Retailer Gap plans to cut 19 stores in the UK and Ireland

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From press association 2021

Oxford Street Stores inventory

Gap has announced that it will close 19 stores in the UK and Ireland over the next month to get the brand back on track for growth.

The US-based retailer said it plans to close when its leases expire in July, but did not make it clear how many jobs would be affected by the move.

Gap has also not announced which of its stores will be affected by the move.

The decision will be left with around 50 other standalone and outlet stores, though the group said it is continuing to evaluate its current portfolio as part of a strategic review begun last year.

Last October, Gap said that under the review, it could potentially close all of its stores in the UK, Ireland, France and Italy in response to a collapse in trade.

The company said Wednesday that it is “looking to maintain a presence in Europe,” but that could include a stronger focus on its online sales.

A company spokeswoman said: “We are proposing to close 19 Gap stores in the UK and Republic of Ireland whose leases expire in late July 2021.

“These leases will not be extended due to the ongoing strategic review.”

It comes after a number of big rivals in fashion retailing, including Debenhams and Topshop, shut down stores after tumbling into administration following the effects of the pandemic.

Gap was among the non-essential retailers to reopen their UK stores on April 12th.


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