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Fox Business: Starbucks shutters seven San Francisco stores

  |   By Polling+ Staff

SAN FRANCISCO, CALIFORNIA - JANUARY 24: Pedestrians walk by a Starbucks Coffee shop on January 24, 2019 in San Francisco, California. Starbucks will report first quarter earnings after today's closing bell. (Photo by Justin Sullivan/Getty Images)

If you live in San Francisco, so much for your Starbucks extra Pumpkin Spice Frappucino.

Fox Business headlines this sad news: https://www.foxbusiness.com/markets/starbucks-closing-7-downtown-san-francisco-stores

Starbucks closing 7 downtown San Francisco stores

Starbucks reportedly offered impacted workers at the downtown San Francisco locations the opportunity to transfer

FB reports:

Coffee giant Starbucks is shrinking its footprint in downtown San Francisco following the announcement that it plans to close seven stores in the city’s center even as it opens, reopens or renovates other locations in the city. 

A company spokesperson explained that Starbucks evaluates its store portfolio each year to identify needed investments or renovations, consider alternative formats and re-evaluate its footprint. Starbucks’ regional vice president for Northern California, Jessica Borton, informed employees at the stores slated for closure in a letter sent Monday that was first reported by the San Francisco Business Times. 

‘There are several factors Starbucks considers when tasked with the tough decision of closing a store, but it is all part of ensuring a healthy store portfolio,’ Borton wrote. ‘We will continue to listen to the needs of our partners to ensure they can focus on crafting beverages and creating connections in a welcoming environment.’ 

Starbucks will close seven stores in the San Francisco neighborhoods of Financial District, Cathedral Hill, South of Market (SoMa) and Union Square effective October 22. Among the stores set to close include locations at the intersections of Mission and Main; Geary and Taylor (designed as a pickup-only location); 4th and Market; and Bush and Van Ness.”

In other words?

San Francisco, that one time jewel on the bay, has been so utterly mismanaged that in addition to the masses of homeless on the streets, the rise of unchecked crime has gotten so bad that Starbucks, of all places, has to yank not one but seven stores from the city.

And its not as if you couldn’t see this coming. Here’s a Daily Caller headline from June of this year: https://dailycaller.com/2023/06/16/businesses-san-francisco-crime-drugs/

Businesses Are Fleeing San Francisco In Droves, Leaving The City Devastated As Crime, Drug Use Runs Wild 

Reported the DC:

“Businesses from retail stores to major corporations have left California in droves over the past few years amid rising crime and skyrocketing drug use, costing the city hundreds of millions per year.

San Francisco has witnessed significant increases in crime over 2023, with a 10% rise in homicides, a 14.7% rise in robberies and a 5.4% rise in motor vehicle thefts per data from the city’s police department. That increase, which has translated into large-scale larceny at storefronts in the city, often without police intervention, has led to many businesses closing their establishments in the city altogether. 

On Thursday, telecommunications company AT&T announced that it would close its flagship store in the city’s Union Square shopping area, according to the San Francisco Standard. While the company’s CEO did not explicitly cite crime as the reason for closure, AT&T’s departure makes it the 25th major company – joining other major retailers such as Whole Foods, the Cinemark Theatre, GAP, Nordstrom and Banana Republic, among others – to leave the shopping hub since 2020, which is known for retail crimes, according to the Standard.”

One can only shake one’s head in amazement and ask how out-of-it San Francisco officials can get before they do something to stop the serious deterioration of their city.

They aren’t alone, of course. Other liberal-run cities across the nation have suffered the same consequences from running their cities with the same left-wing policies.

The other day NBC News – and they weren’t alone – headlined this: https://www.nbcnews.com/news/us-news/groups-people-loot-stores-philadelphia-least-15-arrested-rcna117540

Over 50 arrested in Philadelphia after groups of people loot stores 

“Stores in Philadelphia’s Center City area and in other parts of the city were looted Tuesday after a crowd of young people broke into stores, police said.

At one point the crowd making its way through Center City was around 100 people, interim Police Commissioner John Stanford said.”

And on – and on and on – it goes.

Now, if you live in San Francisco, it will go on without that Starbucks Pumpkin Spice Frappucino.