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To: TobagoJack who wrote (81334)10/15/2011 12:51:25 AM
From: elmatador  Read Replies (1) of 218124
 
Gap closing about fifth of U.S. stores, expanding in China

The struggling retailer, which runs the Gap, Old Navy and Banana Republic chains, detailed plans on Thursday to close 189 locations, or 21% of its namesake Gap stores in the U.S., by the end of 2013. At the same time, the largest U.S. clothing chain said it plans to triple the number of Gap stores in China from about 15 by the end of the year to roughly 45 by the end of next year

usatoday.com
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