The hits keep on coming for the beleaguered San Francisco Centre mall with the scheduled closure of the two-story Adidas store at 865 Market St. later this month.
A customer service representative confirmed that the Downtown San Francisco store will be closing on Jan. 13 and the vast majority of merchandise will be subject to a 50% discount. Notably, Adidas' popular Samba and Gazelle shoe lines are exempt from the sale.
The shuttering of the only Adidas store in San Francisco means that the closest retail location for the brand is at the San Francisco Premium Outlets in Livermore.
Last June, mall owners Westfield and its partner Brookfield decided to cease loan payments on the mall and cede the property to its lenders, citing declines in foot traffic and issues with street conditions.
That decision followed the announcement that the mall's anchor tenant, Nordstrom, would not renew its lease, leaving a huge hole across five floors of the property.
Since then, several businesses have closed their locations in the mall, including the Lego Store and the Cinemark movie theater. Additionally, the Westfield branding has been stripped from the property after the company's mortgage default.
A receiver has been appointed to manage the property, which opens up the potential for a sale. City leaders have pitched several ideas for the transformation of the property, including turning it into lab space, a soccer stadium or a new educational center for the University of California.
One architect also put forward a tongue-in-cheek proposal to turn the mall into a Legoland theme park.