Whole Foods in San Francisco Closes Due to Crime, Drugs

[BidenPresident]

WOW a store that opened a year ago and closed that is a HUGE loss. The crime must have been VERY BAD.

who cares

 

[ExpressLane]

Isn’t Whole Foods supposed to be high end?
Sounds like an incredibly bad business decision to open one up in a neighborhood like that.

But the street people had nice new tents

 

[ExpressLane]

who cares

Where will the street people steal.

 

[BidenPresident]

Where will the street people steal.

gosh

 

[cawacko]

Whole Foods has 13 stores in San Francisco, will close one store, so will be left with 12 stores in city limits of San Francisco (with many, many more stores in the suburbs). Given that Whole Foods has 514 stores in America, and San Francisco has 0.245% of America's population, it would be expected to have only 1 store, but will have 12 stores.

The reason Whole Foods is overrepresented in San Fransisco is that San Fransisco has the highest per capita income of any American city with over 250,000 people. It has productivity off the charts. It is one of the great powerhouses of the American economy.

Which is amazing considering how small it is. It is smaller than Jacksonville Florida, but far more economically important.

Understandable I guess people not from here don't understand why this is making news. This store opened a year ago in an area that had been called a food desert and an area that needed revitalization and a push for equity. That's why it's making news (and of course the reason for it - crime and safety). This isn't Whole Foods simply saying sales are slow so we're closing or we're going to reevaluate our overall portfolio and just randomly picked a store.

As far as being one of the great powerhouses of the American economy it doesn't say much for City leadership that we are facing a potential doom loop.