Gap Sees Its Post-Pandemic Future Outside of Malls
The retailer’s first-quarter sales jumped 89 percent to $4 billion from a year earlier as its e-commerce continues to grow.Gap has long been among the biggest operators of mall stores in the country. But after the pandemic, it will have a much smaller presence in traditional indoor malls as it closes Gap and Banana Republic locations and bets on the expansion of its Old Navy and Athleta brands. More
