Banana Republic
Numerous Banana Republic locations, which are also owned by Gap Inc., will close. By 2023, the company intends to close 130 Banana Republic locations. Between the Banana Republic and Gap, the chain will close 350 stores or roughly a third of its North American locations.
Banana Republic
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Carter’s
Carter’s has chosen to permanently close hundreds of locations due to lease expirations in the coming months. The children’s apparel and accessories business announced plans to close over 200 stores in October 2020, with approximately 60% of those locations closing by the end of 2021. The current stores will close at the end of 2022.
Carter’s