Article 6C5TS Mall owner Westfield gives up San Francisco center as foot traffic dwindles

Mall owner Westfield gives up San Francisco center as foot traffic dwindles

by
Rose Horowitch
from US news | The Guardian on (#6C5TS)

City will lose one of its largest shopping centers as challenging conditions' downtown compel company departure

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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