Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

San Francisco's downtown 'never going back to the way it was,' Salesforce's Marc Benioff says
FOX Business ^ | July 16, 2023 | Greg Wehner

Posted on 07/17/2023 5:58:23 AM PDT by george76

San Francisco-based companies leaving The Golden City because of drop in revenue

...

San Francisco, California-based tech CEO Mark Benioff says the city will never go back to the way it was ...

...

Golden City is struggling to keep businesses intact, leaving many buildings vacant..

office vacancy rates in San Francisco were 24.8% in the first quarter, more than five times higher than pre-pandemic levels and well above the average rate of 18.5% for the nation’s top cities,

...

For San Francisco, the three-year exile resulted in empty storefronts with large "going out of business" signs hanging from windows.

Popular shops like Uniqlo, Nordstrom Rack and Anthropologie have left, toiletries like shampoo and toothpaste are locked up at pharmacies, and places like Gucci get hit by armed robbers in broad daylight.

...

cities that relied on tax revenue from those businesses are seeing their income dwindle and could respond by raising taxes and reducing services, which may make conditions worse for the residents who stayed put.

...

Benioff’s company is San Francisco’s largest employer and the anchor tenant of the tallest skyscraper in the city.

He recently said downtown is "never going back to the way it was"

...

Many businesses that made their mark on the world are being forced to shut down, though.

For example, Anchor Brewing Co., which opened during the California Gold Rush 127 years ago, announced last week it was shutting down due to a "combination of challenging economic factors and declining sales since 2016."

AT&T, Westfield and Nordstrom said last month it would be vacating their locations downtown, and Gap, which opened its flagship store in San Francisco in 1969, closed its flagship and Old Navy stores near Union Square.

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


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; Politics/Elections; US: California; US: Illinois
KEYWORDS: anchorbrewing; anthropologie; armedrobbers; att; buildingsvacant; deathspiral; detroit; emptystorefronts; gap; nordstrom; nordstromrack; sanfrancisco; shoplifting; storefrontsempty; uniqlo; vacantbuildings; westfield; westfieldmall
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-65 last
To: Bonemaker
60's hippie scum in San Francisco ...the beginning of the end.

This was the first generation that demonstrated to the globalists how easily people could be manipulated.
61 posted on 07/17/2023 12:26:13 PM PDT by fr_freak (Such a foul sky clears not without a storm.)
[ Post Reply | Private Reply | To 44 | View Replies]

To: ChessExpert

It’s really a mystery and a damnable shame otherwise sensible people miss such fundamental things that they opt to make govt their God.

My whole Patton thing was meant tongue-in-cheek, but it’s nutz a guy from that era still clings to the political skeleton of the Reich.

I had a colleague who absolutely firmly believed that a dollar bill in the hand of a bum was somehow worth far less than if I took that exact dollar bill and handed it to Warren Buffet. The notion that a dollar, is a dollar, is a dollar — he would NOT hear it. To capitulate would be to yield on graduated taxation, and that would be to desecrate the shrine of his politics.

This sort of thing has always struck me as a type of “those who perish, because they did not accept the love of the truth.”

But then you go read the end of the story and you see this “hole” open up in the sky, like some special effect from a Marvel film, and this fiery guy in blood-soaked robes comes charging down at the head of an innumerable host of cavalry...

All that mind-bending reality and what’s the response??
A crock of WEF militarists think they’re gonna take this guy down with missiles and fighter jets; maybe plink away at him with tanks and SPG’s. Like, “HELLO!?! McFly!! That guy just came right outta the sky like in a movie about aliens from a whole ‘nother dimension, and you propose to shoot him with...what?!?! And you expect to win??”

There’s just a level of stupid that humans are capable of that is incomprehensible.


62 posted on 07/17/2023 12:35:53 PM PDT by HKMk23 (https://youtu.be/LTseTg48568)
[ Post Reply | Private Reply | To 53 | View Replies]

To: fr_freak

My recollection and impression at the time was/is that this behavior and subsequent demonstrations/riots were unprecedented and handled far too gently. They got away with an awful lot.


63 posted on 07/17/2023 1:13:03 PM PDT by Bonemaker (invictus maneo)
[ Post Reply | Private Reply | To 61 | View Replies]

To: HKMk23

“those who perish, because they did not accept the love of the truth.”

That is it in a nutshell.

Pilate asked “what is Truth?” He didn’t ask what is the truth in this particular case? With multiple gods, the notion of a singular truth lacks a firm foundation. It was a foreign Judeo-Christian concept that somehow resonated with Pilate.

Marxism is atheistic, so Marxists sometimes speak of bourgeois truth vs. proletarian truth, etc. The idea of multiple truths also undercuts belief in Truth.

The view from our elites is probably “the truth is whatever we say it is.”


64 posted on 07/17/2023 1:39:43 PM PDT by ChessExpert (Required for informed consent: "We have a new, experimental vaccine.")
[ Post Reply | Private Reply | To 62 | View Replies]

To: Pearls Before Swine

LOL!


65 posted on 07/18/2023 5:12:59 AM PDT by FlingWingFlyer (No more new laws until we start enforcing the crap we already have!)
[ Post Reply | Private Reply | To 21 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-65 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson