Bloomingdale's announced Tuesday that it is closing its store in the struggling San Francisco Centre mall, the latest blow to retail in the city's downtown.
Bloomingdale 's announced Tuesday that it is closing its store in the struggling San Francisco Centre mall, the latest blow to retail in the city's downtown.A spokesperson for the company confirmed to CBS News Bay Area that the store on Market Street will close in late spring after two decades in the city.
Soon after, Cinemark closed its theater at the mall.Westfield's parent company and its partner eventually stopped making payments on a $558 million loan on the property and transferred management of the shopping center to the lender.The retailer is owned by Federated Stores, which also owns Macy's.
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