Gap Will Split Into Two Companies; Old Navy Will Be A Separate Firm : NPR
Gap also said it plans to close about 230 stores over the next two years. The moves are the latest signs of turmoil in the retail industry, as Sears and other chains struggle to stay afloat.
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As Old Navy Splits From Gap Inc., Challenges Lie Ahead for the
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Gap Will Split Into Two Companies; Old Navy Will Be A Separate Firm : NPR