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Bloomingdale's plans to close its flagship store in San Francisco's downtown mall in the coming months.
brand, owned by Macy's In a statement to FOX Business, the mall location will “remain open until late spring 2025,” before closing its doors.
Bloomingdale's location inside Downtown San FranciscoA shopping center near the city's Union Square area in downtown has nearly 339,000 square feet, according to a leasing 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 home to the brand for nearly two incredible decades” and that it “hopes to return to serve the San Francisco community in the future, and we look forward to introducing new ways to provide our enhanced service.” Loyal local shoppers.”
Michael Kors is closing its downtown San Francisco store
Bloomingdale's upcoming departure, previously reported by local media, follows the closing of its downtown San Francisco store by Michael Kors, a luxury brand known for its clothing and handbags.
In recent years, the San Francisco Center has lost tenants such as Adidas, American Eagle, J.Crew, Modul, Aldo, Nordstrom and Luxitan.
Shoppers inside the Westfield San Francisco Center mall in San Francisco, California, on June 13, 2023. (David Paul Morris/Bloomberg via Getty Images/Getty Images)
shopping center Stay home to Aritzia, Bath & Body Works, Coach, Kate Spade, Rolex, Ray Ban and Tumi, among others, according to its online store listing.
In June, the mall announced it had signed leases for seven new companies. That includes 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 took over the San Francisco center in 2023, and JLL, the company listed on the mall's website as the property manager, for comment on Bloomingdale's exit from the location.
Mayor Daniel Lowery called Bloomingdale's departure “disappointing” in the Post X on Tuesday.
San Francisco, California was named the best city to visit for the Thanksgiving holiday. (iStock)
The sprawling Union Square area has seen its share of retail exits over the past few years. The reasons have varied, with some pointing to business conditions, less traffic and changes in the retail sector.
In X's post, Lowry added that he is “energized every day by businesses of all sizes opening and growing in our city” and that the city “continues to work(s) to revitalize the city.” ”
“We are open for business here San Francisco“We're going to make sure downtown is safe and clean,” he said in an accompanying video. “We're going to launch a new police task force focused on people coming in for conventions, shoppers, visitors and making sure they feel safe.” They're doing security, just like we did last week for the JPMorgan Healthcare Conference and we'll be doing it for the Lunar New Year parade and the NBA All-Star Game.”
Nearly two dozen Walgreens stores in San Francisco
“There is so much to look forward to in our city. We are going to get it right. You have my commitment that our department heads, my team, will work tirelessly to ensure that retailers, businesses and conventions are brought to Bring it back to San Francisco.”