Seven San Francisco Starbucks to close amid crime wave

At least seven Starbucks locations in downtown San Francisco are slated to be closed as crime continues to degrade the Democratic-controlled city.

The coffee giant, however, did not blame the rampant crime for the seven closures, according to a report.

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“Each year as a standard course of business, we evaluate the store portfolio to determine where we can best meet our community and customers’ needs,” a Starbucks spokesperson said.

“This includes opening new locations, identifying stores in need of investment or renovation, exploring locations where an alternative format is needed. and, in some instances, re-evaluating our footprint.”

Starbucks is just the latest example of a big business ditching San Francisco, as a recent study found that nearly 97% of all restaurants in the city have suffered from property crime or graffiti in the last month, according to the report.

Nordstrom, Whole Foods, Old Navy, Office Depot, H&M, and Athleta are just a few examples of businesses that have been part of a greater exodus.

San Francisco has suffered an injury to its economy that it may not recover from. Its technology sector suffers from people fleeing the city and the greater push toward remote work, the report noted.

Office vacancy sits at 30% as of September, and the city’s credit rating has taken a dive from Moody.

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Starbucks maintains that it has spent $2.5 million renovating at least four locations in San Francisco, and it has opened three locations in the city.

“We remain dedicated to investing in the City in meaningful and important ways that meet our partners and customers where they are — in the best way we know how,” Jessica Borton, Starbucks’s regional vice president for Northern California, said via an internal memo, according to the report.