Gap to Reopen 800 Stores
The Gap, Inc. (NYSE: GPS) announced today that it plans to have 800 of its stores open by the end of the month, including those under its Gap, Old Navy, Athleta, Banana Republic, Janie and Jack, and Intermix brands.
The company will follow guidelines for reopening set by government and health officials as it slowly opens its doors. The first Gap stores will open in Texas this weekend. By the end of May, 800 stores, or about one-third of the company's U.S. footprint, will be open.
Gap will institute several safety measures for the health of employees, including supplying face masks and installing plexiglass partitions between customers and cashiers, following the lead of retailers who have stayed open during the pandemic. Restrooms won't be available, and returns will be set aside for 24 hours after coming into stores.
Source Fool.com
