By Marie Mannes (Reuters) - Swedish flat-pack furniture giant Ikea opened its doors to a new store in downtown San Francisco on Wednesday, bucking the ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Swedish flat-pack furniture giant Ikea opened its doors to a new store in downtown San Francisco on Wednesday, bucking the trend of big retailers such as Nordstrom and Old Navy closing shops amid falling foot traffic and rising crime in the city.
The opening, though, comes as San Francisco's crises of drugs and homelessness have worsened, leading to tourists and business visitors staying away and depleting the ranks of shoppers who once sustained a vibrant downtown.Tolga Oncu, head of retail at Ikea store owner Ingka Group, said the company had strategized with security firms on how to position the entry and exit of the store and taken measures to stop crime without the presence of a lot of guards.
"We are feeling very confident in our city approach, it is very complementary to our existing Ikea presence in that market," Oncu told Reuters.
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