Wag! Group Co. has filed for bankruptcy and plans to restructure, transferring ownership to Retriever LLC. The pet services company, once valued at $650 million, has seen massive losses, especially after COVID-19 hit.

San Francisco's Mayor Lurie signed the PermitSF package, streamlining the permitting process for small businesses, cutting red tape, and eliminating some permit requirements.

Figma, a design software firm, has filed for an IPO with the SEC and plans to list on the NYSE under "FIG." The company, once eyed by Adobe for acquisition, reports $749 million in 2024 revenue but faces losses, mainly from stock-based compensation.

Public Land SF, a new store rooted in ecological literacy and slow commerce, celebrated its grand opening in San Francisco's Inner Richmond neighborhood on June 21st.

A new Thai massage business will soon open at 4141 18th Street (between Castro and Collingwood streets), formerly the novelty and adult product shop Does Your Mother Know.

Central Drug Store in San Francisco's Excelsior is closing after 116 years. Owner Jerry Tonelli is retiring, ending the store's multi-generational service to the community.

Here's a brief roundup of recent changes to Castro area businesses. In this edition, a plant shop shutters, a small group fitness studio expands, and a restaurant adjusts its hours.

Japan Video, a cultural staple in San Francisco's Japantown for over 38 years, is closing down in May. The store was known for its Japanese and Korean video collection and anime merchandise.

Regeneron Pharmaceuticals is acquiring the assets of 23andMe for $256 million, excluding its Lemonaid Health business, as the company faces layoffs and office closure due to financial struggles and a past cyberattack.

San Francisco's Union Square welcomes a new Nintendo flagship store, providing an immersive retail experience with exclusive merchandise and a custom gaming zone.

California is now the world's fourth largest economy, surpassing Japan, with a GDP of $4.1 trillion. Governor Newsom attributes this to investments in people and innovation but warns that Trump's tariff measures could harm growth.

Goodwill San Francisco Bay is closing 11 locations and its headquarters after merging with other chapters, citing financial sustainability goals. This leads to layoffs and concerns about service disruptions for veterans and other clients.

Apple airlifted iPhones from India to the US to avoid tariffs on Chinese goods, shipping an estimated 1.5 million units amid fears of significant price hikes due to the trade war.