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In 1969, Don Fisher, a California commercial real estate broker specializing in retail store location, enlisted the help of his friend, Walter Haas Jr., President of Levi Strauss & Co. Fisher was inspired by the sudden success of 'The Tower of Shoes' in an old Quonset hut in a non-retail industrial area of Sacramento, California, [14] [15] that drew crowds by advertising that no matter what ...
Gap Inc. announced plans in September 2017 to close 200 stores in 2018, mostly Gap and Banana Republic stores while focusing its efforts on Old Navy and Athleta. [141] On February 28, 2019, the company announced that it would split Gap Inc. into two separate companies, making Old Navy independent from Gap Inc. while at the same time announcing ...
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