Free Republic

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....

Nordstrom has announced it is closing all of its San Francisco stores, blaming the 'changed dynamics' of the city which has seen numerous major chains turn-tail in the face of soaring crime. The retailer told employees it would not be renewing its leases at the Westfield Mall or at the Nordstrom Rack across the street. The mall location will shutter at the end of August, and the Rack store will remain open until July 1, according to the Washington Post. Nordstrom chief stores officer Jamie Nordstrom blamed the state of San Francisco in recent years for reducing foot traffic 'and...