Memphis Business Journal: Old Navy at PEBB’s Germantown Village Square
Excerpt: By the end of 2018, Gap Inc. plans to open about 60 Old Navy stores — and at least one of those will be in Germantown.
Old Navy plans to open a 13,900-square-foot location in Germantown Village Square in June. The move comes as Gap actually plans to add 270 new Old Navy, Athleta, Gap Factory and Banana Republic Factory stores over the next three years. The company is also planning to close about 200 Gap and Banana Republic stores during that same time frame.
“Investing in Old Navy’s retail presence is central to our continued growth and delivering a seamless brand experience, wherever and however customers choose to shop,” said Sonia Syngal, president and CEO of Old Navy, in a statement. “We are fueling all the ways our customers want to engage with us, starting with providing greater access to our brand through new store openings and remodeling hundreds of locations to underscore the fun, fashion and value for the whole family that only Old Navy can offer.”
In addition to the Germantown location, Old Navy is investing in East Memphis. Click here for full article.