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Employees Say Shoplifting was Rampant at San Francisco Macys HotAir [Video]

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Ecommerce

Yesterday I wrote about the announcement that Macys was closing about a third of its stores including the flagship store in San Francisco. What I tried to point out is that even if the closure of this store had more to do with corporate problems at Macys and a general trend toward online shopping which has impacted all brick and mortar stores, it’s still bad news for the city. 

Regardless of why the store was closing (Macys cited “flagging sales”) the fact remains that losing a major store downtown that employed 400 people is one more step in SF’s ongoing doom loop. Less foot traffic downtown means less sales for big stores like Macys or for a downtown shopping district in general.

But this being San Francisco I should have known that wasn’t the entire story. Today, the SF Standard reports this particular store was also the victim of near-constant …

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