Westfield mall firm gives up San Francisco center as Nordstrom closes

1 year ago 48

City will lose one of its largest shopping centers which saw a decline in economic activity, occupancy and foot traffic

Westfield is ceding control of its San Francisco mall, the latest business to leave the city as it struggles to recover its pre-pandemic commerce levels.

The mall, located at 865 Market St, is among the city’s largest shopping centres. In a statement, to the San Francisco Chronicle, which was the first to report news of the planned closure, the company cited “challenging operating conditions” in the city’s downtown area as the reason for its departure. It has seen a decline in sales, occupancy and foot traffic, the company added.

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