Walgreens The Corner W Closing In San Francisco
Posted: October 31st, 2019, 5:22 pm
The Corner W by Walgreens in Westfield San Francisco Centre is closing soon. This high end mall is losing stores and restaurants left and right. Even Peet's Coffee closed. The high end 30,000 square foot indoor supermarket Bristol Farms closed a few years ago. It sits vacant to this day. The mall increased rent by 25 percent. Perhaps the mall likes vacant store fronts rather than charge reasonable rents.
The Corner W is like a very expensive convenience store that appeals to the tourists who will pay anything for expensive souvenirs and last minute drug store items.
Not even those high prices will cover the cost of rent here. The mobs of homeless shoplifters did not help either.
I am sure Walgreens will survive as they are the dominant drugstore in San Francisco. They bought all the Rite Aid stores years ago and CVS has been closing their stores due to shoplifting.
You can walk down the street and see 2 Walgreens in the same area. It is ridiculous and the prices are insanely high. People have to shop at Walgreens because they do not have cars and a trip to a Target is a journey.
The Corner W is like a very expensive convenience store that appeals to the tourists who will pay anything for expensive souvenirs and last minute drug store items.
Not even those high prices will cover the cost of rent here. The mobs of homeless shoplifters did not help either.
I am sure Walgreens will survive as they are the dominant drugstore in San Francisco. They bought all the Rite Aid stores years ago and CVS has been closing their stores due to shoplifting.
You can walk down the street and see 2 Walgreens in the same area. It is ridiculous and the prices are insanely high. People have to shop at Walgreens because they do not have cars and a trip to a Target is a journey.