[Ed. – Statistics no doubt vary across the country. San Francisco has one of the very worst business environments anyway, with the forced higher minimum wage, exceptionally heavy regulatory costs of other kinds (including absurdly high rent and utility costs), and general decrepitude taking over the city. But a net 54% of storefront businesses closing in 6 months is catastrophic no matter how you slice it.]
More than half of all storefronts in San Francisco are no longer in business due to COVID-19, according to the survey by the San Francisco Chamber of Commerce.
“The survey showed only 46 percent of storefront businesses in San Francisco that were open at the beginning of the pandemic are still operating,” said Jay Cheng, spokesman of the San Francisco Chamber of Commerce.
That means 1,200 stores are still open, while about 1,300 have closed, Cheng said.