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Economy
San Francisco Old Navy to become latest store to shut down in crime-ridden city
2023-05-28
[NYPOST] An Old Navy store that has been in the Socialist paradise of San Francisco
...where God struck dead Anton LaVey, home of the Sydney Ducks, ruled by Vigilance Committee from 1859 through 1867, reliably and volubly Democrat since 1964...
for three decades is slated to shutter this summer — adding to the growing list of retailers closing down throughout the crime-plagued city.

The Market Street location — located just three miles away from its corporate headquarters — will shut down July 1 once its lease expires, according to a company statement.

"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," said Gap Inc., which owns a number of retailers including Gap, Banana Republic and Athleta.
"Humina humina humina"
The company said that "the way we leverage flagship locations has changed" since it opened the Market Street location in the 1990s, but is working to find a new location in downtown San Francisco to replace the empty storefront.

The Old Navy closure comes just weeks after Gap. Inc revealed it would slash 1,800 jobs across the country as part of a cost-cutting reorganization.

Posted by:Fred

#3  I do love their HQ having to suffer the consequences of their corp policies. Sympathy level = ZERO
Posted by: Frank G   2023-05-28 18:08  

#2  Screw 'em. Old Navy is owned by Gap, Inc., and Gap (HQ in San Fran) amazingly has a CEI score of 100.

Posted by: DooDahMan   2023-05-28 15:11  

#1  This is different. The press release doesn’t mention the fact that only thrives are visiting this store. This is about leveraging incoherent business platitudes.
Posted by: Super Hose   2023-05-28 07:38  

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