Repeating an all too familiar story in downtown San Francisco, another major retailer has become the victim of rampant shoplifting.
In an exclusive interview, an Old Navy worker, who does not want to be identified, described the scope of the problem."They're there every day. When I'm on the floor walking around I would say at least 12, 14 during the day," the worker said."It's really bad because it's downtown San Francisco and it's really out of control."
Old Navy is always evaluating its real estate portfolio to ensure a healthy fleet of stores that can provide the best possible experience for our customers. Since our Market Street store opened in the 1990s, the way we leverage flagship locations has changed. Downtown San Francisco retailers have been the victims of lower foot traffic due to the pandemic and a drop in tourism, changing shopping habits, and safety concerns.
Mayor London Breed said Friday that Gap, Old Navy and Banana Republic have made it clear:"this is not about the issues and the conditions, this is about the changes to retail. And that's just where we are at this time. And it's time for us to make some adjustments to that."
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