Gap won’t say if closures will affect stores in tri-city area
Long-struggling Gap Inc. is closing nearly 200 stores and downsizing others in the U.S. as it focuses on international expansion, the San Francisco company said Thursday.
The apparel giant — parent to the Gap, Banana Republic and Old Navy chains — plans to reduce the number of Gap brand stores in North America to 700 by the end of 2013, a 21% decrease from the 889 that it operated at the end of July.
A Gap Inc. spokeswoman said the company wouldn’t reveal which stores would close.
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-- Andrea Chang, Los Angeles Times
Photo: The Old Navy in the Burbank Empire Center. Credit: File photo.