San Francisco, once a bustling hub of commerce and tourism, is now witnessing another chapter in its ongoing exodus narrative. Old Navy, a staple for over three decades, has announced the imminent closure of its downtown store. While the parent company Gap Inc. remains reticent, a whistleblower has courageously come forward, revealing unchecked shoplifting as the underpinning reason. It’s an alarming testament to the city’s dwindling control over rising crime. Unfortunately, Old Navy isn’t alone, as Nordstrom also plans to shutter its downtown stores soon. San Francisco’s declining security and plummeting commercial appeal pose grave implications.
