The wireless operator said Friday it could close its flagship store in downtown San Francisco, adding to real estate woes in a once-thriving tech hub that has been hit particularly hard by the pandemic.
San Francisco stores are closing their doors in an try to shrink real estate in the face of declining customer visits, occupancy and sales.
Office buildings are standing empty as increasingly more people earn a living from home, compounded by large layoffs at big tech firms.
AT&T said its Powell Street store will close on August 1 and all retail employees affected by the change will be offered jobs at one in every of the town’s other locations.
“Consumers’ shopping habits are always changing, and we’re changing with them. This implies serving customers where they’re, through the correct combination of retail stores, digital channels and our telephone support team,” an organization spokesperson said.
![AT&T logo](https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000009896538.jpg?w=1024)
![Powell Street in San Francisco](https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000011207762.jpg?w=1024)
Earlier this week, Unibail-Rodamco-Westfield said it could hand over its Westfield San Francisco mall to lenders.
Last month, Nordstrom said it was going to present up its store in the mall.
Real estate investment fund Park Hotels & Resorts also said last week it had stopped making payments to a $725 million mortgage tied to the Hilton San Francisco Union Square and Parc 55 hotels.
In April, AT&T reported disastrous money flow and missed market estimates for first-quarter revenue, highlighting the toll on strained consumer wallets.