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Downtown San Francisco is losing more retail giants.


"The store has been struggling for a number of years, due to the perils and violence of the downtown environment, inflation, the decrease in consumer spending and the demise of retail across the world,” attorney Ken Sterling told the San Francisco Chronicle.
 

"The company reported “historical highs” in losses from shoplifting during an earnings call last week — echoing complaints recently made by other major retailers including Dick’s Sporting Goods, Ulta Beauty and Target."
 

"The store has been struggling for a number of years, due to the perils and violence of the downtown environment, inflation, the decrease in consumer spending and the demise of retail across the world,” attorney Ken Sterling told the San Francisco Chronicle.
So you're right one out of four times? Yeah, that sounds about right.

There is another thread on this, moron. Go read it and get educated.
 
yet another place that pubs have built up only for liberals to tear apart.
 
  • Shoplifting losses grew 19.4% year-over-year; as a share of retail sales dollars, losses to theft increased 10.5%.
Cities Most Affected by Organized Retail Crime
RankFY 2022
1Los Angeles, CA
2SF/Oakland, CA
3Houston, TX
4New York, NY
5Seattle, WA
 

Target is closing nine stores in four metropolitan areas: the San Francisco Bay Area, Portland, Seattle, and New York. The big box retailer cited in its announcement organized retail crime and theft creating an “unsustainable business performance.”

Preliminary August 2023 Bureau of Labor Statistic data shows that all four metropolitan areas where stores are closing – the Bay Area, New York, Portland and Seattle – have fewer retail employees than they did in August 2019.
 
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Only bleaters would defend these disastrous, Democrat policies.
 

Target is closing nine stores in four metropolitan areas: the San Francisco Bay Area, Portland, Seattle, and New York. The big box retailer cited in its announcement organized retail crime and theft creating an “unsustainable business performance.”

Preliminary August 2023 Bureau of Labor Statistic data shows that all four metropolitan areas where stores are closing – the Bay Area, New York, Portland and Seattle – have fewer retail employees than they did in August 2019.
Can you imagine what insurance is costing these companies now? It's unsustainable.

Those who are defending these Democrat policies are living in denial and just can't admit wrongdoing by the left. They're too loyal to the 'D'
 
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