Old Navy to close iconic SF Market St. store, company says

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A Gap spokesperson said it will close the store once its lease expires and will close to the public this summer.

Old Navy announced on Friday it will close its Market St. store after nearly three decades.

A Gap Inc. spokesperson said it will close the store once its lease expires and will close to the public on July 1. The company said it is looking at other locations in downtown San Francisco that "will serve the needs of businesses and our customers."The video in the player above is not related to the current story. The ABC7 Bay Area 24/7 streaming channel allows you to see news throughout the day.

People walk past Old Navy's flagship store during their Thanksgiving day sale in San Francisco, Thursday, Nov. 26, 2009.

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