Nationwide mall closures continue as San Francisco theater shuts down.
TL;DR
Cinemark Century San Francisco, located in the Westfield Mall, will close after Thursday's matinee shows due to local business conditions. This is the latest closure in the downtown shopping district, with Westfield also giving up the mall and numerous other businesses closing. Experts say that movie theaters nationwide are struggling compared to pre-COVID numbers due to the rise of streaming services, and the number of screens in the country is down 5% since the pre-pandemic peak. Before the closure of Cinemark, Westfield's occupancy level had dropped to 55%, compared to a national average of 93%.
- Cinemark theater closes at SF Westfield Mall but expert says it's part of nationwide issue KGO-TV
- Westfield Gives Up San Francisco Mall, Signaling More Pain Ahead The New York Times
- Why the closure of a San Francisco movie theater may be part of a nationwide issue ABC7 News Bay Area
- The future of Westfield's SF mall is uncertain SFGATE
- Here's The Real Reason Why Downtown Malls Are Closing (It's Not Crime) TheStreet
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