Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (15730)	4/3/2023 9:44:32 PM
From: robert b furman	Read Replies (1) \| Respond to of 26543

AMEN brother! Bob

To: Sdgla who wrote (15730)	4/11/2023 9:59:09 AM
From: Kirk ©	2 Recommendations Recommended By sixty2nds Sr K Read Replies (1) \| Respond to of 26543

The chithole claims another business... I wonder how much theft there was also and if anyone would use the self serve food after watching the "citizens of Market Street" graze there for free... Downtown San Francisco Whole Foods Closing a Year After Opening Written by Josh Koehn Contributors Garrett Leahy Updated at Apr. 10, 2023 • 3:25pm Published Apr. 10, 2023 • 1:41pm One of the largest supermarkets in Downtown San Francisco—the Whole Foods Market at Eighth and Market streets—intends to shut down at the close of business Monday just a little more than a year after the store opened, company officials told The Standard. “We are closing our Trinity location only for the time being,” a Whole Foods spokesperson said in a statement. “If we feel we can ensure the safety of our team members in the store, we will evaluate a reopening of our Trinity location.” A City Hall source told The Standard the company cited deteriorating street conditions around drug use and crime near the grocery store as a reason for its closure. Since the start of the pandemic, Downtown has suffered a massive loss in foot traffic due to remote work. Many small businesses have shuttered, while examples of extreme poverty, drug use and mental illness on the street have become more apparent. Fears of a “doom loop” in which a cascade of negative financial impacts compound have spread across the city, and City Hall officials currently expect a nearly $800 million deficit in San Francisco’s budget. One idea recently floated to confront the crisis is converting vacant Downtown office space into thousands of units of student housing. The beleaguered grocery store on Market Street slashed its operating hours due to “high theft” and hostile visitors in October of last year, according to one of the store's managers. And in November, the store enforced new bathroom rules after syringes and pipes were found in the restroom. The market takes up 64,737 square feet, and the company called the mid-Market neighborhood location its “flagship store” in a press release announcing the supermarket’s opening in March 2022. More sfstandard.com