Natalia Chi
DOWNTOWN – The Old Navy Downtown flagship store will close Tuesday after 10 years, a company spokesperson confirmed Monday.
The decision to close the location at 150 N. State St. came after a corporate review of the site.
“We regularly and carefully review our properties to support the best path forward for our brand and Gap Inc. Our Old Navy State Street location will close on Tuesday, January 24,” a spokesperson confirmed in an email. “Local customers can continue to shop at our other Chicago locations, including Roosevelt Collection, North & Kingsbury and Riverpoint Center, or shop our family of brands online.”
The office will be open from 10:00 to 20:00 tomorrow before closing permanently.
News of the store’s potential departure was reported last July by Crain’s, when it was revealed that CBRE’s brokers were marketing the 32,000-square-foot space to other retailers.
Borders previously operated out of space prior to Old Navy took over in 2012. Prior to that, Old Navy operated out of 35 N. State, Primark’s current headquarters.
Details on what will open next in the building weren’t immediately available.
The departure of the flagship is another blow to the Downtown retail market as other stores like DSW, Urban Outfitters and New York & Company have also recently left the State Street corridor.
Downtown’s Michigan Avenue has also seen an exodus of retail tenants since the start of the pandemic. Macy’s, Abercrombie & Fitch, David’s Tea and Papyrus have all left Water Tower Place, and Uniqlo, Gap, Topshop, Banana Republic and Cartier have also closed their doors.
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