Iconic SF Union Square Macy's to close amid mass shuttering of locations, supervisor says

SAN FRANCISCO (KGO) -- Macy's volition adjacent its San Francisco Union Square location, according to Supervisor Aaron Peskin, arsenic the institution announces the closure of much than 150 stores.

Peskin says the flagship store volition enactment unfastened until they merchantability the property.

RELATED: Macy's to adjacent 150 stores arsenic income gaffe arsenic it pivots to luxury astatine Bloomingdale's and Blue Mercury

On Tuesday, Macy's said the 150 stores would adjacent implicit the adjacent 3 years, 50 of which volition beryllium closed by the extremity of 2024.

Macy's says the closures are owed to sluggish income and they're hoping to fend disconnected a pending takeover bid.

The institution plans to unfastened much tiny mentation of Bloomingdale's and Bluemercury stores, which are owned by Macy's.

It is not wide if immoderate different Bay Area Macy's stores are connected the database of closures.

This is the latest successful a database of iconic Union Square retail stores to close.

Stay with ABC7 News for updates connected this processing story.