Re: Changes on the High Street
Quote:
Quote from The Sun Money: Gap is considering closing all 70 shops in the UK as well as 59 others across Europe. This would put hundreds of jobs at risk.
In the latest casualty of the UK high street, the company has said it wants to operate in Europe through “partnerships”. This could potentially be both online and for bricks and mortar sites.
The high street staple currently has 158 franchise shops in Europe as well as company-owned outlets, having opened in 1987.
The future of its distribution centre in Warwickshire is also in doubt.
It has already closed some of its UK sites, as well as its Banana Republic chain and had said earlier this year that it plans to close 225 unprofitable outlets.
|
__________________
History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
|