{"id":1058330,"date":"2021-11-26T21:44:08","date_gmt":"2021-11-27T02:44:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1058330"},"modified":"2021-11-26T21:44:15","modified_gmt":"2021-11-27T02:44:15","slug":"san-francisco-tech-store-pays-30k-a-month-for-security","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/san-francisco-tech-store-pays-30k-a-month-for-security\/","title":{"rendered":"San Francisco Tech Store Pays $30K A Month For Security"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsan-francisco-tech-store-pays-30k-a-month-for-security%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1058330&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A San Francisco tech store is paying $30,000 a month for security due to a surge in organized robbery involving groups of looters who attack employees and escape with thousands of dollars in merchandise.<\/p>\n<p>Software retailer B8ta is paying the hefty sum for 24-hour security guards with bulletproof vests to prevent theft at its store in the Hayes Valley neighborhood of San Francisco.<\/p>\n<p>In February, a man came into the store, brandished a gun, and made off with two expensive laptops. B8ta closed the Hayes Valley location for seven months due to concerns about employee safety, as well as plummeting sales during the pandemic. The store opened again in September.<\/p>\n<p>B8ta CEO Vibhu Norby <a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/30-000-a-month-security-and-bulletproof-vests-16647428.php\">told<\/a> the San Francisco Chronicle that the $30,000 a month the store is now spending on security is more than the store spends to pay its approximately five employees. It is also more than the store pays in rent.<\/p>\n<p>\u201cWe\u2019re an unprofitable venture-backed company, and we have been since day one,\u201d Norby told the outlet. \u201cIt\u2019s something that most businesses can\u2019t afford, but we can.\u201d<\/p>\n<p>The store invested in the security guards because the location carries expensive products like Syng brand speakers, which start at $1,800, and Willo children\u2019s toothbrush \u201crobots,\u201d which sell for $250, Norby said.<\/p>\n<p>The CEO said the security team also protects the video production equipment B8ta has in the store for online streams to promote its products. The equipment would take weeks to replace, Norby explained.<\/p>\n<p>B8ta is far from the only retailer to be suffering from increased crime sprees in San Francisco. The city has seen a particularly high number of robberies involving merchandise worth tens of thousands of dollars.<\/p>\n<p>The store is two miles west of San Francisco\u2019s Union Square, where last Friday, looters carried out so-called \u201csmash-and-grab\u201d robberies at the Louis Vuitton store and other businesses in the area including a cannabis dispensary and a Walgreens.<\/p>\n<p>On Tuesday, San Francisco District Attorney Chesa Boudin announced charges against nine suspects, including burglary, grand theft, receiving stolen property, carrying a loaded firearm, and looting charges.<\/p>\n<p>\u201cI want to be clear about something. These are not petty thefts. This is not misdemeanor conduct. This is felony conduct and we are charging felonies today,\u201d Boudin said Tuesday at a news conference.<\/p>\n<p>\u201cYou will face serious consequences when you commit serious crimes in our city,\u201d Boudin said. \u201cThe charges that we\u2019re filing today are felonies.\u201d<\/p>\n<p>Companies like Kroger, CVS Health, and Walgreens have said that their stores have been affected by an increase in theft.<\/p>\n<p>Last month, Walgreens said it would close five stores in San Francisco due to organized retail theft.<\/p>\n<p>\u201cRetail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average\u201d even though the company has increased security, a Walgreens spokesperson <a href=\"https:\/\/www.nbcnews.com\/news\/us-news\/walgreens-closing-5-san-francisco-stores-shoplifting-fears-rcna3015\">said<\/a>.<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A San Francisco tech store is paying $30,000 a month for security due to a surge in organized robbery involving groups of looters who attack employees and escape with thousands of dollars in merchandise.Software retailer B8ta is paying the hefty sum for 24-hour security guards with bulletproof vests to prevent theft at its store in the Hayes Valley neighborhood of San Francisco.In February, a man came into the store, brandished a gun, and made off with two expensive laptops. B8ta closed the Hayes Valley location for seven months due to concerns about employee safety, as well as plummeting sales during the pandemic. The store opened again in September.B8ta CEO Vibhu Norby told the San Francisco Chronicle that the $30,000 a month the store is now spending on security is more than the store spends to pay its approximately five employees. It is also more than the store pays in rent.\u201cWe\u2019re an unprofitable venture-backed company, and we have been since day one,\u201d Norby told the outlet. \u201cIt\u2019s something that most businesses can\u2019t afford, but we can.\u201dThe store invested in the security guards because the location carries expensive products like Syng brand speakers, which start at $1,800, and Willo children\u2019s toothbrush \u201crobots,\u201d which sell for $250, Norby said.The CEO said the security team also protects the video production equipment B8ta has in the store for online streams to promote its products. The equipment would take weeks to replace, Norby explained.B8ta is far from the only retailer to be suffering from increased crime sprees in San Francisco. The city has seen a particularly high number of robberies involving merchandise worth tens of thousands of dollars.The store is two miles west of San Francisco\u2019s Union Square, where last Friday, looters carried out so-called \u201csmash-and-grab\u201d robberies at the Louis Vuitton store and other businesses in the area including a cannabis dispensary and a Walgreens.On Tuesday, San Francisco District Attorney Chesa Boudin announced charges against nine suspects, including burglary, grand theft, receiving stolen property, carrying a loaded firearm, and looting charges.\u201cI want to be clear about something. These are not petty thefts. This is not misdemeanor conduct. This is felony conduct and we are charging felonies today,\u201d Boudin said Tuesday at a news conference.\u201cYou will face serious consequences when you commit serious crimes in our city,\u201d Boudin said. \u201cThe charges that we\u2019re filing today are felonies.\u201dCompanies like Kroger, CVS Health, and Walgreens have said that their stores have been affected by an increase in theft.Last month, Walgreens said it would close five stores in San Francisco due to organized retail theft.\u201cRetail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average\u201d even though the company has increased security, a Walgreens spokesperson said.The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":107,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1058330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1058330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1058330"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1058330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1058330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1058330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1058330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}