San Francisco Centre Bloomingdale’s location closing

Bloomingdale’s plans to close its huge store in a downtown San Francisco mall in the coming months.

The brand owned by Macy’s In a statement to FOX Business, the mall location will “remain open until late spring 2025” and then close its doors.

Bloomingdale’s location inside Downtown San FranciscoThe downtown mall near the Union Square area is about 339,000 square feet, according to a lease brochure.

A shopper carries bags at Bloomingdale’s in San Francisco, California on July 25, 2024. (David Paul Morris/Bloomberg via Getty Images/Getty Images)

Bloomingdale’s also said that San Francisco has “been the brand’s home for nearly two incredible decades” and that it “hopes to return to serve the San Francisco community in the future and looks forward to introducing new ways to expand our services.” local buyers”.

MICHAEL KORS CLOSING DOWNTOWN SAN FRANCISCO STORE

Bloomingdale’s upcoming exit, previously reported by local media, follows Michael Kors, the luxury brand known for its clothing and bags, closing its downtown San Francisco store.

Downtown San Francisco has lost tenants such as Adidas, American Eagle, J. Crew, Madewell, Aldo, Nordstrom and L’Occitane in recent years.

Shoppers at the Westfield San Francisco Center mall in San Francisco, California on June 13, 2023. (David Paul Morris/Bloomberg via Getty Images/Getty Images)

The trade center stays at home Aritzia, Bath & Body Works, Coach, Kate Spade, Rolex, Ray Ban and Tumi, among others, according to its online store directory.

In June, the mall said it closed on seven new leases, including five for retail and two for offices, according to the San Francisco Chronicle.

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FOX Business reached out to Trident Pacific Real Estate Group, the company that became the receiver of the San Francisco Center in 2023, and JLL, the company listed on the mall’s website as managing the property, for comment on Bloomingdale’s departure.

Mayor Daniel Lurie called Bloomingdale’s exit “disappointing” in an X post Tuesday.

San Francisco, California ranked as the best city to visit this Thanksgiving holiday. (iStock / iStock)

The wider Union Square area has seen its share of retail exits over the past few years, with some pointing to business conditions, low traffic and shifts in the retail industry.

In X’s post, Lurie added that he is “invigorated every day by the businesses of all sizes opening and growing in our city” and that the city “keeps going.”[s] to work towards the revitalization of the city.”

“We are open for business here San Francisco” he said in an accompanying video. “We’re going to make sure downtown is safe and clean. We’re going to create a new police task force focused on people who come to conventions, shoppers, visitors to make sure that make them feel safe, just like we were able to do for JPMorgan’s healthcare conference last week, and we will for Lunar New Year’s Parade celebrations and the NBA All-Star Game.”

A DOZEN WALGREENS STORES TO CLOSE IN SAN FRANCISCO

“There’s a lot to look forward to in our city. We’re going to get it right. You have my commitment to our department leaders to work tirelessly to make sure we bring retailers, businesses, conventions back to San Francisco.”