Retail giant GAP has announced the closure of all of its Irish and UK-based stores which is planned to take place by the end of the year.
The company stated that it’s moving its business online from the end of August to the end of September this year and will be achieved in a phased manner.
Although the company didn’t specify how many of its employees would be affected, it stated that support and transition assistance will be provided for the affected employees.
The company, which began operating in Ireland in 2006 and the UK in 1987, has a total of 81 stores throughout the Republic of Ireland and the UK.
The company will be transitioning its operations to an online platform in an attempt to find more cost-effective ways to maintain a presence and serve customers in Europe.
“The e-commerce business continues to grow and we want to meet our customers where they are shopping”, the retailer announced.
It added, “Due to market dynamics in the United Kingdom and the Republic of Ireland, we shared with our team today that we are proposing to close all company-operated Gap Specialty and Gap Outlet stores in the United Kingdom and Republic of Ireland in a phased manner from the end of August through the end of September 2021.”
The news comes as other brands such as Wallis, Dorothy Perkins and Burton were forced to close down their shops with over 200 shops being shut down between the brands along with the loss of over 2,000 jobs in February.