SF's mom and pop shops are dwindling How can we save them?
San Francisco's small businesses are dwindling as high rents and online shopping continue to undermine local retailers. Dona Taylor, who has witnessed the decline in Noe Valley, stated that no new retail stores have opened there in seven years. The city is introducing a task force aimed at assisting independent pharmacies, which have dropped from 300 in the 1970s to just 20 today. Supervisor Connie Chan is advocating for measures to protect legacy businesses and promote employee ownership opportunities. Peter Lo, who has operated Wellman's Pharmacy since 1987, expressed concern over declining reimbursement rates and competition from larger chains.
The shift in consumer preferences has led to a rise in service-oriented businesses in the area. Local leaders recognize the importance of preserving the unique character of neighborhoods while navigating the challenges posed by economic pressures. The outcome of proposed city initiatives could significantly impact the future of San Francisco's small business landscape.