San Francisco’s Doom Loop: Six Major Stores Shut Down at the Nearly Deserted Westfield Mall

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San Francisco’s Center Mall, previously known as Westfield Mall, is experiencing a dramatic decline, shedding nearly $1 billion in value since 2016. The once-thriving mall, a hub for major brands like Adidas, Aldo, and Hollister, has seen a surge in store closures, with occupancy plummeting to 25%. Factors contributing to this downturn include a shift to remote work, increased crime, and homelessness in the area. These developments reflect broader issues in urban centers where progressive policies have influenced the business climate, leading to an exodus of retailers and declining property values. The mall’s downfall serves as a stark example of the consequences of such policies on local economies and community vitality.

#SanFranciscoMallCrisis #RetailExodus #UrbanPolicyImpact

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https://ReasonableTV.com/

π—§π—œπ— π—˜π—¦π—§π—”π— π—£π—¦
00:00 – San Francisco Store Closures
02:08 – Oakland In-N-Out Issues
03:19 – Mall’s Declining Popularity
05:20 – Major Retailers Exiting
07:22 – Store Closure Silence
08:04 – J Crew Closes Doors
10:12 – Mall Becomes Ghost Town
12:00 – Mall Value Plummets
13:23 – Pandemic’s Retail Impact
14:17 – Work-from-Home Shift
16:04 – Migrant Crisis Effects
17:12 – Retail Doom Loop

πŸ›οΈ π— π—˜π—₯𝗖𝗛 – https://Store.ReasonableTV.com/

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