Why are businesses leaving democrat Cities ? Racism?

Philadelphia swarmed by alleged juvenile looters targeting the Apple Store, Lululemon, Footlocker and others

Philadelphia police responded to reports of widespread looting on Tuesday night

Philadelphia swarmed by alleged juvenile looters targeting the Apple Store, Lululemon, Footlocker and others | Fox News

So far, the year 2020 has seen riots in Atlanta, Saint Louis, Seattle, New York City, Minneapolis, Chicago, Oakland, Denver, Washington, D.C., Philadelphia, Trenton, Atlantic City, Boston, Louisville, Bakersfield, Columbus, Dallas, Des Moines, Detroit, Los Angeles, Sacramento, Phoenix, San Jose, and I’m sure I’ve missed lesser-covered violence. Residents of Portland have endured “87 straight nights of protest on the streets of Portland, 23 more arrested Sunday night, nearly 20 riots declared over the past 3 months.”

These are separate from mere protests; these are riots — looting, arson, and violence.

Insurance companies are already thinking about the need to raise rates for businesses in large cities. They can financially handle the current wave of claims for damages, but they’re also recognizing that rioting is no longer seen as a local or regional risk. Without warning, some racially or politically charged incident can suddenly set off unrest across the country — and only random chance and the whims of the mob can determine which businesses are left standing and which ones are thoroughly looted or burned to the ground.

And we have this moron leftist …
Writer Vicky Osterweil’s book, In Defense of Looting, came out on Tuesday. Osterweil is a self-described writer, editor and agitator who has been writing about and participating in protests for years. And her book arrives as the continued protests have emerged as a bitter dividing point in the presidential race.

When she finished it, back in April, she wrote that “a new energy of resistance is building across the country.” Now, as protests and riots continue to grip cities, she stakes out a provocative position: that looting is a powerful tool to bring about real, lasting change in society. The rioters who smash windows and take items from stores, she claims, are engaging in a powerful tactic that questions the justice of “law and order,” and the distribution of property and wealth in an unequal society.

Nordstrom and Whole Foods closed stores in San Francisco. In its quarterly earnings call, Dollar Tree even said it might stop selling certain products in some stores.

But one Walgreens executive earlier this year said it was possible the chain had “cried too much” over shoplifting.

Target’s announcement comes on the same day that the National Retail Federation released new figures on the state of retail theft.

The NRF, the retail industry’s largest trade group, said Tuesday that average shrink – a term that refers to merchandise that goes missing due to external and internal theft, fraud, damage and other reasons – cost retailers $112.1 billion in losses in 2022, up from $93.9 billion in 2021. The group said the average shrink rate in 2022 increased to 1.6%, up from 1.4% the previous year.

WOKE Target is pulling up stakes in Harlem because of rampant theft and violence — one of nine stores the discount chain plans to shutter in crime-riddled cities nationwide, the company said Tuesday.

The big-box retailer — which opened the East Harlem location to great fanfare in 2010 as a revitalization of the neighborhood — announced it will close all nine stores on Oct. 21.

“We cannot continue operating these stores because theft

Nordstrom. Walmart. Whole Foods. Starbucks. CVS.

These big chains and others have closed stores in major US cities recently, raising alarm about the future of retail in some of the country’s most prominent downtowns and business districts.

Several forces are pushing chains out of some city centers: a glut of stores, people working from home, online shopping, exorbitant rents, crime, looting and public safety concerns, and difficulty hiring workers.