San Francisco supervisors are promoting legislation to attract chain retailers to Van Ness Avenue to address numerous vacant storefronts. The initiative aims to minimize the lengthy and costly approval process that discourages large retailers from opening shops in the area. The proposal specifically targets 'formula retail,' defined as any business with 11 or more locations. This change comes in light of the city's previous focus on preserving local businesses and preventing the dominance of big box retailers, suggesting a strategic shift to diversify retail offerings in underutilized properties.
The proposed legislation aims to streamline the approval process for chain retailers on Van Ness Avenue, potentially attracting more businesses and reducing the number of vacant storefronts.
Supervisors argue that allowing chain stores could bring more retail options to San Francisco and help rejuvenate areas suffering from a high number of empty shops.
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