American Eagle – 250
The apparel chain will be closing down between 200 to 250 stores around the country, mostly mall locations, according to Chief Financial Officer Mike Mathias. However, the brand’s Aerie stores will grow by 50 locations.
Banana Republic – 84
Gap Inc., which owns Banana Republic, will be closing down about 1/3 of the store’s locations. According to the company, the closures will be done “with the goal of having a smaller and healthier fleet of stores.”
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