Saks Fifth Avenue joins retail exodus from San Francisco amid crime concerns

Saks Fifth Avenue will close the doors of Union Square permanently in San Francisco on May 10. The luxury retail seller joins a long list of brands that closed San Francisco sites.

In July 2024, the store announced that it will move to an appointment form only, which means that those who are looking for free browsing will have to go to another place. The brand also implemented this policy on FIFTH Avenue Club sites in Palu Alto and Naba.

“While we saw useful participation and success through coordination only, we made this decision as part of our integration process and we focus on long -term growth. We look forward to serving the Gulf region community in Neiman Marcus San Francisco, Neiman Marcus Palo Alto, The Fifth Avenue Club Palo Alto and Saks.com and Neimanmuss.com.

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“Transfer opportunities will be provided to Neiman Marcus San Francisco wherever possible, appropriate separation packages will be presented.”

Saks Fifth Avenue has played Union Square since 1981.

San Francisco has lost a number of luxury retailers in recent years. ( / Istock)

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Other luxury retailers, Bloomingdale’s, are scheduled to close their location at San Francisco Center, by late Spring in 2025.

Bloomingls also said that San Francisco “was home to the brand for nearly two incredible decades” and that “it was hoped that she would return to serve the San Francisco community in the future.[s] Front to provide new ways to provide a reinforced service to our loyal local shoppers. “

The Saks Fifth Avenue Corporate logo is suspended in the front window of their store at Wilshire Boulevard on April 14, 2023, in Los Angeles. (Gary Hershorn / Getty Emp)

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The crime in San Francisco forced retailers and other companies to close their doors. Deniz, Walgarins, Michael Kors and others closed the San Francisco sites. So far in 2025, San Francisco Police Department has registered more than 8,100 crime reports, including 530 robbery and more than 4,600 cases of theft.

Fox Business has arrived at the Union Square Alliance for comment.

Aislinn Murphy Fox Business contributed to this report.