Other retailers like Nordstrom's have also announced store closures in the downtown San Francisco area.
"Old Navy is always evaluating its real estate portfolio to ensure a healthy fleet of stores that can provide the best possible experience for our customers," a company statement said. "Since our Market Street store opened in the 1990s, the way we leverage flagship locations has changed."
An Old Navy store in downtown San Francisco. The store will close July 1, Gap Inc. said in a statement, making it the latest retailer in the area to shut down their location. The company is exploring new downtown locations "will better serve the needs of the business and our customers." "Gap Inc. has deep roots in San Francisco and is committed to the city," the statement said. "We recently invested in renovating our Downtown San Francisco hub where our teams come together to develop new consumer experiences and product innovations."
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