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KGO ABC7 July 4, 2024

Macys says 150 of its stores will close over the next three years. 50 of them by the end of this year. The Union Square Location will not be part of the first 50 closures. Mayor london breed says macys is selling the property at union square and will remain open until after the sale or transition in. The mayor says the move has nothing to do with whats happening in downtown San Francisco. So weve had even this past Holiday Season between november 20th and the end of the year. Weve seen a significant decline in crime. And so we know this has nothing to do with that decision. Its really a larger business decision that macys has made. Macys says the closures are part of a shift in Business Strategy from large stores and malls to more boutique shops. Macys is t ....

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