San Francisco's The Market to Close After 10 Years in Former X Headquarters
The upscale grocery store cites plummeting sales, theft, and reduced foot traffic as key factors in its closure this Friday.
- The Market, a high-end grocery store and food hall located in the former X (formerly Twitter) headquarters at 1355 Market Street, will permanently close on Friday after a decade of operation.
- Owner Chris Foley revealed that daily sales plummeted from $60,000 in 2019 to just $2,300, with remote work, theft, and declining foot traffic contributing to the downturn.
- Foley criticized city leadership for failing to address homelessness and safety issues, which he says deterred customers from visiting the store.
- The Market's food vendors, including Jikasei Mensho and Lilikoi Boba, will continue operating in the space during a restructuring process.
- The closure adds to a growing list of high-profile business exits in San Francisco's Mid-Market area, including Nordstrom, Whole Foods, and Bloomingdale's.