After more than two decades, the Old Navy store at the corner of Market and 4th Street plans to shut its doors on July 1 when its current lease expires.
The parent company Gap says the way it leverages flagship locations has changed since it opened this location in the 90s.
"We have taken the difficult decision to close our Market Street store when the lease expires, and we are already working to identify new locations in Downtown San Francisco that will better serve the needs of the business and our customers," a company spokesperson told SFGate. Old Navy is the latest retailer to join the exodus from San Francisco's downtown and Mid-Market area.
at 5th and Market as well as its adjacent Nordstrom Rack store. citing deteriorating conditions in the neighborhood.
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San Francisco’s Market Street Old Navy to close, company saysThe iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
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Old Navy to close iconic SF Market St. store, company saysA company spokesperson said it will close the store once its lease expires and will close to the public this summer.
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Old Navy to shutter SF flagship, stay downtownOld Navy is closing its downtown flagship, but Gap says that doesn't mean it's leaving the embattled San Francisco shopping district.
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