These Retailers Are Bucking the Trend and Opening Stores in San Francisco Despite the City’s ‘Doom Loop’
September 22, 2023
San Francisco is experiencing a retail exodus due to concerns over crime, soaring rents, and economic challenges, resulting in high-profile closures like Nordstrom, Whole Foods, and Amazon Go. However, some businesses are bucking this trend and moving into the city’s vacant storefronts. Brands like IKEA, Chanel, Yves Saint Laurent, and Van Cleef & Arpels are expanding or establishing a presence, and AI startups are also choosing to set up shop in the city, drawn by its dense talent pool and innovative environment.
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