Friday, June 17, 2011

Industry News: Decelerating

The Great Atlantic & Pacific Tea Company (A&P) has been trying to sell 25 Superfresh stores, mostly in the Baltimore area.  It has found buyers for 12 locations, and will close the remaining 13 stores...Gap will close 200 Gap brand stores, grow its Gap Outlets to about 250 stores, a net addition of 50 or 60 stores, and grow its Banana Republic Factory store count to about 150, a net addition of about 40 stores.

No comments:

Post a Comment