http://www.sacbee.com/2011/10/13/3979055/gap-to-close-200-us-stores-as.htmlLOS ANGELES -- 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 percent 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.
"We've been in some malls for a really long time; in some instances the demographics may have changed, so it may not make sense for a Gap brand store to be there anymore," spokeswoman Louise Callagy said. "The goal overall is to return the brand to health, and part of a healthy brand is a high-performing fleet" of stores.
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