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Gap is closing 175 stores. Is the preppy look losing its appeal?

2015-06-17 05:14:35| Apparel - Topix.net

Gap will close a quarter of its North American specialty stores over the next few years, including 140 closures that will happen during the 2015 fiscal year. With slumping sales, what does the retailer need to do to turn things around? Clothing retailer Gap is closing a quarter of its specialty stores in North America within the next few years in an attempt to revive its lackluster sales.

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