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Gap Inc. Announces Strategic Initiatives to Increase Productivity and Profitability of Namesake Brand

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SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS) today announced a series of strategic actions to position Gap brand for improved business performance and build for the future. Following a thorough evaluation of its business and operations, Gap plans to right-size its specialty store fleet and streamline its headquarter workforce, primarily in North America, as part of the comprehensive effort to deliver more consistent and compelling product collections and engage customers across all chan

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