Gap Inc. plans temporary closure of stores across North America
Category: #headlines  By Saipriya Iyer  Date: 2020-03-18
  • share
  • Twitter
  • Facebook
  • LinkedIn
Gap Inc. plans temporary closure of stores across North America

Gap Inc., an American multinational clothing and accessories retailer, has recently announced that it will temporarily close selected North American stores amid escalating COVID-19 fears. The company will reportedly shut its Intermix, Janie and Jack, Gap, Banana Republic, Athleta, and Old Navy stores across North America for two weeks, which will be effective from March 19, 2020, based on the guidelines of health authorities and government officials.

The United States has observed a sharp increase in the number of COVID-19 patients, with nearly 6,469 infected patients and over 109 deaths.

With an aim to mitigate the risk of the unrolling coronavirus pandemic, the company has reportedly announced the reduction of store hours. Several other brick-and-mortar retailers are facing downfall of economy due to significant reduction in the number of shoppers. Various retailers such as American Eagle Outfitters, Ralph Lauren, L Brands, Macy’s, as well as Tiffany & Co have also joined the temporary store closure move.

As per the statement made by Gap Inc.’s incoming CEO, Sonia Syngal, the recent announcement was made to avoid possible exposure to coronavirus, as the pandemic hits globally, effecting a larger number of populations. Apart from this, its main concern is to support the livelihood and health of the employees and customers, as well as the entire communities, by focusing on taking up various preventive steps to limit the virus spread.

She further added that the company will provide subsidies to all store associates that will be impacted by the temporary halt of the business, by offering pay continuity as well as other benefits during the 2-week period. It will also keep the website operational for the online shoppers. Despite the ongoing highly contagious respiratory illness (COVI-19) spread, the company is looking forward to reopening the stores and returning to normal business soon.

Source credits:

https://www.businesswire.com/news/home/20200317005898/en/Gap-Announces-Temporary-Closure-Stores-North-America

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Saipriya Iyer

Saipriya Iyer    

Saipriya Iyer currently works as a content developer for GroundAlerts. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had previous experience of 3 years under her belt, she has dabbled with website ...

Read More >>

More News By Saipriya Iyer

Chubb launches new Chubb Studio platform for its partners and clients
Chubb launches new Chubb Studio platform for its partners and clients
By Saipriya Iyer

Chubb, a renowned leading insurance provider, has reportedly announced the launch of Chubb Studio, a new platform that would streamline and simplify the circulation of its insurance products from its partners’ digital channels spread across the...

Omega Geracao acquires 50% wind portfolio of EDF Renewables in Brazil
Omega Geracao acquires 50% wind portfolio of EDF Renewables in Brazil
By Saipriya Iyer

Omega Geracao, a renowned Brazil-based power company, has reportedly announced that it has signed a definitive agreement to procure a 50% stake in French renewables company EDF Renewables’ wind farms located in Bahia, Brazil. The wind turbines...

Zoom soon to arrive on Facebook, Amazon, and Google smart displays
Zoom soon to arrive on Facebook, Amazon, and Google smart displays
By Saipriya Iyer

Zoom, a California-based video communications technology company, has reportedly announced that the app would soon be available on Amazon, Google smart display, and Facebook. The company further stated that it would make their initial entrance onto F...