Picture through BGStock72 / Shutterstock.com
The gap closes all 81 stores in the UK and Ireland by the end of September this year. This happens when a brand adapts to changes in purchasing trends after a pandemic and decides to move entirely online.
This means the end of a long spell in the UK, given that Gap opened its first retail store outside the United States in London in 1987. It has also been present in Ireland since 2006.
By CNN, an American clothing retailer that also owns brands such as Old Navy and Banana Republic, said all stores operated by the company will be closed.
Stateside, opening had previously announced a three-year plan to close one-third of its retail stores by moving to an e-commerce state where there has been an upswing since the COVID-19 pandemic. The company has not commented on how many employees are expected to lose their jobs due to the closure.
“It simply came to our notice then we are going through a negotiation process with our European team and offering support and transition to our colleagues as we look to close the stores, ”Gap said.