An investment bank challenges claims that crime waves are driving retail closures in cities like San Francisco, calling the narrative exaggerated. The report urges a closer look at economic trends beyond crime statistics.
An investment bank challenges claims that crime waves are driving retail closures in cities like San Francisco, calling the narrative exaggerated. The report urges a closer look at economic trends beyond crime statistics.
San Francisco’s once-thriving retail hub is emptying out, with store closures rising sharply. Experts say the exodus stems from multiple factors beyond crime, including economic shifts and changing consumer habits.