San Francisco plots Mamdani-style state-backed grocery stores: ‘Zombie chains’
AI Summary
San Francisco is looking to revive small grocery stores by proposing two ballot measures for November. Supervisor Bilal Mahmood plans to set up a fund to support these stores and impose taxes on large chain corporations. This initiative aims to combat the decline of local businesses, often termed 'zombie chains,' and promote more sustainable, community-focused retail environments. The move is significant as it reflects a broader trend of cities seeking to balance economic growth with local business preservation.
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