Join our Waitlist for Expert Advice!

Nordstrom Is Closing Both Downtown San Francisco Locations: 'Dynamics' Have 'Changed Dramatically' The retailer's two locations on Market Street will shut down by August.

By Madeline Garfinkle

Opinions expressed by Entrepreneur contributors are their own.

Justin Sullivan | Getty Images
Westfield Mall in San Francisco.

Nordstrom is the latest big-name retailer to leave San Francisco.

The department store announced on Tuesday it will close its downtown San Francisco locations — one in Westfield Mall (which will close at the end of August) and a Nordstrom Rack nearby on Market Street (closing on July 1).

"Decisions like this are never easy, and this one has been especially difficult," said Nordstrom's Chief Stores Officer, Jamie Nordstrom, per NBC Bay Area. "But as many of you know, the dynamics of the downtown San Francisco market have changed dramatically over the past several years, impacting customer foot traffic to our stores and our ability to operate successfully."

While NBC Bay Area was reporting on the closure, police were called to the Nordstrom Rack for a disturbance.

Nordstrom's exit comes mere weeks after Whole Foods announced it would close its downtown location due to safety concerns and drug use in the neighborhood. A Westfield Mall spokesperson told CNN that Nordstrom's departure from the mall emphasizes the "deteriorating situation" in downtown San Francisco.

"A growing number of retailers and businesses are leaving the area due to the unsafe conditions for customers, retailers, and employees, coupled with the fact that these significant issues are preventing an economic recovery of the area," the mall said.

Related: Google Pledges $1 Billion to Address Bay Area Housing Crisis

Since 2020, at least 20 retailers have closed up shop in San Francisco's Union Square area, 11 of which closed in 2023 alone, according to The San Francisco Standard.

Westfield Mall owner, Unibail-Rodamco-Westfield, told the outlet that he has expressed concern to city officials for years and has "urged the city to find solutions to the key issues and lack of enforcement against rampant criminal activity."

Nordstrom's Westfield Mall location occupies 312,000 square feet on five floors.

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Want to Start a Small Business? Here Are the Best States to Try (and the Ones to Avoid).

Plus, here's how many businesses closed in your state last year.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Science & Technology

Don't Wait For Disaster to Strike — These 5 Preventive Measures Can Protect Your Business From All Kinds of Risk

In a landscape where cyberattacks, regulatory fines and reputation threats loom large, proactive risk management is not just an option — it's essential for long-term success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

How NFL Star Quarterback Kyler Murray Shut Down Internet Trolls and Turned His Love of Gaming Into a 'Call of Duty' Partnership

The Arizona Cardinals quarterback explains how he silenced critics and teamed up with the Call of Duty Endowment program to pursue his passion.