San Francisco's The Market at 1355 Market St. to End Grocery Operations Amidst Sales Decline and Theft Issues
The Market at 1355 Market St. is closing its grocery department due to declining sales and theft, while food venues remain open during restructuring. Owner Chris Foley cited decreased foot traffic and city conditions for the closure.
Seagate Technology Set to Acquire Intevac in $119 Million Deal, Bolstering Data Storage Capabilities
Seagate Technology is set to acquire Intevac Inc. for around $119 million, or $4 per share, with added dividends making the total per-share value $4.102. The deal is supported by major Intevac shareholders and expected to complete by early April.
Netflix Hikes Subscription Prices Amid Surge in Subscribers and Exclusive Content Success
Netflix has announced price increases for its subscription plans, with the Standard plan rising to $17.99 and the Premium to $24.99. This follows a surge in subscribers and successful original content and live sports streaming.
Bay Area's Books Inc. Seeks Renewal Through Chapter 11 Bankruptcy, Closes Berkeley Store Amid Reorganization Efforts
Books Inc., a long-standing Bay Area bookstore chain, has filed for Chapter 11 bankruptcy and closed its Berkeley location to reorganize for a sustainable future, and has asked for community support.
Bloomingdale's to Bid Farewell to Flagship Store at San Francisco's Westfield Centre
Bloomingdale's is closing its San Francisco flagship store, reflecting Macy's retail cutbacks. While the city's mayor remains optimistic about the future, the closure adds to the Westfield San Francisco Centre mall's challenges.












