Gap and Banana Republic are closing more than 225 store locations this year — nearly three times more than were previously announced — with the company warning more closures would follow next year. Justin Sullivan/Getty Images
Gap and Banana Republic are closing more than 225 store locations this year — nearly three times more than were previously announced — with the company warning more closures would follow next year. Justin Sullivan/Getty Images
Gap and Banana Republic are closing more than 225 store locations this year — nearly three times more than were previously announced — with the company warning more closures would follow next year.
Gap, which owns the Banana Republic brand, announced in March that it would close 90 stores. The drastic increase announced Thursday underscores how badly retailers are struggling during the pandemic.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(0) comments
Welcome to the discussion.
Please log in, or sign up for a new, free account to read or post comments.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.