Allbirds Closes Last SF Store

Allbirds, the tech-favorite shoe company known for its woolen slip-ons, has closed its last brick-and-mortar location in San Francisco, marking a significant retreat from physical retail. This closure follows the shutdown of its flagship store in Jackson Square last year. The company, which went public in 2021, has struggled with financial losses, reporting a net loss of $20.3 million in the last quarter of 2024. Despite initial popularity among tech elites and celebrities, Allbirds has faced challenges in expanding its product line and maintaining profitability.