Jeffrey’s Toys, an 86-year-old San Francisco institution credited with inspiring Toy Story, is closing its last store in the crime-ridden Californian city due to disorder downtown and crippling rent payments.
“The store has been struggling for a number of years, due to the perils and violence of the downtown environment, inflation, the decrease in consumer spending and the demise of retail,” explained Ken Sterling of Sterling Venture Law, an attorney for the Luhn family, which has managed the business for generations.
“The family is saddened it has come to this and we’ve explored all other options to try and keep the business going. The leadership of the City of San Francisco and the Downtown Association have their work cut out for them on how to revitalize what was once a vibrant and fun downtown experience,” Sterling added.
Michael Luhm, a former Toy Story and Simpsons animator who ran the store with his father, warned before Christmas that the business was doomed unless the Democrat-controlled city changed course.
“We’re putting our money in, we’re putting our hard work in, and we’re putting our love into it. But, in the relationship we have with the city, that’s not being returned,” Luhn lamented.
He said the store was $20,000 per month in rent and suffering losses due to the city’s failure to tackle theft and fencing. He even described losing an employee of five years after someone threw her into a wall and tried to stab her.
Jeffrey’s will be shuttered for the last time at the end of February.