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The spokesperson reaffirmed that the reputation of the surrounding area - that there are unaddressed safety issues - has contributed to downtown’s stalled economic recovery and lack of customer traffic. The spokesperson confirmed to SFGATE that Coco Republic’s Union Square location hasn’t had any serious crime incidents, which the spokesperson credited to the company’s security services. In the case of Coco Republic, a spokesperson cited a University of Toronto study showing that compared to pre-pandemic levels, San Francisco has had the worst economic recovery of any major North American city. (SFGATE and the Chronicle are both owned by Hearst but have different newsrooms.) Despite months of the owner of the hot dog chain asking for a decrease in rent, it wasn’t until the Nordstrom closure announcement that Westfield finally floated a new rent offer to the owner of the hot dog chain: $12,500 a month, or 18% of gross sales, according to the Chronicle. A few days later, the San Francisco Chronicle reported on Westfield’s struggling restaurants in one instance, Westfield had been charging a local hot dog chain in the mall’s food court $28,000 a month in rent.

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That statement, however, did not appear to be a full accounting of factors that might cause closures in the mall. In early April, after the closure of the Market Street Whole Foods, District 6 Supervisor Matt Dorsey - a close ally of the San Francisco Police Department - unveiled that he’s working on a charter amendment to maintain a minimum number of police in the city.Īnd in early May, when Nordstrom announced the closure of its longtime location at Westfield San Francisco Centre, a Westfield spokesperson put out a scorching statement attributing the city’s retailer attrition to “unsafe conditions.” The specific reasons for store closures in Union Square and downtown San Francisco have become a tenuous subject, with lots of political jostling. Rather than shipping its goods to other locations, Coco Republic plans to hold a sale of its Union Square inventory over the next few months and then close mid-summer, likely by end of July. Employees were notified of the impending closure Wednesday afternoon, the spokesperson confirmed. Coco Republic renovated the 53,000-square-foot space and officially opened in October.īut already, the retailer is planning to pull the plug on its Union Square endeavor. previously housed a Crate & Barrel, which closed in March 2022 after its lease expired, a Crate & Barrel spokesperson told SFGATE at the time.

The recent closings of Whole Foods, Nordstrom, Saks Off 5th and Anthropologie show that ours is not an isolated problem in Union Square, and we hope the city will be able to address the issues that are making it so challenging to do business there.”Īn interior shot of the Coco Republic store at 55 Stockton St.

“ has become clear that downtown San Francisco is no longer a viable option for Coco Republic’s flagship store,” the spokesperson wrote in an email, adding, “It was a difficult decision and one that was not taken lightly.

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