Store Openings and Closings

As of November 19, 2009, Gap Inc. operated 3,143 store locations, compared with 3,190 store locations last year. The company expects to open about 50 store locations and to close about 100 store locations in fiscal year 2009. The company expects that net square footage will decrease about 2 percent for fiscal year 2009.

More information about store design and store counts by division can be found in the Real Estate section.

Note: Some of the information on this page contains forward-looking statements.

 

 

2009 Expected Store Activity (as of November 19, 2009)

Brand/Division Expected Openings Expected Closings Expected Net Openings/(Closures)
Gap North America* about 10 about 50 (about 40)
International* about 20 about 5 about 15
Old Navy about 5 about 30 (about 25)
Banana Republic about 15 about 15 0
Gap Inc. Total about 50 about 100 (about 50)

*Gap North America includes Gap stores in the U.S. and Canada. International includes our stores in the U.K., France, Ireland and Japan.