How Many Businesses Closed In San Francisco

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The Great San Francisco Business Exodus: Did They All Follow the Last Out the Door?

San Francisco's business scene has been… let's say, shedding a layer (or two) lately. From iconic retailers to beloved restaurants, there's been a wave of "hasta la vista, baby" that's left some areas feeling like a ghost town. But fear not, existential dread enthusiasts! We're here to crack some not-so-subtle jokes about the situation, because hey, sometimes laughter is the best medicine (besides, like, actual medicine).

So, how many businesses exactly have said "sayonara" to SF?

Unfortunately, there's no central database that tracks every mom-and-pop shop or corner bakery that throws in the towel. But we do have some clues! The San Francisco Chronicle mapped out more than two dozen major retail closures downtownjust in 2023 . News articles love to highlight the big hitters, like Macy's iconic Geary Street location and the entire Westfield San Francisco Centre basically becoming a vacant lot.

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The takeaway? It's a significant number, but quantifying the total business exodus is like counting pigeons in a park – a lot, but the exact figure is…well, let's just say imprecise.

But Seriously, Folks, What's Going On?

Ah, the million-dollar question (which, ironically, might be hard to find someone to spend in a soon-to-be-empty storefront). Theories abound! Here are a few of the top contenders:

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  • The Rent is Too Damn High: This timeless bop by the musical geniuses of the Green Day variety might as well be San Francisco's official anthem. Running a business here can be brutal on the wallet, thanks to sky-high rents that make even selling artisanal avocado toast a struggle.
  • The Rise of the Remote Work Revolution: Remember offices? Those things with cubicles and water coolers (RIP)? Thanks to the magic of the internet, many folks can now work from anywhere with a decent Wi-Fi connection. This means less need for office space, which means...well, you get the picture.
  • The Allure of Greener Pastures: Maybe San Francisco just isn't as cool as it used to be (gasp!). Some businesses might be lured away by the siren song of lower costs, better traffic flow, and a place where they can park a delivery truck without needing a small loan.

Is San Francisco Doomed? Should I Stock Up on Canned Goods?

Hold on to your sourdough starter, everyone! While the situation isn't ideal, San Francisco is a survivor. The city's full of creative entrepreneurs who are constantly innovating. Plus, there's a ton of charm and history here that isn't going anywhere. So, while there might be fewer places to buy a $15 kale smoothie, San Francisco will still be a pretty awesome place to live (and maybe even open a business), if you can find a space that doesn't cost more than a rocket launch.

Frequently Asked Questions

How To Navigate the New San Francisco Business Landscape: A Totally Serious FAQ (Not Really)

How to score a killer deal on a commercial lease? Befriend a time traveler and convince them to invest in real estate before the gold rush of the dot-com era.

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How to convince your employees to commute downtown when there are no more offices? Promise them a lifetime supply of kombucha and a reserved spot on the nearest beanbag chair.

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How to know if your favorite local business is about to close? If the "help wanted" sign has been replaced with a dusty "gone fishin'" note, that's not a good sign.

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How to cheer yourself up after your favorite store closes? Retail therapy might be out, but there's always the tried-and-true method of distraction: binge-watching reruns of "Full House" and pretending it's still the 90s.

How to help keep San Francisco awesome? Support local businesses! Shop at the independent shops, eat at the quirky cafes, and tell everyone you know how cool this city (still) is.

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