Nationwide mall closures continue as San Francisco theater shuts down.

1 min read
Source: KGO-TV
Nationwide mall closures continue as San Francisco theater shuts down.
Photo: KGO-TV
TL;DR Summary

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%.

Share this article

Reading Insights

Total Reads

1

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

85%

65195 words

Want the full story? Read the original article

Read on KGO-TV