Bloomingdale’s has announced that it will shut its flagship store in the struggling San Francisco Centre Mall.
It marks the end of the department store chain’s nearly two decades on Market Street. Bosses blamed changes in the retail landscape.
The store is set to close by the end of March, leaving the embattled mall without its last major anchor tenant.
Around half of stores are empty after retailers have fled since the pandemic amid crime in the area. Nordstrom left last year after 40 years.
Bloomingdale’s has 32 departement stores and 21 outlet shops in the US. Owner Macy’s is in the middle of a three-year cost cutting pan that includes mass store closures.
Macy’s plans to shut 150 underperforming stores by the end of 2026. The the first 66 have been named and will stop serving customers in coming weeks.
“We are saddened to confirm that Bloomingdale’s will officially close its doors in Union Square, San Francisco,” a Macy’s spokesperson said.
“While we are committed to this decision, our doors will remain open until late spring 2025.”