Gap plans to reopen 800 apparel shops by end of May. Credit: lioil.

Visit our Covid-19 microsite for the latest coronavirus news, analysis and updates

Follow the latest updates of the outbreak on our timeline.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Clothing and accessories retailer Gap is reportedly planning to reopen its 800 stores by the end of this month.

CNBC reported that the retailer is considering resuming operations as US states such as Texas and South Carolina have eased lockdown measures.

Gap is joining the list of retailers, including Macy’s, Nordstrom, and others who are considering reopening their businesses.

On 17 March, Gap announced the temporary closure of its Old Navy, Athleta, Banana Republic, Gap, Janie and Jack and Intermix stores in North America due to the Covid-19 pandemic.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

However, the retailer extended the closure period. It had originally planned to reopen on 1 April but deferred it as the outbreak continued to spread.

Various safety measures will be implemented, including plexiglass dividers at registers, the use of face coverings, and signs to maintain social distancing.

The retailer will also temporarily close restrooms and fitting rooms, as well as operate at reduced hours.

Gap chief executive Sonia Syngal told CNBC: “Our whole goal is to be the gold standard when it comes to safe retailing. Being trusted in this process is paramount for us.”

The company announced that it drew down its entire $500m credit line and cancelled dividend payments, including stopped paying rents.

Syngal added: “We are fully engaged in conversations with landlords regarding these decisions and plans to reopen.”

Confirmed cases of coronavirus have surpassed 3.5 million with 3,755,379 cases globally while death tolls have reached 263,831.