After nearly 70 years anchoring Union Square, Macy's is saying goodbye to downtown San Francisco
Macy’s will close its downtown San Francisco store in Union Square, Mayor London Breed confirmed in a statement Tuesday.
The retail giant announced in an earnings call that morning that it would close 150 stores over the next three years, including 50 in 2024. Breed said San Francisco was not among the initial wave of planned closures, and that Macy’s “will stay open for the foreseeable future” while the company explores selling the 170 O’Farrell St. location.
“The City will continue to work closely with Macy’s and any potential new owner to ensure this iconic location continues to serve San Francisco for decades to come,” Breed said. The San Francisco Business Times, citing a source with detailed knowledge, first reported the news of Macy’s departure from The City.
Macy’s forthcoming departure is the latest in a retail exodus from downtown San Francisco, with Old Navy and Nordstrom also closing within the last year. The Westfield Mall parent company relinquished ownership of the location last year as well.
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