YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Gap Inc. plans to close about 350 of its namesake and Banana Republic stores.
The closure plan, amounting to 30% of its footprint, is slated to be completed by the beginning of 2024. The company would have 870 stores remaining after the planned closures.
“We’ve been overly reliant on low-productivity, high-rent stores,” said Mark Breitbard, global head of the Gap brand.
Read more from The New York Times.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach