This Monday, the CEO of well-known clothing manufacturer Cotopaxi said that the business would close its sole location in San Francisco because of “organized thievery rings” and a general lack of safety there.
CEO Davis Smith wrote a lengthy message on social media announcing the closure, claiming the business frequently experiences theft attacks and receives little help from the police.
“Due to widespread organized thievery and a lack of safety for our crew, we are closing the store.” Several times a week, organized theft rings target our store. They enter the business with impunity, take items worth thousands of dollars, and then depart, Smith wrote.
We started locking the door and only allowing customers to open it, but even then, they’d have a woman go to the door, and then sneaky people would rush inside the store as soon as it opened. Our group is in fear. They experience fear. Because these theft rings are aware that security personnel won’t or can’t stop them, they don’t assist, he continued.
CALIFORNIA FAMILY WATCHES ROBBERY ON HOME SURVEILLANCE VIDEO WHILE AT DINNER
Business owner from California leaves Golden State and travels to Alabama because “it’s crazy out there”
Smith claimed that during his childhood in Latin America, he never “felt as unsafe” as he feels right now in San Francisco.
It saddens me that I no longer visit San Francisco, a place I once adored. When my wife and I last visited in 2020, a drugged-up individual ran up to my wife’s face and began screaming some of the most offensive things I’ve ever heard. She was frightened. My rental car was broken into on a prior trip, and our trunk was completely empty. When we called the police to report the theft, they informed us that this occurs around the city hundreds of times each day and blamed us for parking on the street,’ he stated.
One of the businesses that have left San Francisco and California as a result of the increase in crime and homelessness is Cotopaxi.
CLICK HERE TO GET FOX BUSINESS ON THE GO
According to a recent research from the U.S. Census Bureau, San Francisco’s median income decreased more than that of any other significant city in the nation during the epidemic as the city’s highest earners left for better opportunities.