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IPFS News Link • Business/ Commerce

Nordstrom Closing San Francisco Stores, Citing "Deteriorating Situation" Amid Crime Crisis

• https://www.zerohedge.com by Tyler Durden

After 35 years, Nordstrom is closing its downtown San Francisco stores, citing "the deteriorating situation" in the city plagued by crime and governed by mindless progressives. 

According to ABC7 News, the Nordstrom Rack on Market Street will close on July 1, and Nordstrom inside Westfield Mall will close in August. 

Jamie Nordstrom, Chief Stores Officer, sent a letter to impacted workers of both stores and explained that "the dynamics of the downtown San Francisco market have changed dramatically over the past several years, impacting customer foot traffic to our stores and our ability to operate successfully."

The impending exodus of Nordstrom comes as several other retailers, such as Office Depot, The Container Store, Anthropologie, Whole Foods, and Saks Off 5th, have all recently announced store closures. The reason for the closures is that cost of operation for retailers is soaring as progressive city officials won't address out-of-control thefts and street crime. 

Since 2020, twenty retailers have closed their stores in San Francisco's Union Square, as the San Francisco Standard reported. All have pointed to theft. In other areas, CVS and Walgreens have shuttered stores


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