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Coco Republic

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business2 years ago•1 min saved

Coco Republic shuts down San Francisco flagship store after 7 months.

Australian furniture retailer Coco Republic is closing its San Francisco showroom less than a year after opening due to safety concerns for shoppers and a significant drop in foot traffic that has not returned since the COVID-19 lockdowns of 2020 and 2021. The store took over the former Crate & Barrel location on Stockton Street and will begin a store closing sale immediately, with the store expected to close by July or sooner if inventory sells out.

via San Francisco Chronicle|

#business #coco-republic #covid-19

business2 years ago•2 min saved

Coco Republic to Close Flagship Store in San Francisco's Union Square.

Upscale home furnishings retailer Coco Republic is closing its three-story store in San Francisco's Union Square due to a lack of foot traffic and safety concerns. The closure is the latest blow to the city's troubled downtown retail sector, following the recent closures of Nordstrom and Whole Foods. Coco Republic, an Australian brand, had chosen the Union Square location for its first store in the US. The retailer plans to sell off its inventory prior to officially closing in the summer.

via The San Francisco Standard|

#business #closure #coco-republic

business2 years ago•3 min saved

Coco Republic Shutters Multiple San Francisco Locations in Under a Year

Australian furniture and lifestyle retailer Coco Republic is closing its flagship San Francisco location in Union Square after just seven months due to lack of customer foot traffic, which the company attributes to unsafe conditions in the surrounding area. The closure follows similar moves by other retailers in the area, including Whole Foods, Nordstrom, Saks Off 5th, and Anthropologie. Coco Republic plans to hold a sale of its Union Square inventory over the next few months and then close mid-summer. The company cited a University of Toronto study showing that San Francisco has had the worst economic recovery of any major North American city compared to pre-pandemic levels.

via SFGATE|

#business #closures #coco-republic