The San Francisco Centre mall has lost nearly $1 billion in value in recent years, and its long-awaited auction has once again been delayed.

The Shoe Wiz is one of the last remaining stores at the San Francisco Centre mall.

"I'm supposed to be closed by now, but I'm hanging here to see what happens," said owner Sam Arguetta.

The 66-year-old took over the business about a decade ago when it was thriving. His team of four cobblers would mend and repair countless boots, heels, and dress shoes. Today, he works by himself.

"Just making little money to stay afloat. That's it. Nothing else," said Arguetta.

As stores continue to shutter throughout the mall one by one, the number of customers also drops.

"Every year and every day, it's going down and down," said Arguetta.

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