Gap and Banana Republic Closing Stores

The San Francisco-based company said its shifting the focus away from the Gap and Banana Republic and concentrating more on Old Navy and Athleta. 

The company said it will close about 200 Gap and Banana Republic stores in the next three years and open about 270 Old Navy and Athleta stores during the same period. This, according to a report by the Associated Press.

Low-priced Old Navy has been a bright spot for the clothing retailer, posting rising sales even as they fell at the Gap and Banana Republic. There are several locations of both the GAP and BANANA REPUBLIC in New Hampshire.