Gap announces plans to close UK stores – 19 shops affected

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Sumary of Gap announces plans to close UK stores – 19 shops affected:

  • “One of the options being explored is the possible closure of our company-operated Gap stores in the United Kingdom, France, Ireland and Italy at the end of the second quarter in 2021.”.
  • At its height, the retailer was one of the most recognised clothing brands in the world, with stores across the world..
  • However, a shift in consumer behaviour as well as stores being closed for several months at a time mean many retailers have had to close down..
  • Debenhams announced in May that it would be closing its remaining 15 stores, closing the door on more than 200 years of trade on UK high streets..
  • In February, Topshop and three other Arcadia brands permanently closed their doors as Asos confirmed it would takeover the brands, At the time, Asos chief executive Nick Neighton said:.
  • Chocolatier Thorntons also closed all of its UK stores and John Lewis has also taken a hit, with the retailer closing down multiple stores…

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