The driving factor behind those closures was rampant theft. Target is changing the operating hours of its stores in the San Francisco area due to rising crime in the city. The San Francisco Business Times first reported that at least three stores in downtown San Francisco will be closed for good by mid-January — the CVS locations at 731 Market St. by the Yerba Buena. The same week, San Francisco's Union Square saw nearly a dozen of smash-and-grab robberies. Walgreens has reportedly closed nearly 10 stores in San Francisco since 2019. This isn't the first closure that has happened. Now, Target stores in San Francisco are shortening their hours, opening at 9 a.m. and closing at 6 p.m., instead of opening at 7 or 8 a.m. and staying open until 10 p.m. as other locations . Widely . October 13, 2021 / 12:47 PM / CBS/AP Walgreens said it will close five more stores in San Francisco next month because of organized retail theft in another blow to a city that has earned an. "Data released by the San Francisco Police Department does not support the explanation announced by Walgreens that it is closing five stores because of organized, rampant retail theft . The stores will close down next month, SFGATE reported. It still has more than four. Walgreens will close five additional stores in San Francisco citing "ongoing organized retail crime," a spokesperson confirmed to KCBS Radio on Tuesday. And the latest Huge Giant Scoop in the press is that Walgreens is closing several stores—maybe because of all the shoplifting! Around 20 to 40 thieves targeted a Louis Vuitton store, District Attorney Chesa Boudin said in a statement. The temporary struggles of San Francisco-based retail giant Gap Inc. since the onset of the pandemic have led to a permanent shrinkage to the company's . "Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average. A A. Walgreens, the second-largest pharmacy chain in the United States with nearly 9,000 outlets, will close five stores in San Francisco due to what the company called "organized retail crime.". 731 Market St. closing Jan. 15, transferring to 789 Mission St. The neighborhood's Walgreens, which closed on 11 November, sat on a bustling stretch of Mission Street, surrounded by clothing stores, banks and locally owned eateries. stores permanently. 10/12/2021. The closures will begin with 731 Market, closing on. As a consequence, the chain has been steadily closing locations. The five other San Francisco Walgreens stores that are closing are located at 2550 Ocean Avenue, 4645 Mission Street, 745 Clement Street, 300 Gough Street and 3400 Cesar Chavez Street. CNN has reported that San Francisco has experienced a surge of crime as the COVID-19 outbreak has subsided and tourism has begun to return. CVS Health will close six of its San Francisco pharmacy locations in January as the retailer shifts to digital services to better adapt to customer needs. Rampant shoplifting has prompted Walgreens to close 17 stores in San Francisco in the past five years, according to reports. The . Reportedly, 17 Walgreens stores have closed over the last five years because of shoplifting. The Safeway grocery store in the Castro neighborhood of San Francisco will now be closing its doors at 9pm, the . And, just as econ 101 predicted, stores are abandoning the California city in droves. Stores usually open around 7 a.m. or 8 a.m . Chicago: 1620 W 59th St. Chicago: 1550 N Kostner Ave. Lincolnwood: 7179 N Lincoln Ave. North Aurora: 1015 W. Orchard Rd. In San Francisco, grab-and-run theft and other security concerns also discourage some people from working in street-level stores, said Vas Kiniris of the San Francisco Council of District Merchants. Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average." . Representatives from Walgreens say that it had closed 17 stores in the Bay Area due to increased shoplifting, and that incidents occurred in its San Francisco stores at a rate four times higher . Walgreens Boots Alliance recently announced it will close five stores in San Francisco due to what the company says is 'organized retail theft.'. Pharmacy giant Walgreens has closed its 10th store in the San Francisco area, prompting residents to blame rampant shoplifting caused by the city's soft-on-crime policies. In October, Walgreens announced that they would close five locations in San Francisco, citing rampant shoplifting across the city. At a board of supervisors hearing last week, representatives from Walgreens said that thefts at its stores in San. Cards & Comics Central, 5424 Geary Blvd (at 18th ave) Isotope Comics, 326 Fell St. (at Gough) Jeffrey's Toys, 45 Kearney st (at Maiden Lane) Mission: Comics & Art, 2250 Mission (at 18th st) Brian . Scott Strazzante/The Chronicle Abercrombie & Fitch is closing its San Francisco store in the Westfield mall next week, joining a slew of clothing retailers that have shuttered along Market Street. 581 Market St. closing Jan. 7, transferring to 601 Mission St. 2025 Van Ness Ave. closing Jan. 8, transferring to 2675 Geary Blvd. Source: AP Photo/Jeff Chiu. There has been such an alarming rise in crime in San Francisco that Target Stores has decided to close its stores in the Bay Area at 6 p.m. in order to protect merchandise, customers, and. SAN JOSE (KRON) - An unknown number of people robbed a San Jose jewelry store Monday, according to police. Gap to close key S.F. In addition to the store at 300 Gough Street . Except that Walgreens has been planning to close stores anyway. Walgreens says its San Francisco stores experience a level of theft five times the national average. The company is "not . There is even a Target store in San Francisco's Financial District that is closing at 5 p.m. on Saturdays. Amid a crime wave sweeping San Francisco, five Target store locations are reducing operating hours, closing at 6 p.m. instead of the usual 10 p.m., as managers seek to secure merchandise and . A decision to close five stores in San Francisco lands Walgreens squarely in the middle of a broader debate over community disinvestment. (Getty Images) Among the many problems plaguing San Francisco in recent years, business leaders say one has become so commonplace that residents barely notice it: shoplifting. CVS to close around 900 stores Final day of business for 2 more SF Walgreens stores Union Square business closures impacting holiday spirit in SF EXCLUSIVE: SF Walgreens employee scared to work. The five Walgreens stores earmarked for closure are as follows: 2550 Ocean Ave., closing on Nov. 8; 4645 Mission St., closing on Nov. 11; 745 Clement St., closing on Nov. 15; 300 Gough St . The move has apparently emboldened the thieves. While the chain still has 53 locations open in the city, its scope of operations continues to dwindle as vagrants and dangerous thieves clean the shelves with impunity. Another store in San Francisco cuts losses for predictable reason. Incidents of retail crime in San Francisco have gotten so bad that the six Target stores there are having to close early because of it. It said Walgreens has closed at least 10 stores in the city since the start of 2019. Like many other retailers, Walgreens is blaming Proposition 47, which lowered penalties for thefts under $950 and sparked dramatic . The drug store chain closed one location in the city last year that lost nearly $1,000 a day to theft. It said Walgreens has closed at least 10 stores in the city since the start of 2019. Just this week, the pharmacy chain Walgreens announced that it will close five of its stores in San Francisco, citing theft and retail crime as the main motivator behind its decision. San Francisco has become one of the epicenters for organized retail crime in the United States and the repeated closures of these stores hurt Walgreens' neighbors. The store, located at 1300 Bush St. at the corner of Larkin Street in the Tenderloin neighborhood, recently posted signs telling customers about its closing and that all prescription information . Six stores in the San Francisco area will close at 6 p.m. instead of 10 p.m. due to concerns about the safety of their customers and rising theft, the company announced. "Retail theft across our San Francisco stores has . Walgreens closed a location at 790 Van Ness Ave in October 2020 after an increase in crime, according to the San Francisco Chronicle, citing a loss of up to $1,000 in stolen merchandise every day.. Target shares have gained 12% in 2021. It has shuttered 17 already . Chicago: 745 W 103rd St. Chicago: 175 W Jackson Blvd. The number of stores closing in and around San Francisco lately has grown to the point where constituents are complaining to elected officials about the lack of places to shop for essential items, particularly food and prescription drugs. The stores which will close their doors next month are as follows: 2550 Ocean Ave. - closing on November 8; 4645 Mission St. - closing on . With dozens of additional stores on the chopping block . During this time to help combat this issue, we increased our investments in security measures in stores . Walgreens will soon close 5 San Francisco stores because of what the company calls "ongoing organized retail crime," the company confirmed to McClatchy News on Tuesday. Drugstore chain Walgreens said it would be closing an additional five stores in the city, bringing the number of shuttered locations to 22 in the past five years, according to San Francisco . Gap Permanently Closing Stores In San Francisco's Embarcadero, Market Street, Stonestown Lowe's To Close 2 Bay Area Stores Deemed Underperforming Study Forecasts Thousands Of Store Closures As Malls Become Obsolete The American shopping mall could become a thing of the past in the not so distant future. Like clockwork, Walgreens has announced it is closing 5 MORE San Fran stores due to "organized retail crime." . Full List of Walgreens Stores Closing in San Francisco. The DSW in San Francisco's Union Square is closing its doors after nine years. Target is slated to close two of its San Francisco Bay Area locations this summer despite the company seeing tremendous growth over the course of the . Six stores in the San Francisco area will close at 6 p.m. instead of 10 p.m. due to concerns about the safety of their customers and rising theft, the company announced. For example, in San Francisco, Target stores are open from 9 a.m. to 6 p.m. Another store that the Castro district . Theft in the Bay . Target stores in San Francisco are now closing early due to theft concerns. According to the San Francisco Chronicle, 17 Walgreens Pharmacy locations have shuttered their doors in San Francisco during the past five years. The impacted stores will close on the following dates: - Nov. 8: 2550 Ocean Ave. (prescriptions moved to 1630 Ocean Ave.) Mayor London Breed on Wednesday was pushing back against the idea that rampant retail theft was the only reason behind Walgreens' recent decision to close five more stores across San Francisco Walgreens will close five additional San Francisco stores, a company spokesperson confirmed Tuesday, citing ongoing organized retail crime as the reason. Officers responded at 5:49 p.m. Monday to a report of a robbery at the Victoria Jewelry . The outlet spoke to 77-year-old John Susoeff, who used to pick up his prescriptions at a Walgreens two blocks from his home until it closed in March. © Greg Nash San Francisco grocery store closing earlier due to shoplifting The Safeway grocery in the Castro neighborhood of San Francisco has moved from operating 24 hours a day to closing from 9. A green "closed" sign now adorns the store, at 400 Post Street, and customers have only been able to pick up . Some places have even had to close down permanently. Now, the news media all over the country have become obsessed with shoplifting in San Francisco. Reporting from Lyanne Melendez . The only gun store in San Francisco is shuttering for good, saying it can no longer operate in the city's political climate of increased gun control regulations and vocal opposition to firearms. Five years later, the shoplifting epidemic in San Francisco has only worsened. More Reviews ›› 83 Visit Site Walgreens Is Closing 200 Stores, Declines To Release List . (Google Maps / Google Maps) "We've made . At least five Target locations in the city are shutting their doors at 6 p.m. instead of 10 p.m. At least ten of the stores in the city have closed since 2019. The stores will close down next month, SFGATE reported. 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