Old Navy shuttering its San Francisco Market Street flagship store

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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