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Gap Closing Scores of Stores

Pre-recession boom left surplus of shops

By Matt Cantor,  Newser Staff

Posted Oct 14, 2011 8:50 AM CDT

(Newser) – Gap, once the king of clothing chains, rapidly expanded before the recession; afterward, it found itself with more stores than shoppers. Now it plans to close 189 of its North American locations—more than a fifth of the total—by 2013, leaving some 700 remaining,...   Read full story »

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