AT&T will close its flagship store near San Francisco’s Union Square, joining Nordstrom, Old Navy, Anthropologie, H&M, Crate & Barrel and most recently Cinemark.
The Dallas-based telecommunications company will close its San Francisco Powell Street store at 1 Powell Street, the latest closure to hit Union Square, San Francisco Chronicle reports.
The corner store near the cable car bend on Market Street will be closed Aug. 1, an AT&T spokesman said.
“Consumers’ shopping habits are changing, and we are changing with them,” Collins told The Chronicle. “That means serving customers through the right mix of retail stores, digital channels and our telephone service team.”
After Cinemark, AT&T Flagship Is Closing Announced plans to close movie theaters at Westfield San Francisco Center mall, the phone shop across the street from the market. Its Century San Francisco Center 9 and XD theaters are closed this week.
Closure is after Westfield and Brookfield Properties make national headlines Blaming it for falling sales, low footfall and Rising crime In the age of online shopping and remote working.
After Nordstrom’s exit, the owner will stop paying $558 million in mortgage payments.
Exactly what will happen to the 1.8 million square feet of retail and office space across from the Powell Street cable car turnaround station is unknown.
The city’s image problems, which some say are based more on perception than reality, mean that the national chains needed to fill Union Square’s vast retail space may be hard to come by. chronicle reporta quarter of Union Square’s storefronts are now vacant.
— Dana Bartholomew
