This Monday the spokesman for the US multinational American Telephone & Telegraph (AT&T) announced the permanent closure of the store located on Powell Street in the downtown area of â€‹â€‹Union Square, San Francisco due to changes and readjustments to adapt to the new buying habits of its customers.In this sense, the spokesperson said that the new plans “mean serving customers where they are through the right mix of retail stores, digital channels and our telephone service team,” he told Fox.
At the end of January, the company had some 160,700 employees on its total payroll, although it is not clear if there will be a reduction with this closure, the company assured that “they will be offered jobs in one of the many other retail stores in the city, the AT&T spokesperson said.
This company is not alone in announcing store closures in Downtown San Francisco, Old Navy, Nordstrom, Cinemark Holdings, Park Hotels & Resorts, Westfield, among others closed due to unstable business conditions and the current dynamics in the area that are not favorable for brands and companies.
Since the pandemic that caused strong economic impacts, the city of San Francisco is working to recover, after registering a gross domestic product of $250 billion dollars last year.
For his part, the representative of AT&T, noted that other locations in the city will remain open “the company is proud of its continued presence in the community, not only through our retail stores, but also our local investment in class connectivity with our 5G and fiber networks, he said.