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06/16/2015 12:10 PM ID: 100719 Permalink   

Gap to Close 175 Locations, Eliminating 250 Jobs at Headquarters

 

Gap Inc. said Monday that it will shutter 175 stores in North America in the current fiscal year.

The company is also cutting 250 jobs at its headquarters in San Francisco as the company tries to strengthen the struggling brand.

The store closings and job cuts will save the retailer around $25 million a year.

 
  Source: www.upi.com  
    WebReporter: edie Show Calling Card      
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