Miguel Almiguar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Avoiding a recession? the jury is out on that. tom costello, thank you. amid economic uncertainty in san francisco, a famous mall is closing. the departure, a devastating blow as retailers abandon that city s downtown and others across america. miguel almiguar explains. reporter: once a crown jewel for retail shopping, tonight the westfield san francisco center is pulling the plug on its famed downtown mall. the stunning decision to walk away comes as the city struggles with homelessness and open-air drug market and the perception of crime. in a statement, westfield says, given the challenging operating conditions in downtown san francisco, which have led to declines in sales, occupancy, and foot traffic, we have made the difficult decision to transfer management. i don t come to san francisco anymore. let s put it that way. it s scary. reporter: as other cities like chicago and portland deal with major retail closures, the mall s demise in ....

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