Nordstrom and Cole Hardware closures lead to job losses in crime-plagued San Francisco.

Nordstrom is cutting almost 400 jobs as it prepares to shut all its stores in San Francisco amid rising crime and a faltering economy in the city. A total of 379 jobs will be axed at the department store, which is in the Westfield San Francisco Centre shopping mall, and the Nordstrom Rack outlet a few doors down. The upscale firm announced it was shutting both stores earlier this month, blaming the 'changed dynamics' of the crime-ridden city. A host of major chains, including Whole Foods, Brooks Brothers and Office Depot have also shuttered stores, with a disturbing report showing 95 retailers downtown - more than half the total - have closed since the start of the COVID pandemic.