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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Old Navy - Wikipedia
Old Navy - Wikipedia
Gap Will Split Into Two Companies; Old Navy Will Be A Separate
BREAKING: Gap to close more than 200 stores, split from Old Navy
Gap Is Spinning Off Old Navy Into a Separate Company
Gap and Old Navy will not split into two different entities
Gap to split into 2, with Old Navy gaining independence