New Light on Formula Retail

January 23, 2014 –  The San Francisco Planning Department presented initial findings from the first phase of its study of Formula Retail (“chain stores”) Thursday. The study found of the more than 10,000 retail establishments in the city, only 11 percent fit the definition of ‘formula retail.” More than half of current formula retail uses are establishments that sell goods (such as groceries, clothing, jewelry, etc.), and a quarter are bars, restaurants and cafes. The Planning Department has undertaken this study in order to fully understand the benefits and impacts of both formula and non-formula retail in San Francisco’s neighborhoods. The Chamber continues to assist this effort by convening stakeholders to identify balanced policies that lead to successful and thriving neighborhood commercial districts. The Chamber testified at Thursday’s Commission hearing and participated in a recent formula retail focus group session at the Planning Department.  Read more.