Doors Closed

Mike Mozart

Gap Closing 200 Banana Republic, Gap Stores; Opening 270 Old Navy, Athleta Locations

It’s out with the old — or underperforming — and in with the new at Gap. In a bid to turn around sales and get people into stores, the mall staple says it will close about 200 Banana Republic and Gap locations, while opening 270 Old Navy and Athleta stores over the next three years. [More]