Luxury retailer Nordstrom plans to close both of its downtown San Francisco stores because of dramatic changes in the area in the last few years, according to the company.
In all, the company will walk away from nearly 358,000 square feet of downtown retail space. The Nordstrom Rack store on Market Street will close July 1 and the Nordstrom at Westfield San Francisco Centre will close at the end of August, according to a letter circulated on social media.
Jamie Nordstrom, chief stores officer of the brand, reportedly wrote to staff May 2 announcing the company’s decision not to renew leases at the San Francisco Center Nordstrom store and the Market Street Rack store….