The Gap
The famous Gap chain is definitely getting smaller and by the end of 2020, it will have closed nearly half of its stores. After a difficult 2018 season, they made this decision because the chain saw a 5% decline in Gap sales. The current Gap CEO Robert Fisher, says that the closure of eventually 230 stores will hopefully bring life back into the 50-year-old brand. Even the stores that remain will still be reduced in size.
The Gap
Walgreens
The famous drugstore chain Walgreens has been downsizing for a while now, and in 2019 said it would be closing nearly 200 stores. In San Francisco, three stores have closed, including one of the most popular ones. Today, they are trying last efforts to bring people in, like allowing shoppers to choose items at Wallgreens.
Walgreens