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]
underperforming
Macy’s To Close Dozens Of Stores In Early 2016
Just hours after Macy’s announced it would begin selling consumer electronics through Best Buy outlets in some of its stores starting this fall, the company announced it would also shutter dozens of underperforming locations beginning next year. [More]