Posted on 06/15/2015 4:06:50 PM PDT by Red in Blue PA
(Reuters) - Apparel retailer Gap Inc (GPS.N) said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake brand.
San Francisco-based Gap also said it would cut 250 jobs at its headquarters.
The company did not say how many employees would be laid off as a result of the store closures. As of Jan. 31, Gap had about 141,000 full- and part-time employees in about 3,700 company-owned and franchise stores worldwide.
(Excerpt) Read more at finance.yahoo.com ...
....getting ready to send jobs to other countries while our workers get nothing except more taxes, increased health care cost, losing more of our homes, less food in our family mouths...
...sounds good to pass the ttp/tpa bills..../s
...way to demonRATS and GOP....
Back in the 1980s, it was The Gap, a record store and then the Orange Julius. Nobody knew what Starbucks was, or even smartphones and MP3s. Now we have to listen to the year 2525 by Zager and Evans and pretend we are impervious to all that it implies.
Never visited one of there stores, so I can’t comment!
This should free up a lot of money in order to pay the remaining employees a living wage.
The only pieces of GAP clothing I’ve ever owned...were found at Goodwill or St. Vinnie’s. :)
That’s one awesome Economy you have there Barack!
If they would have just paid their workers a living wage...........
> This should free up a lot of money in order to pay the remaining employees a living wage.
And Its happening all over the country, too. I wouldlay bets that more businesses have closed or cut back during the last 7 years than they fid duing the Great Depression. He may be trying to set a new record .The enployees should be swimming in money by now...
The entire economy is falling into the Gap.
Me too!
Garage sales are my Gap outlet.
I buy perfectly good jeans at WALMART for about $15. No need for The Gap.
Take that, LIBERALS.
There will be a half price going-out-of-business sale as soon as the clerks can double mark up the merchandise.
sigh. If you don't use 'their', as in 'their stores', then you havta say 'them there' as in 'them there stores' instead.
Sergeant, can you help out here?
I think everyone here knows what GAP stands for: Gay and Proud. Ironic the HQ is in San Fagcisco.
I haven’t been to the Gap in like, 7 years, during my college years. My crazy ex-GF kept insisting in it so in I went.
Why isnt the homosexual community propping up these places?
I nominate your post for Thread Winner.
"You mean we're just a couple of white people?" "Yeah, I guess." "Wanna go to the Gap?" "Sure."
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