a day ago
- Business
- San Francisco Chronicle
S.F.'s biggest mall loses another clothing store as building's auction is delayed again
San Francisco Centre, the city's biggest mall, is losing yet another store. Clothing retailer Milk Tee is closing after five years.
'Unfortunately, due to the lack of improvement for businesses in the city's environment, high theft, and low sales overall at San Francisco Centre, it has driven us to take on this difficult decision,' the company wrote on Instagram.
Products are discounted by 30% to 50%.
Dozens of stores including Bloomingdale's, Razer and Kate Spade have left the mall, which had been set to go to auction next week. But the auction was delayed until July 24 — the fifth time it's been rescheduled — according to a listing on First American Title Insurance Company. Reasons for the delay are unclear.
In contrast, Japantown and Stonestown Galleria malls are seeing a business boom and new store and restaurant openings. Retail experts credit new Asian retailers, parking and lower crime in those malls for their success.
