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Gap to Close Chicago Flagship Store in January as It Cuts Brick-and-Mortar by 30%

Move Is Part of Struggling Retailer’s Strategy to Save on Real Estate Costs
Gap said it will close its flagship at 555 N. Michigan Ave. in downtown Chicago by the end of January. (CoStar)
Gap said it will close its flagship at 555 N. Michigan Ave. in downtown Chicago by the end of January. (CoStar)
By Jennifer Waters
CoStar News
December 9, 2020 | 3:58 P.M.

Gap confirmed it is ending an era of peddling its iconic pocket T-shirts and jeans in downtown Chicago when it closes its multilevel flagship store on Michigan Avenue after two decades.

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