Tuesday, April 11, 2023

Amazon-Owned Whole Foods Closing Its Downtown San Francisco Store a Year After Opening

From The San Francisco Standard, April 10:

One of the largest supermarkets in Downtown San Francisco—the Whole Foods Market at Eighth and Market streets—intends to shut down at the close of business Monday just a little more than a year after the store opened, company officials told The Standard.

“We are closing our Trinity location only for the time being,” a Whole Foods spokesperson said in a statement. “If we feel we can ensure the safety of our team members in the store, we will evaluate a reopening of our Trinity location.”

A City Hall source told The Standard the company cited deteriorating street conditions around drug use and crime near the grocery store as a reason for its closure.

Since the start of the pandemic, Downtown has suffered a massive loss in foot traffic due to remote work. Many small businesses have shuttered, while examples of extreme poverty, drug use and mental illness on the street have become more apparent. Fears of a “doom loop” in which a cascade of negative financial impacts compound have spread across the city, and City Hall officials currently expect a nearly $800 million deficit in San Francisco’s budget.....

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