999, it has become much worse in the time since.


2 posted on 05/11/2023 7:08:22 AM PDT by Wally_Kalbacken
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To: ChicagoConservative27

How much longer til they start razing all the blighted buildings. or will the city just turn them over to the homeless?


3 posted on 05/11/2023 7:11:00 AM PDT by eyeamok
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To: Wally_Kalbacken

They must have management like Anheuser Busch?


4 posted on 05/11/2023 7:11:04 AM PDT by goodnesswins ( We pretend to vote and they pretend to count the votes.)
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To: ChicagoConservative27

The San Francisco flower children plan on giving every African in town 5 million bucks but they’re going to have to go somewhere else to spend it. Now that’s what I call “gun violence.” LOL. Buffoons.


5 posted on 05/11/2023 7:11:33 AM PDT by FlingWingFlyer (Since O'Bama was ruling the roost, America has gone from melting pot to septic tank of the world.)
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To: FlingWingFlyer

they will drive to Beverly Hills!


6 posted on 05/11/2023 7:16:05 AM PDT by ronniesgal (friends don't let friends be Kardashians)
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To: eyeamok
or will the city just turn them over to the homeless?

Probably a better than an even chance of that.

7 posted on 05/11/2023 7:17:02 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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To: Wally_Kalbacken
My only question is what made them think to open it one year ago? SF was an open urinal in 1999, it has become much worse in the time since.

Property tax breaks?

8 posted on 05/11/2023 7:18:07 AM PDT by EVO X ( )
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To: Wally_Kalbacken

Great questions, just goes to prove corporations have “senior mgmt” specifically CEOs who are completely useless, because CEOs stop doing what they did to become CEOs when they get to the top. Why rock the boat. You have already made it so you listen to all your college educated expert subordinates tell you what to do. Ceos become the biggest yes men out there. Case in point, why is the CEO of AB still there? If he isn’t responsible for the actions of his subordinates, then who is? Some college educated geniuses who got laid, banged, drunk and screwed every night for 4 years in college, but never had a real job told the CEO of this company that SF was a great place to put a store. Cause the idiot kid went to the right school and every CEO wants to be in the in crowd they put a store there and the rest is yet another case study that will never make it into the case studies of management in the ivy leagues.


9 posted on 05/11/2023 7:19:28 AM PDT by pghbjugop
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To: eyeamok

Detroit, another example, of post Stage 5 Democrat Management would be the best example.

Perhaps Camden, NJ being another example.

They persist as cancerous sores.


10 posted on 05/11/2023 7:25:09 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: ChicagoConservative27
“The ongoing retail exodus from San Francisco follows years of worsening crime, drugs, and homelessness liberal democrat policy”
11 posted on 05/11/2023 7:26:53 AM PDT by bk1000 (Banned from Breitbart)
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To: Wally_Kalbacken

“My only question is what made them think to open it one year ago? SF was an open urinal in 1999, it has become much worse in the time since.”

You’d be surprised, or maybe not, how many people from Asia and Europe still think that places like SF, LA and NYC are good places to do business and visit.


12 posted on 05/11/2023 7:27:27 AM PDT by Fai Mao (Starve the beast and steal its food!)
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To: FlingWingFlyer

Why pay the blacks? I thought California was jacked from the Mexicans. Don’t they deserve reparations?.. No, no, wait,,,, didn’t the indigenous live there first? Isn’t it their land that got jacked by the Mexicans?

Sooooo, what is it that makes these blacks superior by placing them to the front of the bull crap free money farce?
Cuzz the black supremacists demanded it?

Why can’t these afri-can`t Americans wind an alarm clock and get up in the morning and go to work like every other man??


13 posted on 05/11/2023 7:28:29 AM PDT by himno hero (had'nff)
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To: Wally_Kalbacken
My only question is what made them think to open it one year ago? SF was an open urinal in 1999, it has become much worse in the time since.

Good question bro

14 posted on 05/11/2023 7:29:12 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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To: ChicagoConservative27

There is NO foot traffic in downtown SF., except for people going to the dentist. Too much redundancy anyway. How many Crate and Barrel/Pottery Barn type stores can survive today?


15 posted on 05/11/2023 7:29:57 AM PDT by GSWarrior
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To: FlingWingFlyer

They need a minimum of $200 billion to cover the pay off to blacks.


16 posted on 05/11/2023 7:45:46 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: eyeamok

Ex-brother in law owns 2 apartment buildings in SF, he now has only 1 tenant in one and 3 in the other. The only thing that saves him are his guitar music record sales.


17 posted on 05/11/2023 7:47:34 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: pghbjugop

Also, San Francisco’s reputation still vastly exceeds its reality. Most foreign companies would still jump at the chance to open in a “world class” city like San Francisco, but they soon learn that actually means Calcutta class sanitation and Lagos class crime. :)


18 posted on 05/11/2023 7:49:58 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: PIF

Gavin Newsome’s Legacy!!! Coming soon to a State near you.


19 posted on 05/11/2023 7:53:10 AM PDT by eyeamok
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To: ChicagoConservative27

The retailers are all getting out of Union Square - but SF remains the financial center of the West Coast. Until the companies in the financial district also start fleeing, SF city officials will continue to tell themselves it’s all good.


20 posted on 05/11/2023 7:53:17 AM PDT by AnotherUnixGeek
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