https://mishtalk.com/economics/downtown-san-francisco-becomes-a-ghost-town-as-major-retailers-flee Skip to main content [ ] * Global Economics * Global Politics * * Privacy Policy * Terms of Use * Newsletter Signup * About * Community Guidelines * RSS May 7, 2023 Mish Talk - Global Economic Trend Analysis home * Global Economics * Global Politics * * RSS * About Mish Talk - Global Economic Trend Analysis home * Global Economics * Global Politics * Home * Economics Downtown San Francisco Becomes a Ghost Town as Major Retailers Flee Retailers abandon downtown San Francisco in droves. Nordstrom is the latest, signaling the death of the area. * Author: Mish * Publish date: May 6, 2023 * * * * Comment Image from Tweet below. Image from Tweet below. 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. 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. Call Out the Guard Zerohedge comments Gov. Newsom Activates National Guard And Highway Patrol To Combat San Francisco's Drug Crisis Gov. Gavin Newsom has called up the California Highway Patrol and the California National Guard to combat San Francisco's out-of-control open-air drug market as parts of the progressive-run city descend into chaos. According to ABC7 News, CHP officers will be deployed across Tenderloin and South of Market neighborhoods, while guardsmen will run intelligence analysis operations behind the scenes. The governor brought the two agencies together as the drug-related deaths in the city jumped 41% in the first quarter. Scroll to Continue RECOMMENDED ARTICLES Is China's Huawei a Threat or Is US Snooping the Real Phone Threat? Downtown San Francisco Becomes a Ghost Town as Major Retailers Flee Germany and the EU are Hopelessly Behind on EVs and Artificial Intelligence San Francisco Ghost Town "It's been completely surreal watching a major city like San Francisco become a ghost town in real time. Tons of restaurant and business closures. Way less commuters. Empty buildings everywhere. All the tech companies bounced and people got priced out. Just a hollow city now." Q&A on the Exodus Other than A through F downtown San Francisco is a great place to be. This post originated at MishTalk.Com Please Subscribe! Like these reports? I hope so, and if you do, please Subscribe to MishTalk Email Alerts. Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time. If you have subscribed and do not get email alerts, please check your spam folder. Mish Mish By Mish * * * * Comment Is China's Huawei a Threat or Is US Snooping the Real Phone Threat? By MishMay 7, 2023 Downtown San Francisco Becomes a Ghost Town as Major Retailers Flee By MishMay 6, 2023 Germany and the EU are Hopelessly Behind on EVs and Artificial Intelligence By MishMay 5, 2023 Jobs Rise by 253,000 and the Unemployment Rate Dips to 3.4 Percent in April By MishMay 5, 2023 Year-Over-Year Productivity Negative for 5 Quarters, That's Never Happened Before By MishMay 4, 2023 Bank Contagion Spreads, Shares Plunge Again Despite Fed Assurances the System is Sound By MishMay 4, 2023 Market Ignores Fed Chair Powell's Comments, Prices in More Interest Rate Cuts By MishMay 4, 2023 Fed Says Banking System is Sound and Resilient, Hikes Interest Rate a Quarter Point By MishMay 3, 2023 An 86% Chance of Fed Rate Hike Today and a 12% Chance of a Cut in June By MishMay 3, 2023 * Privacy Policy * Terms of Use * Newsletter Signup * About * Community Guidelines * RSS * Privacy Settings (c) 2023 CLOSE CLOSE CLOSE CLOSE