DOWNTOWN — The Old Navy flagship store Downtown is closing Tuesday after 10 years, a company spokesperson confirmed Monday.
The decision to close the location at 150 N. State St., came after a company review of the site.
“We regularly and thoughtfully review our real estate to support the best path forward for our brand and Gap Inc. Our Old Navy State Street location will close on Tuesday, 1/24,” 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 location will be open from 10 a.m. – 8 p.m. tomorrow before closing permantely.
News of the store’s potential departure was reported last July by Crain’s, when it was revealed that brokers at CBRE were marketing the 32,000-square-foot-space to other retailers.
Borders previously operated out of the space before Old Navy took over in 2012. Before that, Old Navy was operating out of 35 N. State, the current home of Primark.
Details about what will open next in the building were not immediately available.
The flagship’s departure is another blow to Downtown’s 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 in retail tenants since the pandemic began. 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 on the stretch.
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