About 175 Gap stores will be closed in the United States and Europe – Kommersant

                             
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The largest US clothing retailer Gap is going to close 175 stores the main brand in the US and Europe, reports CBS. It is noted that the company plans to close stores because of the low income level or location in inconvenient places.

«Return Gap brand to its former position has been my priority since assuming the post four months ago “- said the head of the Art Pack. It is noted that in addition to the closing of stores, the company is going to lay off 250 headquarters staff.