| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-31 | plant_closure | completed | North America | Old Navy | MD&A f5-10k / GLM-5.3-flash-HTML | Net reduction of 7 Old Navy North America store locations during fiscal 2025 (1,249 to 1,242); no employee headcount impact disclosed. | |||||
| 2026-01-31 | plant_closure | completed | North America | Banana Republic | MD&A f5-10k / GLM-5.3-flash-HTML | Net reduction of 22 Banana Republic North America store locations during fiscal 2025 (380 to 358); no employee headcount impact disclosed. | |||||
| 2026-01-31 | plant_closure | completed | Asia | Banana Republic | MD&A f5-10k / GLM-5.3-flash-HTML | Net reduction of 2 Banana Republic Asia store locations during fiscal 2025 (42 to 40); no employee headcount impact disclosed. | |||||
| 2026-01-31 | plant_closure | completed | North America | Athleta | MD&A f5-10k / GLM-5.3-flash-HTML | Net reduction of 8 Athleta North America store locations during fiscal 2025 (260 to 252); no employee headcount impact disclosed. Company-wide net change was 32 closures; Gap brands had net openings. | |||||
| 2025-02-01 | plant_closure | completed | United States, Canada, Japan, and Taiwan | Company-operated stores across Old Navy, Gap, Banana Republic, and Athleta | MD&A f5-10k / GLM-5.3-flash-HTML | 94 company-operated stores closed during fiscal 2024 (Old Navy 14; Gap 37; Banana Republic 31; Athleta 12) versus 38 openings; no associated workforce impact quantified. The $89 million restructuring expense cited in MD&A relates to fiscal 2023 actions and is excluded as prior-year activity. | |||||
| 2024-11-02 | divestiture_reduction | in_progress | 2022-11-07 | Taiwan | Gap brand (Gap Taiwan operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gap Taiwan operations to transition to Baozun as franchise partner pending regulatory approvals and closing conditions; no headcount impact disclosed. Gap China transition closed 2023-01-31 with no material results impact. | ||||
| 2024-11-02 | plant_closure | in_progress | United States, Canada, Japan, Taiwan, Asia | Company-operated stores (Old Navy, Gap, Banana Republic, Athleta) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 47 company-operated stores closed during the 39 weeks ended 2024-11-02 (29 opened; total store locations 2,544). No associated workforce reduction figures disclosed. | |||||
| 2024-02-03 | restructuring | completed | 1,800 | 2023-04-25 | Primarily headquarters locations | USD 93 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | April 25, 2023 restructuring plan included workforce reduction of approximately 1,800 employees, primarily in headquarters locations. Fiscal 2023 pre-tax costs of $93 million comprised $64 million employee-related and $29 million consulting/other costs ($4 million in cost of goods sold and occupancy, $89 million in operating expenses). Actions substantially completed in first half of fiscal 2023; remaining $5 million liability at fiscal year-end expected to be settled in fiscal 2024. | |||
| 2024-02-03 | divestiture_reduction | completed | 2022-11-07 | 2023-01-31 | Greater China | Gap brand | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Gap Greater China operations transitioned to Baozun as a franchise partner; agreements signed November 7, 2022 and transaction closed January 31, 2023 (fiscal 2023). 89 Gap China stores transitioned (excluded from store opening/closing counts). Impact on fiscal 2023 results not material; no employee headcount disclosed. Gap Taiwan operations continue as usual until regulatory approvals and closing conditions are met. | |||
| 2024-02-03 | plant_closure | completed | North America | Gap and Banana Republic brands | MD&A f5-10k / GLM-5.3-flash-HTML | Multi-year store fleet rationalization initiative completed: closed, net of openings, 344 Gap and Banana Republic stores in North America from the beginning of fiscal 2020 through the end of fiscal 2023 (cumulative through fiscal year-end). Majority of closed stores had leases expiring in the period, allowing exits with minimal net income statement impact; no employee headcount disclosed. | |||||
| 2024-02-03 | restructuring | completed | 1,800 | 2023-04-25 | 2023-07-31 | Primarily United States (headquarters locations) | Headquarters / corporate functions | USD 93 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan included reduction of approximately 1,800 employees; actions substantially completed in first half of fiscal 2023. Charge comprises $64M employee-related and $29M consulting/other. Fiscal 2023 was a 53-week year. | |
| 2024-02-03 | divestiture_reduction | completed | 2022-11-07 | 2023-01-31 | Greater China | Gap brand — stores and in-market website | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Gap China operations transitioned to Baozun as franchise partner; closed January 31, 2023. Impact not material to fiscal 2023 results. Headcount not disclosed. | |||
| 2024-02-03 | plant_closure | completed | 2024-02-03 | North America | Gap and Banana Republic brands | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed net of openings 344 Gap and Banana Republic stores in North America from beginning of fiscal 2020 through end of fiscal 2023; cumulative figure, not fiscal 2023 only. Associated workforce impact not quantified. | ||||
| 2024-02-03 | restructuring | completed | 1,800 | 2023-04-25 | 2023-07-31 | Global | Headquarters | USD 93 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduction of workforce primarily in headquarters locations. Actions substantially completed in first half of fiscal 2023. Pre-tax restructuring costs of $93 million. | |
| 2024-02-03 | restructuring | in_progress | USD 93,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-02-03 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 60,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Employee Severance [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Other Restructuring [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Operating Expense [Member] | USD 89,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Employee Severance [Member] / Charges that will be settled with cash payments [Member] | USD 65,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Other Restructuring [Member] / Charges that will be settled with cash payments [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-03 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 94,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | 1,800 | 2023-04-25 | United States | Headquarters / corporate functions | USD 93 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan targets a workforce reduction of approximately 1,800 employees, mostly at headquarters; actions described as substantially completed. Charge shown is total pre-tax restructuring costs for the 39 weeks ended 2023-10-28 ($5M in the 13 weeks), of which $64M was employee-related and $29M consulting/other; $8M liability remained at quarter end. No expected completion date stated. | ||
| 2023-10-28 | plant_closure | in_progress | 2023-12-31 | North America | Gap and Banana Republic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing program to reduce Gap and Banana Republic stores in North America by about 350 from the start of fiscal 2020 through the end of fiscal 2023; 328 net closures through 2023-10-28. Company-operated stores closed during the 39 weeks: 54 (56 opened). No associated workforce count disclosed. | ||||
| 2023-10-28 | restructuring | completed | 1,800 | 2023-04-25 | Headquarters locations | Corporate / Headquarters | USD 93 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan committed April 25, 2023 to simplify and optimize operating model. Actions substantially completed. Includes $64M employee-related costs and $29M consulting/other costs for the 39 weeks ended Oct 28, 2023. | ||
| 2023-10-28 | restructuring | in_progress | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-10-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Employee Severance [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Other Restructuring [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Operating Expense [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Employee Severance [Member] / Charges that will be settled with cash payments [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Other Restructuring [Member] / Charges that will be settled with cash payments [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-10-28 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | completed | 1,800 | 2023-04-25 | Primarily headquarters locations | Corporate / headquarters functions | USD 88 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,800 positions reduced under the Plan; workforce actions substantially completed as of 2023-07-29. Pre-tax charge of $88M for the 26 weeks ended 2023-07-29 ($65M employee-related, $23M consulting and other); $13M incurred in the 13 weeks ended 2023-07-29. Restructuring liability of $26M remained at quarter-end. | ||
| 2023-07-29 | restructuring | completed | 1,800 | 2023-04-25 | 2023-07-29 | Headquarters locations | Corporate / Headquarters | USD 88 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan committed April 25, 2023 to simplify and optimize operating model. Actions substantially completed as of July 29, 2023. Total pre-tax costs of $88 million for the 26 weeks ended July 29, 2023, including $65 million employee-related and $23 million consulting/other. | |
| 2023-07-29 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-07-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Employee Severance [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Other Restructuring [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Operating Expense [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Employee Severance [Member] / Charges that will be settled with cash payments [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Other Restructuring [Member] / Charges that will be settled with cash payments [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-07-29 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | 1,800 | 2023-04-25 | 2023-06-30 | Primarily headquarters locations | Corporate / headquarters | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge incurred in Q1 FY2023; total program estimated at $100M–$120M aggregate pre-tax cash expenditures ($75M–$85M employee-related, $25M–$35M consulting). Actions expected substantially complete by end of H1 FY2023. | |
| 2023-04-29 | divestiture_reduction | completed | 2022-11-07 | 2023-01-31 | China | Gap Global | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gap China operations transitioned to Baozun as franchise partner; 89 stores moved out of Company-operated count. No employee count disclosed; financial statement impact described as not material. | |||
| 2023-04-29 | plant_closure | completed | 2023-04-29 | North America | Gap Global and Banana Republic Global | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 16 Company-operated stores closed during the quarter (5 Gap North America, 6 Banana Republic North America, 1 Old Navy, 1 Gap Asia, 2 Banana Republic Asia, 1 Athleta). Part of ongoing plan to reduce Gap and Banana Republic stores in North America by ~350 from start of FY2020 to end of FY2023 (315 net closures achieved as of quarter-end). No associated employee counts disclosed. | ||||
| 2023-04-29 | restructuring | in_progress | 1,800 | 2023-04-25 | 2023-07-31 | Headquarters locations | Corporate / Headquarters | USD 75 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan includes reduction in workforce of approximately 1,800 employees. Incurred $75 million in pre-tax restructuring costs during the quarter. Expected to be substantially completed by the end of the first half of fiscal 2023. | |
| 2023-04-29 | restructuring | in_progress | USD 75,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-04-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 58,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Employee Severance [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Other Restructuring [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Operating Expense [Member] | USD 71,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Employee Severance [Member] / Charges that will be settled with cash payments [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Other Restructuring [Member] / Charges that will be settled with cash payments [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-04-29 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 75,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-01-28 | divestiture_reduction | completed | 2022-02-01 | Italy | Gap | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Gap Italy operations transitioned to franchise partner OVS S.p.A. on February 1, 2022; impact on consolidated results stated as not material. | ||||
| 2023-01-28 | divestiture_reduction | completed | 2022-08-01 | Mexico | Old Navy | USD 35 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Old Navy Mexico operations transitioned to franchise partner Grupo Axo; pre-tax loss recognized in operating expenses. 24 affected stores were excluded from store opening/closure counts. | |||
| 2023-01-28 | divestiture_reduction | completed | 2022-08-10 | United Kingdom and Ireland | Gap (online operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | UK and Ireland online operations moved to a franchise partner via joint venture with Next Plc; impact not material. Related Rugby, England distribution center sold for $125 million, generating an $83 million pre-tax gain. | ||||
| 2023-01-28 | divestiture_reduction | completed | 2022-11-07 | 2023-01-31 | Greater China (mainland China; Taiwan pending) | Gap | subsequent_events f5-10k / GLM-5.3-flash-HTML | Agreements with Baozun signed November 7, 2022; $142 million of assets and $126 million of liabilities held for sale at fiscal year-end; transaction closed January 31, 2023. Taiwan operations continue until regulatory approvals and closing conditions are met. | |||
| 2023-01-28 | plant_closure | in_progress | 2024-02-03 | North America | Gap and Banana Republic | MD&A f5-10k / GLM-5.3-flash-HTML | Multi-year program to reduce approximately 350 stores from the beginning of fiscal 2020 through the end of fiscal 2023; cumulative through fiscal year-end, 304 stores closed net of openings. No employee counts disclosed. | ||||
| 2023-01-28 | restructuring | in_progress | Corporate functions (all brands) | MD&A f5-10k / GLM-5.3-flash-HTML | Cost actions begun in fiscal 2022 included reducing open and existing corporate roles alongside contract, technology, and digital-investment reductions; company states no material charges were incurred in fiscal 2022. | ||||||
| 2023-01-28 | restructuring | announced | 2023-03-09 | Corporate — all four brands | MD&A f5-10k / GLM-5.3-flash-HTML | Plan to simplify and optimize the operating model, including increased spans of control and fewer management layers; announced after fiscal year-end and before the March 14, 2023 filing. No employee counts or charges disclosed. | |||||
| 2023-01-28 | restructuring | in_progress | Global | Corporate | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | During fiscal 2022 the Company began steps to drive long-term improvements, including reducing open and existing corporate roles, renegotiating advertising agency contracts, reducing technology operating costs, and rationalizing digital investments; no material charges were incurred in connection with these steps | |||||
| 2023-01-28 | restructuring | announced | 2023-03-09 | Global | Corporate; all four brands | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end announcement of plans to simplify and optimize the operating model and structure, including increasing spans of control, decreasing management layers, and creating a consistent organizational structure across all four brands; no employee count or charge disclosed | ||||
| 2023-01-28 | plant_closure | completed | United States, Canada, Japan, China, Taiwan | Store operations (Old Navy, Gap, Banana Republic, Athleta) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 205 Company-operated stores closed during fiscal 2022 (90 opened), including 102 Gap Asia and 37 Gap North America closures; part of a program to reduce Gap and Banana Republic North America stores by approximately 350 from the beginning of fiscal 2020 to the end of fiscal 2023 (304 closed net of openings through fiscal year-end, cumulative). No associated employee counts or charges disclosed | |||||
| 2023-01-28 | divestiture_reduction | completed | 2022-08-01 | Mexico | Old Navy | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Old Navy Mexico operations transitioned to third party Grupo Axo as franchise partner (24 stores); a pre-tax loss of $35 million was recognized in operating expenses, which is a divestiture loss rather than a severance charge; no employee count disclosed | ||||
| 2023-01-28 | divestiture_reduction | completed | 2022-02-01 | Italy | Gap | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Gap Italy operations transitioned to OVS S.p.A. as franchise partner (11 stores); impact to the financial statements was not material; no employee count disclosed | ||||
| 2023-01-28 | divestiture_reduction | completed | 2022-08-10 | United Kingdom, Ireland | Online operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | United Kingdom and Ireland online operations transitioned to a franchise partner through a joint venture with Next Plc; impact to the financial statements was not material; no employee count disclosed | ||||
| 2023-01-28 | divestiture_reduction | completed | 2022-11-07 | 2023-01-31 | China | Gap | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreements signed November 7, 2022 to transition Gap Greater China stores and in-market website to Baozun as franchise partner; transaction closed January 31, 2023 (after fiscal year-end, before filing); $142 million of assets and $126 million of liabilities classified as held for sale at year-end; Gap Taiwan continues to be operated pending approvals; no employee count disclosed | |||
| 2023-01-28 | restructuring | announced | 2023-03-09 | Global | Corporate | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plans shared to simplify and optimize operating model, including increasing spans of control and decreasing management layers. No specific headcount or charge disclosed in filing. | ||||
| 2023-01-28 | restructuring | completed | 2022-01-01 | 2022-12-31 | Global | Corporate | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Steps taken during fiscal 2022 to reduce open and existing corporate roles, renegotiate advertising contracts, reduce technology costs, and rationalize digital investments. No material charges incurred. | |||
| 2022-10-29 | restructuring | in_progress | Global | Corporate | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company describes steps to optimize profitability including reducing open and existing corporate roles, renegotiating advertising agency contracts, reducing technology operating costs, and rationalizing digital investments; no employee count, dates, or charges disclosed, and no material charges were incurred in Q3 fiscal 2022. | |||||
| 2022-10-29 | divestiture_reduction | completed | 2022-08-01 | Mexico | Old Navy | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Old Navy Mexico operations transitioned to franchise partner Grupo Axo; a $35 million pre-tax loss was recognized in Q2 fiscal 2022 on reclassification to held for sale; no headcount disclosed. | ||||
| 2022-10-29 | divestiture_reduction | completed | 2022-08-10 | United Kingdom, Ireland | Gap (online operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | UK and Ireland online operations transitioned to franchise partner Next Plc; impacts described as not material; no headcount disclosed. | ||||
| 2022-10-29 | divestiture_reduction | announced | 2022-11-07 | Greater China | Gap | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreements signed to transition Gap Greater China stores and in-market website to franchise partner Baozun Inc., subject to regulatory approvals and closing conditions; no headcount disclosed. | ||||
| 2022-10-29 | restructuring | completed | Global | Corporate | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company reduced open and existing corporate roles, renegotiated advertising agency contracts, reduced technology operating costs, and rationalized digital investments. No material charges incurred. | |||||
| 2022-10-29 | plant_closure | completed | North America | Gap, Banana Republic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 279 Gap and Banana Republic stores net of openings since beginning of fiscal 2020 as part of fleet rationalization. | |||||
| 2022-10-29 | divestiture_reduction | completed | 2022-08-10 | 2022-08-10 | United Kingdom, Ireland | Gap | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transitioned UK and Ireland online operations to franchise partner Next Plc. | |||
| 2022-10-29 | divestiture_reduction | completed | 2022-02-01 | 2022-02-01 | Italy | Gap | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transitioned Gap Italy operations to franchise partner OVS S.p.A. | |||
| 2022-10-29 | divestiture_reduction | completed | 2022-08-01 | 2022-08-01 | Mexico | Old Navy | USD 35 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transitioned Old Navy Mexico operations to franchise partner Grupo Axo. Recognized $35M pre-tax loss in Q2. | ||
| 2022-10-29 | other | completed | Global | Gap | USD 53 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ended Yeezy Gap contract; recorded $53M pre-tax impairment costs primarily related to inventory. | ||||
| 2022-04-30 | plant_closure | completed | 2022-04-30 | Global | Company-operated stores (Old Navy, Gap, Banana Republic, Athleta) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 20 company-operated stores closed during the 13 weeks ended April 30, 2022 (Old Navy NA 3, Gap NA 9, Gap Asia 4, Banana Republic NA 2, Athleta NA 2), against 21 openings; 29 closures and 44 openings including franchise locations. No associated employee counts or severance disclosed; part of the stated plan to reduce Gap and Banana Republic North America stores by about 350 from fiscal 2020 through fiscal 2023. | ||||
| 2022-04-30 | divestiture_reduction | completed | 2022-02-01 | Italy | Gap Global | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gap Italy operations transitioned to OVS S.p.A. as a franchise partner effective February 1, 2022; 11 stores moved from Company-operated to franchise. Filing states the transaction impact was not material and discloses no employee counts. | ||||
| 2022-01-29 | divestiture_reduction | completed | 2021-04-08 | North America | Janie and Jack | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Divestiture of the Janie and Jack brand completed April 8, 2021; store count table shows 119 stores divested. Combined with the Intermix divestiture, a pre-tax loss of $59 million was recognized; not broken out by brand. Employee headcount affected not disclosed. | ||||
| 2022-01-29 | divestiture_reduction | completed | 2021-05-21 | North America | Intermix | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Divestiture of the Intermix business completed May 21, 2021; store count table shows 31 stores divested. Included in the combined $59 million pre-tax divestiture loss with Janie and Jack. Employee headcount affected not disclosed. | ||||
| 2022-01-29 | plant_closure | completed | United Kingdom and Ireland | Gap Global (Gap Europe) | USD 41 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Net pre-tax costs of $41 million in fiscal 2021, primarily employee and lease costs, from closing Company-operated stores in the UK and Ireland; recorded in cost of goods sold and occupancy expenses and operating expenses. Gap Europe closed 86 stores in fiscal 2021. UK/Ireland to be served by a Next Plc joint venture as franchise partner beginning early 2022. Employee headcount affected not disclosed. | ||||
| 2022-01-29 | other | completed | 2021-10-01 | France | Gap Global (Gap Europe) | MD&A f5-10k / GLM-5.3-flash-HTML | Gap France operations transitioned to franchise partner Hermione People & Brands, completed October 1, 2021 (third quarter of fiscal 2021). Store count table shows 21 stores transitioned, excluded from store closure counts. Employee headcount impact not disclosed. | ||||
| 2022-01-29 | other | announced | 2021-11 | Italy | Gap Global (Gap Europe) | MD&A f5-10k / GLM-5.3-flash-HTML | Agreement signed with OVS in November 2021 for OVS to operate Gap Italy stores as a franchise partner beginning in fiscal 2022. Employee headcount impact not disclosed. | ||||
| 2022-01-29 | plant_closure | in_progress | North America | Gap Global and Banana Republic Global | MD&A f5-10k / GLM-5.3-flash-HTML | Multi-year plan to reduce Gap and Banana Republic North America stores by approximately 350 from the beginning of fiscal 2020 through the end of fiscal 2023; 250 net store closures achieved cumulatively through fiscal year-end (January 29, 2022). Employee headcount affected not disclosed. | |||||
| 2022-01-29 | acquisition_addition | completed | 2021-08-26 | Drapr (3D-fit technology and virtual fitting rooms) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired August 26, 2021. Employee headcount acquired not disclosed. Aggregate purchase price for Drapr and CB4 together was approximately $147 million (goodwill $108 million; intangible assets $39 million). | |||||
| 2022-01-29 | acquisition_addition | completed | 2021-10-01 | CB4 (artificial intelligence and machine learning) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired October 1, 2021. Employee headcount acquired not disclosed. Aggregate purchase price for Drapr and CB4 together was approximately $147 million (goodwill $108 million; intangible assets $39 million). | |||||
| 2022-01-29 | divestiture_reduction | completed | 2021-04-08 | United States | Janie and Jack | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture completed April 8, 2021; brand operated 119 stores at start of fiscal 2021. Employee count not disclosed; the 150 stores divested across both brands are excluded from reported store-closure counts. | ||||
| 2022-01-29 | divestiture_reduction | completed | 2021-05-21 | United States | Intermix | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture completed May 21, 2021; brand operated 31 stores at start of fiscal 2021. Employee count not disclosed. | ||||
| 2022-01-29 | other | completed | 2021-01-31 | United States | Hill City | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hill City brand, launched in 2018, was closed in January 2021. Headcount not disclosed. | ||||
| 2022-01-29 | plant_closure | completed | 2022-01-29 | Global | Company-operated stores (Old Navy, Gap, Banana Republic, Athleta) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 191 company-operated stores closed versus 97 opened during fiscal 2021 (includes 86 Gap Europe closures); excludes 150 divested stores and 21 Gap France stores transitioned to a franchise partner. Part of a multi-year plan to reduce the Gap and Banana Republic North America fleet by approximately 350 stores from the start of fiscal 2020 through the end of fiscal 2023 (250 net closed cumulatively through fiscal 2021). | ||||
| 2022-01-29 | restructuring | in_progress | 2021-09 | Europe (France, Italy, United Kingdom, Ireland) | Gap brand — Company-operated stores converted to franchise/joint venture | USD 41 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net pre-tax costs of $41 million in fiscal 2021, primarily employee and lease costs for closing Company-operated stores in the UK and Ireland. Gap France transitioned to Hermione People & Brands on October 1, 2021; agreements signed with OVS (Italy) and Next Plc (UK/Ireland) for franchise transitions beginning in fiscal 2022. UK/Ireland store closures are included in the 191 store-closure record above; employee count not separately disclosed. | |||
| 2022-01-29 | acquisition_addition | completed | 2021-08-26 | 2021-08-26 | United States | Technology — 3D-fit and virtual fitting rooms | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Drapr completed August 26, 2021. Aggregate purchase price for Drapr and CB4 combined was approximately $147 million; headcount added not disclosed. | |||
| 2022-01-29 | acquisition_addition | completed | 2021-10-01 | 2021-10-01 | United States / Israel | Technology — artificial intelligence and machine learning | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of CB4 completed October 1, 2021. Aggregate purchase price for Drapr and CB4 combined was approximately $147 million; headcount added not disclosed. | |||
| 2022-01-29 | restructuring | completed | United Kingdom and Ireland | Gap | USD 41 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Net pre-tax costs of $41 million incurred during fiscal 2021 primarily consisting of employee and lease costs related to the closure of Company-operated stores in the UK and Ireland. | ||||
| 2022-01-29 | divestiture_reduction | completed | Global | Janie and Jack, Intermix | USD 59 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax loss of $59 million recognized in conjunction with divestitures of Janie and Jack and Intermix brands. | ||||
| 2021-10-30 | acquisition_addition | completed | 2021-08-26 | Technology / Digital | USD 147 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Aggregate purchase price for Drapr and CB4 acquisitions; no headcount disclosed. | ||||
| 2021-10-30 | divestiture_reduction | completed | 2021-04-08 | 2021-04-08 | United States | Janie and Jack brand | USD 59 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Janie and Jack divestiture completed; 119 stores transferred. Pre-tax loss of $59M combined with Intermix divestiture. No employee count disclosed. | ||
| 2021-10-30 | divestiture_reduction | completed | 2021-05-21 | 2021-05-21 | United States | Intermix brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intermix divestiture completed; 31 stores transferred. No employee count disclosed. | |||
| 2021-10-30 | plant_closure | in_progress | 2023-12-31 | North America | Gap and Banana Republic brands | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to reduce Gap and Banana Republic stores by ~350 from start of fiscal 2020 to end of fiscal 2023; 217 net closures through Oct 30, 2021. No employee counts disclosed. | ||||
| 2021-10-30 | plant_closure | completed | 2021-10-01 | United Kingdom and Ireland | Gap brand | USD 33 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of company-operated stores in UK and Ireland; net pre-tax costs of $33M YTD, primarily employee and lease related. Transitioned to franchise model with Next Plc. No employee count disclosed. | |||
| 2021-10-30 | plant_closure | completed | 2021-10-01 | France | Gap brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gap France operations transitioned to franchise partner Hermione People & Brands; 21 stores moved to franchise. Impact not material. No employee count disclosed. | ||||
| 2021-10-30 | restructuring | completed | 2021-10-30 | United Kingdom and Ireland | Gap Global | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Incurred net pre-tax costs of $17 million during the thirteen weeks ended Oct 30, 2021, primarily consisting of employee and lease related costs related to the closure of company-operated stores in the UK and Ireland. | |||
| 2021-10-30 | restructuring | completed | 2021-10-30 | Europe | Gap Global | USD 33 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Incurred net pre-tax costs of $33 million during the thirty-nine weeks ended Oct 30, 2021, primarily consisting of employee and lease related costs related to the closure of company-operated stores in the UK and Ireland. | |||
| 2021-10-30 | divestiture_reduction | completed | 2021-04-08 | United States | Other | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of Janie and Jack brand completed on April 8, 2021. Headcount not disclosed. | ||||
| 2021-10-30 | divestiture_reduction | completed | 2021-05-21 | United States | Other | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of Intermix brand completed on May 21, 2021. Headcount not disclosed. | ||||
| 2021-10-30 | acquisition_addition | completed | 2021-08-26 | United States | Corporate | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Drapr Inc. on August 26, 2021. Headcount not disclosed. | ||||
| 2021-10-30 | acquisition_addition | completed | 2021-10-01 | United States | Corporate | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Context-based 4 Casting (CB-4) Ltd on October 1, 2021. Headcount not disclosed. | ||||
| 2021-07-31 | divestiture_reduction | completed | 2021-04-08 | 2021-04-08 | United States | Janie and Jack brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Janie and Jack completed April 8, 2021; 119 stores transferred, no employee count disclosed. Part of a $59M pre-tax divestiture loss covering both Janie and Jack and Intermix. | |||
| 2021-07-31 | divestiture_reduction | completed | 2021-05-21 | 2021-05-21 | United States | Intermix brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Intermix completed May 21, 2021; 31 stores transferred, no employee count disclosed. Part of a $59M pre-tax divestiture loss covering both Janie and Jack and Intermix. | |||
| 2021-07-31 | plant_closure | in_progress | 2023-01-28 | North America | Gap and Banana Republic brands | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to reduce Gap and Banana Republic North America store count by ~350 stores from start of fiscal 2020 through end of fiscal 2023; 213 stores closed net of openings as of July 31, 2021. No associated employee count disclosed. | ||||
| 2021-07-31 | plant_closure | announced | 2021-06-30 | 2021-10-30 | United Kingdom and Republic of Ireland | Gap brand — Company-operated stores | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | June 2021 strategic review: plan to close all Company-operated stores in the UK and Ireland during Q3 fiscal 2021, with discussions to move France and Italy to a partnership model; $16M pre-tax costs (primarily employee-related) recorded in Q2. No employee count disclosed. | ||
| 2021-07-31 | restructuring | in_progress | 2021-06-01 | 2021-09-30 | Europe | Corporate / Store Operations | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strategic review of operating model in Europe; plan to close all Company-operated stores in UK and Ireland in Q3 FY2021 and move to partnership model in France and Italy. Incurred $16 million pre-tax costs primarily consisting of employee-related costs. | ||
| 2021-07-31 | divestiture_reduction | completed | 2021-04-08 | 2021-04-08 | United States | Janie and Jack | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Janie and Jack brand completed. Part of strategic review to prioritize four purpose-led lifestyle brands. | |||
| 2021-07-31 | divestiture_reduction | completed | 2021-05-21 | 2021-05-21 | United States | Intermix | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Intermix brand completed. Part of strategic review to prioritize four purpose-led lifestyle brands. | |||
| 2021-05-01 | divestiture_reduction | completed | 2021-03-19 | 2021-04-08 | United States | Janie and Jack brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Janie and Jack brand completed April 8, 2021; 119 stores transferred, but no employee count disclosed. Pre-tax loss of $56M recorded for combined Janie and Jack and Intermix transactions. | |||
| 2021-05-01 | divestiture_reduction | completed | 2021-04-30 | 2021-05-21 | United States | Intermix brand | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Intermix completed May 21, 2021 (after quarter end, before filing); $109M assets and $112M liabilities classified as held for sale at May 1, 2021. No employee count disclosed. | |||
| 2021-05-01 | plant_closure | completed | 2021-05-01 | North America and international | Company-operated stores (multiple brands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 22 company-operated stores permanently closed during the quarter (38 opened); no associated workforce reduction quantified. Part of broader fleet rationalization targeting ~350 Gap and Banana Republic store reductions in North America from fiscal 2020 through fiscal 2023. | ||||
| 2021-05-01 | divestiture_reduction | completed | 2021-03-19 | 2021-04-08 | United States | Janie and Jack brand | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Janie and Jack brand completed April 8, 2021. Employee count not disclosed. | |||
| 2021-05-01 | divestiture_reduction | completed | 2021-04-30 | 2021-05-21 | United States | Intermix brand | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Intermix brand completed May 21, 2021. Employee count not disclosed. | |||
| 2021-05-01 | plant_closure | completed | North America | Gap and Banana Republic brands | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed 195 Gap and Banana Republic stores net of openings since beginning of fiscal 2020. Employee count not disclosed. | |||||
| 2021-01-30 | plant_closure | in_progress | 2020-10 | 2024-02 | North America | Gap and Banana Republic brands (company-operated stores) | MD&A f5-10k / GLM-5.3-flash-HTML | Plan to reduce Gap and Banana Republic North America stores by approximately 350 from the beginning of fiscal 2020 through the end of fiscal 2023; 189 such stores were closed net of openings in fiscal 2020, within a total company-operated store decline from 3,345 to 3,100. Expected completion converted from 'end of fiscal year 2023' (fiscal years end on the Saturday closest to January 31). Majority of affected leases expired in fiscal 2020 or expire in fiscal 2021, allowing exits with minimal expected net income statement impact. No employee counts disclosed. | |||
| 2021-01-30 | restructuring | announced | 2020-10 | Europe | Gap and Banana Republic Europe — operating model, warehouse and distribution, Company-owned e-commerce | MD&A f5-10k / GLM-5.3-flash-HTML | Review covers 117 Company-operated stores in Europe; options include transitioning elements of the business to franchise partners consistent with asset-light growth strategy. Plans expected to be finalized in fiscal 2021 and could result in charges related to leases, inventory, and employee-related costs. No employee counts disclosed. | ||||
| 2021-01-30 | divestiture_reduction | announced | 2021-03 | North America | Intermix brand (31 boutiques and e-commerce) | USD 56 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Strategic review performed in Q4 fiscal 2020 resulted in a $56 million impairment of store long-lived assets and the Intermix trade name (charge labeled 'other' as it is an impairment, not severance). Related assets of $102 million and liabilities of $58 million were reclassified as held for sale, with sale expected within twelve months. No employee counts disclosed. | |||
| 2021-01-30 | other | completed | 2021-01 | 2021-01 | Hill City brand (premium men's performance apparel, launched 2018) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Brand closure completed in January 2021, within fiscal 2020. No employee counts or associated charges disclosed. | ||||
| 2021-01-30 | plant_closure | completed | Global | Company-operated stores across all brands | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 318 Company-operated stores permanently closed during fiscal 2020 versus 73 opened (total locations fell from 3,345 to 3,100). Excludes stores temporarily closed for COVID-19. Employee impact not disclosed. | |||||
| 2021-01-30 | plant_closure | in_progress | 2020-10 | North America | Gap and Banana Republic | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program to cut roughly 350 Gap and Banana Republic stores in North America from the start of fiscal 2020 through the end of fiscal 2023; 189 closed net of openings in fiscal 2020. Most affected leases already expired in fiscal 2020 or expire in fiscal 2021. Subset of the 318 total store closures; employee impact not disclosed. | ||||
| 2021-01-30 | restructuring | in_progress | 2020-10 | Europe | European operating model (Gap and Banana Republic) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Review covers 117 Company-operated stores plus European warehouse/distribution and Company-owned e-commerce sites; options include asset-light licensing/franchise transitions to partners. Filer expects to finalize plans in fiscal 2021 and flags potential lease, inventory, and employee-related charges, none quantified. | ||||
| 2021-01-30 | other | completed | 2021-01 | 2021-01 | United States | Hill City brand | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company closed the Hill City premium-performance men's apparel brand in January 2021. Brand launched in 2018. Headcount and charge not disclosed. | |||
| 2021-01-30 | restructuring | announced | 2021-03 | United States | Intermix | USD 56 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic review of the Intermix business was shared in March 2021, after fiscal year-end; the review itself was performed in Q4 fiscal 2020 and drove a $56 million impairment of Intermix store long-lived assets and trade name recorded in fiscal 2020. Charge is an impairment, not severance. Employee impact not disclosed. | |||
| 2021-01-30 | restructuring | completed | 2020-02-28 | Global | Specialty Fleet / Gap Brand | USD 61 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced plan to restructure specialty fleet and revitalize Gap brand. Incurred $61 million pre-tax costs in fiscal 2020. Employee count not disclosed. | |||
| 2021-01-30 | restructuring | completed | 2020-01-16 | Global | Corporate | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced cancellation of plan to separate into two companies. Incurred $28 million estimated costs related to contracts and commitments settled in fiscal 2020. Employee count not disclosed. | |||
| 2021-01-30 | plant_closure | completed | 2020-10-01 | 2023-01-31 | North America | Gap and Banana Republic | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Strategic focus to reduce number of Gap and Banana Republic stores in North America by approximately 350 stores from beginning of fiscal 2020 to end of fiscal 2023. Closed 189 net stores in fiscal 2020. Employee count not disclosed. | |||
| 2021-01-30 | plant_closure | completed | 2021-01-01 | 2021-01-31 | Global | Hill City | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Closed Hill City brand in January 2021. Employee count not disclosed. | |||
| 2021-01-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-10-31 | reduction_in_force | in_progress | United States | Headquarters | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cited as a driver of the $393M YTD operating expense increase; no employee count or charge amount disclosed. | |||||
| 2020-10-31 | plant_closure | in_progress | 2021-01-30 | North America | Gap and Banana Republic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net of openings during fiscal 2020 YTD; no associated employee count disclosed. | ||||
| 2020-10-31 | other | announced | 2020-10-20 | 2021-01-30 | Europe | Gap and Banana Republic — 122 Company-operated stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Review considers franchise partnership transfers and e-commerce/warehouse changes; may result in lease, inventory, and employee-related costs. Targeting early fiscal 2021 to finalize. | |||
| 2020-10-31 | plant_closure | announced | 2020-10-22 | 2023-01-28 | North America | Gap and Banana Republic | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced October 22, 2020; majority of targeted stores have leases expiring in fiscal 2020–2021. No employee count disclosed. | |||
| 2020-10-31 | restructuring | in_progress | 2020-10-22 | 2023-01-31 | North America | Gap and Banana Republic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strategic focus to reduce number of Gap and Banana Republic stores by approx. 350 from beginning of fiscal 2020 to end of fiscal 2023. As of Oct 31, 2020, closed net of openings 143 stores. No specific employee count disclosed. | |||
| 2020-10-31 | restructuring | announced | 2020-10-20 | Europe | Gap and Banana Republic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strategic review of operating model in Europe (122 Company-operated stores). Considering leveraging franchise model and transferring elements to partners. Plans could result in additional costs including employee-related costs. Targeting early fiscal 2021 to finalize plans. | ||||
| 2020-08-01 | restructuring | in_progress | United States | Headquarters | USD 35 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Disclosed as a driver of the $286 million increase in first-half operating expenses; no employee count, announcement date, or completion timing provided. May overlap with the specialty fleet restructuring program. | ||||
| 2020-08-01 | restructuring | in_progress | Global | Gap and Banana Republic specialty fleet | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced in fiscal 2019 to restructure the specialty fleet and revitalize the Gap brand; filer states restructuring costs were not material in the first half of fiscal 2020 due to the shift in focus to COVID-19. No employee counts or charge amounts disclosed. | |||||
| 2020-08-01 | plant_closure | completed | Global | Company-operated stores (all brands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Permanent store closures only; excludes stores temporarily closed due to COVID-19. Closures by brand: Old Navy North America 8, Old Navy Asia 17, Gap North America 66, Gap Asia 10, Gap Europe 11, Banana Republic North America 45, Banana Republic Asia 5, Athleta 2, Intermix 1, Janie and Jack 8. No associated workforce reduction count disclosed. | |||||
| 2020-08-01 | restructuring | completed | Headquarters | USD 35 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to a reduction in headquarters workforce. | |||||
| 2020-05-02 | restructuring | completed | United States | Corporate functions | USD 35 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reduction across corporate functions during Q1 FY2020; number of employees affected not disclosed. | ||||
| 2020-05-02 | layoff | in_progress | North America | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Furloughed the majority of store teams in North America for the duration of temporary store closures; headcount not quantified. | |||||
| 2020-05-02 | plant_closure | completed | Global | Company-operated stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 43 Company-operated stores permanently closed during the quarter; associated workforce reduction not quantified. | |||||
| 2020-05-02 | other | in_progress | Global | Leadership team and Board of Directors | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Temporary pay reductions for the entire Gap Inc. leadership team and Board of Directors; not a headcount reduction. | |||||
| 2020-05-02 | restructuring | in_progress | 2020-03-12 | Corporate | Corporate functions | USD 35 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reducing headcount across corporate functions resulted in approximately $35 million of severance related costs during the first quarter of fiscal 2020. | |||
| 2020-05-02 | other | completed | 2020-03-01 | North America | Store teams | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Furloughing the majority of store teams in North America for the period stores were closed due to COVID-19. | ||||
| 2020-02-01 | restructuring | completed | 2019-02-28 | Old Navy Global | USD 301 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Plan to separate Old Navy into an independent public company was canceled on January 16, 2020 before any separation occurred; no workforce reduction resulted, hence no affected-employee count. Fiscal 2019 separation-related costs of $301 million comprised information technology $203 million (including $61 million loss on disposal of property and equipment), consulting and advisory fees $77 million, and other $21 million. An additional $28 million of canceled contract and commitment costs was accrued and is expected to be paid in fiscal 2020. Status 'completed' reflects the program's conclusion via cancellation. | ||||
| 2020-02-01 | plant_closure | in_progress | 2019-02-28 | 2021-01-30 | Global — Gap brand specialty stores (North America, Asia, Europe) | Gap Global | USD 61 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plan announced February 28, 2019 to close roughly 230 Gap specialty stores across fiscal 2019 and fiscal 2020 to restructure the specialty fleet. Fiscal 2019 costs of $61 million comprised operating lease cost $25 million, long-lived asset impairment $13 million, employee-related costs $13 million, and other $10 million. Two-year pre-tax program cost estimated at $250-$300 million, mostly cash lease-related; about 170 additional Gap closures planned for fiscal 2020, with the program expected to be substantially complete by the fiscal year ending January 30, 2021. Estimated annualized sales loss of about $625 million against roughly $90 million of annualized pre-tax savings. Affected employee headcount was not disclosed. | ||
| 2020-02-01 | acquisition_addition | completed | 2019-03-04 | United States | Janie and Jack (reported within Banana Republic Global) | USD 69 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Select assets of Gymboree Group related to the Janie and Jack premium children's apparel brand acquired via bankruptcy auction on March 4, 2019; the $69 million purchase price covered intellectual property, store property and equipment, and lease assumptions, with inventory purchased in a separate transaction. 140 stores transferred (139 in the year-end count after one later closure). Employee headcount added through the acquisition was not disclosed. | |||
| 2020-02-01 | plant_closure | in_progress | United States (New York City) | Gap Global and Old Navy Global flagship stores | USD 296 (millions) | other f5-10k / GLM-5.3-flash-HTML | Formal decision in the fourth quarter of fiscal 2019 to pursue exiting certain flagship store locations, primarily the New York Times Square flagships for Gap and Old Navy. Fiscal 2019 impairment charges totaled $296 million ($73 million store assets and $223 million operating lease assets), recorded in operating expenses. Exits were still being pursued as of the filing date; employee headcount impact was not disclosed. | ||||
| 2020-02-01 | plant_closure | announced | China | Old Navy Asia | MD&A f5-10k / GLM-5.3-flash-HTML | Filing states intent to close Old Navy stores in China by early 2020; Old Navy Asia ended fiscal 2019 with 17 store locations. No employee counts or associated charges were disclosed, and no specific announcement date was provided in the filing. | |||||
| 2020-02-01 | plant_closure | in_progress | 2019-02-28 | 2021-01-30 | Global | Gap Global specialty fleet | USD 61 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program to close about 230 Gap specialty stores across fiscal 2019 and fiscal 2020; $61M pre-tax costs incurred in fiscal 2019 (lease, employee-related, impairment). Two-year program estimated at $250M-$300M pre-tax; majority of closures expected in fiscal 2020. No employee count disclosed. | ||
| 2020-02-01 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Janie and Jack | USD 69 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Janie and Jack assets out of Gymboree bankruptcy for $69M; 140 stores acquired (139 net of one closure). Employee headcount added not disclosed. | ||
| 2020-02-01 | plant_closure | completed | 2020-02-29 | China | Old Navy Asia | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company intended to close its Old Navy stores in China by early 2020; 17 Old Navy Asia stores at fiscal year-end. No employee count disclosed. | ||||
| 2020-02-01 | other | completed | 2020-01-16 | 2020-01-16 | Global | Corporate | USD 301 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Old Navy separation plan announced 2019-02-28 and canceled 2020-01-16; $301M separation-related costs incurred in fiscal 2019 (IT $203M, consulting $77M, other $21M). $28M of accrued contract/commitment costs from cancellation. No employee count disclosed. | ||
| 2020-02-01 | other | announced | 2020-03-11 | Global | All brands | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | COVID-19 pandemic declared 2020-03-11; many Company-operated and franchise stores temporarily closed or operating reduced hours. Material adverse impact anticipated for fiscal 2020. No employee count disclosed. | ||||
| 2020-02-01 | restructuring | in_progress | 2019-02-28 | 2021-01-30 | Global | Gap Global Specialty Fleet | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced plan to close about 230 Gap specialty stores during fiscal 2019 and 2020. Estimated total pre-tax costs $250M-$300M. Incurred $61M in fiscal 2019. Employee headcount affected not explicitly disclosed. | ||
| 2020-02-01 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Janie and Jack | USD 69 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired select assets of Gymboree Group related to Janie and Jack brand. Purchase price $69M. Employee headcount added not explicitly disclosed. | ||
| 2020-02-01 | restructuring | in_progress | USD 61,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-02-01 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Operating lease Impairment [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating Expense [Member] / Operating lease Impairment [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating lease Impairment [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Facility Closing [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating Expense [Member] / Facility Closing [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Facility Closing [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Other Restructuring [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Operating Expense [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-02-01 | restructuring | in_progress | Restructuring Charges [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-11-02 | plant_closure | in_progress | 2019-02-28 | Global | Gap brand specialty fleet | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close about 230 Gap specialty stores during fiscal 2019 and fiscal 2020; estimated pre-tax costs of about $250 million to $300 million over the two-year period, mostly cash lease-related costs; estimated annualized sales loss of about $625 million and annualized pre-tax savings of about $90 million. Restructuring costs incurred were $8 million (13 weeks) and $23 million (39 weeks). No employee count disclosed; expected completion spans fiscal 2019 and fiscal 2020. | ||||
| 2019-11-02 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Janie and Jack (reported within Banana Republic Global) | USD 69 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of select Gymboree assets related to the Janie and Jack brand through a bankruptcy auction for $69 million; 140 stores acquired (net of one closure) and leases assumed for the majority of stores. Headcount added not disclosed. | ||
| 2019-11-02 | plant_closure | announced | China | Old Navy Asia | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company intends to close Old Navy stores in China by early 2020; no announcement date, store count, or employee impact disclosed in this filing. | |||||
| 2019-11-02 | restructuring | in_progress | 2019-02-28 | Global | Gap Specialty Fleet | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 restructuring costs of $8M incurred for Gap specialty fleet restructuring, primarily lease and employee-related costs. Part of a two-year plan to close ~230 stores with estimated pre-tax costs of $250M-$300M. | |||
| 2019-11-02 | restructuring | in_progress | 2019-02-28 | Global | Gap Specialty Fleet | USD 23 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2019 restructuring costs of $23M incurred for Gap specialty fleet restructuring, primarily lease and employee-related costs. | |||
| 2019-11-02 | other | in_progress | 2019-02-28 | 2020-12-31 | Global | Corporate / All Brands | USD 70 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 separation costs of $70M incurred related to the planned separation of Old Navy and Gap Inc., primarily IT and external adviser fees. | ||
| 2019-11-02 | other | in_progress | 2019-02-28 | 2020-12-31 | Global | Corporate / All Brands | USD 112 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2019 separation costs of $112M incurred related to the planned separation of Old Navy and Gap Inc., primarily IT and external adviser fees. | ||
| 2019-08-03 | restructuring | in_progress | 2019-02-28 | Global | Gap brand specialty fleet | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced February 28, 2019 to restructure the specialty fleet and revitalize the Gap brand, including closing about 230 Gap specialty stores during fiscal 2019 and fiscal 2020. Estimated pre-tax costs of $250 million to $300 million over the two-year period, mostly cash lease-related costs plus employee-related costs and asset/liability write-offs. Estimated annualized sales loss of approximately $625 million and annualized pre-tax savings of about $90 million. Restructuring costs of $14 million (thirteen weeks) and $15 million (twenty-six weeks) incurred in the period, primarily lease and employee-related costs. Number of employees affected not disclosed; expected completion spans fiscal 2019 and fiscal 2020. | ||||
| 2019-08-03 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Janie and Jack | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired select assets of Gymboree, Inc. related to the Janie and Jack brand through a bankruptcy auction for a $69 million purchase price; 140 stores and associated leases assumed. Headcount added through the acquisition not disclosed; results of operations since acquisition not material. | |||
| 2019-08-03 | restructuring | in_progress | 2019-02-28 | Global | Gap Specialty Fleet | USD 15 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced plan to close about 230 Gap specialty stores during fiscal 2019 and 2020. Estimated pre-tax costs of $250M-$300M. Incurred $15M in restructuring costs for the 26 weeks ended Aug 3, 2019, primarily lease and employee-related costs. | |||
| 2019-08-03 | restructuring | in_progress | 2019-02-28 | Global | Corporate / Separation | USD 42 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced plan to separate Company into two independent publicly-traded companies. Incurred $42M in separation costs for the 26 weeks ended Aug 3, 2019, primarily external adviser and consulting fees. | |||
| 2019-05-04 | plant_closure | in_progress | 2019-02-28 | 2020-01-31 | Global | Gap brand specialty stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close about 230 Gap specialty stores across fiscal 2019 and fiscal 2020; estimated pre-tax costs of $250M to $300M over two years, mostly cash lease-related costs, plus employee-related costs and asset/liability write-offs. Estimated annualized sales loss of about $625M and annualized pre-tax savings of about $90M. Employees affected not disclosed. $1M of pre-tax costs incurred in the quarter. | |||
| 2019-05-04 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | North America | Janie and Jack (reported within Banana Republic Global) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired select Gymboree assets related to Janie and Jack via bankruptcy auction for $69M; assumed leases for the majority of the 140 acquired stores. Headcount added not disclosed. | |||
| 2019-05-04 | restructuring | in_progress | 2019-02-28 | 2020-02-01 | Global | Gap Global | USD 250 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to close about 230 Gap specialty stores during fiscal 2019 and fiscal 2020. Estimated pre-tax costs $250M-$300M, primarily lease-related. $1M incurred in Q1 FY2019. | ||
| 2019-05-04 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Banana Republic Global | USD 69 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired select assets of Gymboree, Inc. related to Janie and Jack brand. Headcount not explicitly disclosed. | ||
| 2019-02-02 | plant_closure | announced | 2019-02-28 | Global | Gap brand specialty fleet | USD 250 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Board-approved plan to restructure the Gap specialty fleet, closing about 230 Gap specialty stores during fiscal 2019 and fiscal 2020. Estimated pre-tax costs of approximately $250 million to $300 million, majority cash lease-related expenditures; remainder primarily employee-related costs and write-offs of long-term assets and liabilities. Expected annualized sales loss of roughly $625 million with annualized pre-tax savings of about $90 million. Employee headcount impact not quantified. | |||
| 2019-02-02 | other | announced | 2019-02-28 | 2020 | Global | Old Navy; NewCo (Gap, Athleta, Banana Republic, Intermix, Hill City) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Board approved plan to separate into two independent publicly-traded companies: Old Navy and a new company holding the remaining brands. No workforce headcount, staffing split, or associated charges disclosed; completion targeted for 2020 and subject to final Board approval, tax opinion, and effectiveness of an SEC registration statement. | |||
| 2019-02-02 | acquisition_addition | completed | 2019-03-04 | Janie and Jack (premium children's fashion) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquired Janie and Jack from Gymboree Group on 2019-03-04 for approximately $35 million, plus a separate agreement to buy inventory at cost plus fees and expenses. Number of employees added through the acquisition not disclosed. | |||||
| 2019-02-02 | plant_closure | announced | 2019-02-28 | 2020-01-31 | Global | Gap brand specialty stores | USD 250 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program covers fiscal 2019 and fiscal 2020; pre-tax costs estimated at $250 million to $300 million, mostly cash lease-related costs, plus employee-related costs and asset/liability write-offs. Estimated annualized sales loss of about $625 million and annualized pre-tax savings of about $90 million. Employees affected not quantified. Also described in MD&A. | ||
| 2019-02-02 | acquisition_addition | completed | 2019-03-04 | 2019-03-04 | United States | Janie and Jack (premium children's fashion brand) | USD 35 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired from Gymboree Group, Inc. for approximately $35 million plus inventory at cost plus fees; headcount added not disclosed. Occurred after fiscal year-end and before the March 19, 2019 filing date. | ||
| 2019-02-02 | restructuring | announced | 2019-02-28 | 2020-12-31 | Global | Gap Brand | USD 275 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced Feb 28, 2019 (subsequent event). Plans to close about 230 Gap specialty stores during fiscal 2019 and 2020. Estimated pre-tax costs $250M-$300M over two years. Average used for charge value. | ||
| 2019-02-02 | other | announced | 2019-02-28 | 2020-12-31 | Global | Corporate | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced Feb 28, 2019 (subsequent event). Plan to separate Company into two independent publicly-traded companies: Old Navy and NewCo (Gap, Athleta, Banana Republic, Intermix, Hill City). Target completion 2020. | |||
| 2018-08-04 | plant_closure | completed | United States, Canada, Europe, Asia | Company-operated stores (Old Navy, Gap, Banana Republic, Athleta, Intermix) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 38 Company-operated stores closed during the 26 weeks ended 2018-08-04 (plus 37 franchise closures); no associated employee count or severance disclosed. Store closures were partly offset by 60 openings, leaving 3,187 Company-operated stores at quarter end. | |||||
| 2018-02-03 | plant_closure | completed | 2018-02-03 | North America, Asia, and Europe | Company-operated stores (Gap, Old Navy, Banana Republic, Intermix brands) | MD&A f5-10k / GLM-5.3-flash-HTML | Fiscal 2017 closure of 153 Company-operated stores, disclosed via the store count table as routine fleet rationalization rather than a formal restructuring program; no employee counts or severance amounts are quantified, though MD&A cites severance expenses and store closure impacts among fiscal 2017 operating expense drivers. Brand-level closures: Gap North America 42, Gap Asia 50, Gap Europe 12, Banana Republic North America 30, Old Navy North America 9, Intermix North America 5, Banana Republic Asia 4, Banana Republic Europe 1. An additional 64 franchise store closures involve franchisee personnel, not Gap employees. Note: the May 2016 restructuring program (Old Navy Japan exit, 67 stores closed, $197 million pre-tax restructuring costs) was fully attributed to fiscal 2016 in this filing and is therefore excluded as prior-year activity. | ||||
| 2018-02-03 | plant_closure | completed | United States, Canada, United Kingdom, France, Ireland, Japan, Italy, China, Hong Kong, Taiwan, Mexico, Asia | Company-operated store fleet (Gap, Old Navy, Banana Republic, Athleta, Intermix) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 153 Company-operated stores closed during fiscal 2017 (118 opened), reducing the fleet from 3,200 to 3,165; employees affected not disclosed. Excludes 64 franchise store closures, which are operated by third parties. MD&A notes operating expense movements included severance expenses and impacts of store closures, but no program-level employee count or charge is quantified for fiscal 2017. | |||||
| 2018-02-03 | restructuring | completed | 2016-05-01 | Global | Corporate and Brand Functions | USD 197 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Measures announced in May 2016 to align talent and financial resources. Charges incurred in fiscal 2016 included lease termination fees, employee-related costs, and store asset impairment. Fiscal 2017 results do not disclose specific employee counts for this program, only that it was completed. | |||
| 2018-02-03 | plant_closure | completed | 2016-05-01 | Japan | Old Navy | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closed entire fleet of 53 Old Navy stores in Japan during fiscal 2016 as part of strategic measures. Employee count not disclosed. | ||||
| 2017-10-28 | plant_closure | in_progress | United States, Canada, Europe, Asia | Company-operated retail stores (Gap, Old Navy, Banana Republic, Intermix) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 72 company-operated stores closed during the 39 weeks ended October 28, 2017 (net decrease of 7 stores to 3,193); no associated workforce reduction figures disclosed. | |||||
| 2017-10-28 | plant_closure | in_progress | International (Asia, Australia, Europe, Latin America, Middle East, Africa) | Franchise stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 44 franchise stores closed during the 39 weeks ended October 28, 2017 (net decrease of 13 to 446); franchise stores are operated by third parties, not Company employees. | |||||
| 2017-10-28 | restructuring | completed | 2016-02-01 | Global | Global | USD 29 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 restructuring costs incurred in Q3 FY2016 for comparison purposes; no specific employee count disclosed for this period's activity. | |||
| 2017-10-28 | restructuring | completed | 2016-02-01 | Global | Global | USD 179 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2016 restructuring costs incurred YTD FY2016 for comparison purposes; no specific employee count disclosed for this period's activity. | |||
| 2017-10-28 | plant_closure | completed | 2016-05-01 | Japan | Old Navy | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of 53 Old Navy stores in Japan announced in May 2016. Employee count not disclosed. | ||||
| 2017-10-28 | plant_closure | completed | 2016-05-01 | International | Banana Republic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of select Banana Republic stores, primarily internationally, announced in May 2016. Employee count not disclosed. | ||||
| 2017-07-29 | plant_closure | completed | 2016-05-01 | Japan | Old Navy | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of 53 Old Navy stores in Japan announced in May 2016. Store count dropped from 65 to 13 in the 26 weeks ended July 30, 2016, and remained at 13 in the current period. | ||||
| 2017-07-29 | plant_closure | completed | 2016-05-01 | International | Banana Republic | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of select Banana Republic stores, primarily internationally, announced in May 2016. Europe store count dropped from 10 to 0 in the 26 weeks ended July 30, 2016. | ||||
| 2017-01-28 | restructuring | completed | 2016-05 | 2017-01-28 | Primarily international (Japan and Europe), plus global corporate functions | Old Navy Global (Japan fleet); Banana Republic Global (select international stores, primarily Europe); brand and corporate functions | USD 197 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | May 2016 measures to focus brands on geographies with greatest potential and streamline the operating model. Components: closure of the entire 53-store Old Navy fleet in Japan, closure of select international stores primarily Banana Republic Europe (67 stores closed in total under these measures in fiscal 2016), and centralization/consolidation of brand and corporate functions. Fiscal 2016 charge composition: lease termination fees and lease losses $77M; employee-related costs $14M in COGS and $50M in operating expenses; store asset impairment $54M; other $16M. Measures substantially completed in fiscal 2016; a remaining $37M liability at January 28, 2017 was expected to be settled in cash during fiscal 2017. No employee headcount affected was disclosed; the $197M is a consolidated program total not broken out by component, hence a single consolidated record. | ||
| 2017-01-28 | acquisition_addition | completed | 2016-12-02 | 2016-12-02 | Other segment (Athleta, Intermix, and beginning in Q4 fiscal 2016, Weddington Way) | USD 4 (millions) | other f5-10k / GLM-5.3-flash-HTML | Acquired the net assets of Weddington Way, an online social shopping platform for wedding parties; $4 million figure is the aggregate purchase price, not a workforce charge. The filing states the acquisition does not have a material impact on the Consolidated Financial Statements and no employee headcount added was disclosed. Dates shown are the acquisition date, the only date provided. | |||
| 2017-01-28 | restructuring | completed | 2016-05 | 2017-01-28 | Global (including Japan, Europe) | Company-wide; Old Navy Japan, Banana Republic international, brand and corporate functions | USD 197 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Measures substantially completed in fiscal 2016; included closure of all 53 Old Navy Japan stores and 67 stores total related to the program, plus centralized/consolidated brand and corporate functions. Estimated annualized pre-tax savings of about $275 million. Employee-related costs of $50 million within the $197 million charge; number of employees affected not disclosed. | ||
| 2017-01-28 | acquisition_addition | completed | 2016-12-02 | 2016-12-02 | United States | Weddington Way (online wedding apparel brand) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of net assets of Weddington Way for $4 million aggregate purchase price; headcount added not disclosed. | |||
| 2017-01-28 | restructuring | completed | 2016-05-01 | 2017-01-28 | Global | Various (Gap, Old Navy, Banana Republic, Corporate) | USD 197 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Measures announced in May 2016 to align talent and resources. Included closure of 53 Old Navy stores in Japan and 67 total stores. Measures substantially completed in fiscal 2016. Employee count affected not explicitly disclosed. | ||
| 2017-01-28 | plant_closure | completed | 2016-05-01 | 2017-01-28 | Japan | Old Navy | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closed entire fleet of 53 Old Navy stores in Japan during fiscal 2016 as part of strategic realignment. | |||
| 2017-01-28 | restructuring | in_progress | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-01-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 171,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Charges that will be settled with cash payments [Member] / Other Restructuring [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Accelerated depreciation, net of reversal of depreciation expense related to asset retirement obligations [Member] | USD -9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Accelerated recognition of deferred rent [Member] | USD -8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Operating Expense [Member] | USD 197,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Operating Expense [Member] / Contract Termination [Member] | USD 77,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Operating Expense [Member] / Facility Closing [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Contract Termination [Member] | USD 80,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-01-28 | restructuring | in_progress | Employee Severance [Member] | USD 69,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | 2016-05-19 | 2016-12-31 | Global (Old Navy Japan; Banana Republic primarily international) | Old Navy, Banana Republic; corporate operating model | USD 210 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program bundles closure of 53 Old Navy stores in Japan, select Banana Republic store closures (about 75 stores total in fiscal 2016), and operating-model streamlining. Estimated fiscal 2016 pre-tax restructuring costs of $210M-$240M; $179M incurred in 39 weeks ended 2016-10-29 ($29M in Q3); 10 stores closed as of quarter-end. Employee-related costs disclosed ($45M-$50M estimated total) but no employee counts given. Expected annualized pre-tax savings about $275M; estimated annualized sales loss about $250M. | ||
| 2016-10-29 | restructuring | in_progress | 2016-05-19 | 2017-01-28 | Global | Global | USD 179 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced May 2016 measures to align talent/resources, including closure of 53 Old Navy stores in Japan and select Banana Republic stores. Cumulative pre-tax restructuring costs of $179 million incurred for the 39 weeks ended Oct 29, 2016. Employee-related costs included in this total were $44 million cumulative ($32M in operating expenses, $12M in COGS). No specific employee headcount reduction figure was disclosed. | ||
| 2016-10-29 | restructuring | in_progress | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-10-29 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Charges that will be settled with cash payments [Member] / Other Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Accelerated depreciation, net of reversal of depreciation expense related to asset retirement obligations [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Operating Expense [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Operating Expense [Member] / Contract Termination [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Operating Expense [Member] / Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Contract Termination [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-10-29 | restructuring | in_progress | Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | 2016-05-19 | 2017-01-28 | Global (Old Navy Japan; Banana Republic primarily international) | Old Navy Japan fleet (53 stores); select Banana Republic stores; global brand structure / operating model | USD 150 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | $150M pre-tax restructuring costs incurred in the 13 weeks ended 2016-07-30; total program estimated at $230M-$270M for fiscal 2016. About 75 stores expected to close in fiscal 2016. Employee-related costs of $41M accrued (lease termination $34M, other $12M) but no count of employees affected is disclosed. Estimated annualized pre-tax savings ~$275M; estimated annualized sales loss ~$250M. | ||
| 2016-07-30 | plant_closure | in_progress | 2016-05-19 | 2017-01-28 | Japan | Old Navy Global — wind-down of 53-store fleet | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Old Navy winding down Japan operations, closing its fleet of 53 stores; part of the same May 19, 2016 restructuring program. No employee headcount associated with the closures is disclosed; charges are reported on a consolidated program basis in Note 3. | |||
| 2016-07-30 | restructuring | in_progress | 2016-05-19 | 2017-01-28 | Global | Old Navy, Banana Republic | USD 150 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced May 2016. Includes closure of 53 Old Navy stores in Japan and select Banana Republic stores. Total expected pre-tax costs $230M-$270M. $150M incurred in Q2 2016. Employee-related costs incurred: $41M (Q2), $15M-$20M expected remainder. | ||
| 2016-07-30 | restructuring | in_progress | USD 150,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-07-30 | restructuring | in_progress | Charges that will be settled with cash payments [Member] | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Charges that will be settled with cash payments [Member] / Other Restructuring [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Accelerated Depreciation [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Employee Severance [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Cost Of Goods Sold And Occupancy Expense [Member] / Other Restructuring [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Operating Expense [Member] | USD 135,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Operating Expense [Member] / Contract Termination [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Operating Expense [Member] / Employee Severance [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Operating Expense [Member] / Facility Closing [Member] | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Operating Expense [Member] / Other Restructuring [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Contract Termination [Member] | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-30 | restructuring | in_progress | Employee Severance [Member] | USD 41,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-30 | restructuring | announced | 2016-05-19 | 2017-01-28 | Global; primarily Japan (Old Navy) and international Banana Republic locations | Old Navy, Banana Republic, and global corporate/operating model | USD 300 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter program announced May 19, 2016: wind down all 53 Old Navy stores in Japan, close select Banana Republic stores (mostly international), and streamline the operating model/global brand structure — about 75 store closures total in fiscal 2016. Pre-tax restructuring costs of about $300 million expected in fiscal 2016, about $100 million non-cash, covering long-term asset and lease-related costs, employee-related costs, and inventory impairment. Estimated annualized pre-tax savings about $275 million and annualized sales loss about $250 million. No employee count disclosed; expected completion within fiscal 2016 (52 weeks ending January 28, 2017). | ||
| 2016-04-30 | restructuring | announced | 2016-05-19 | 2016-12-31 | Global | Global | USD 300 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced May 19, 2016. Includes closure of 53 Old Navy stores in Japan and select Banana Republic stores. Total ~75 store closures expected in fiscal 2016. Pre-tax costs ~$300 million, ~$100 million non-cash. Employee-related costs included but specific headcount not disclosed. | ||
| 2016-01-30 | restructuring | in_progress | 2015-06 | Global — North America (primary), Europe, Asia | Gap brand — specialty store fleet and brand headquarters workforce | USD 132 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Multi-year program to right-size the Gap brand store fleet and streamline brand headquarters workforce. About 150 Gap specialty stores were closed in fiscal 2015 (per store table: 128 North America, 9 Asia, 18 Europe) as part of a stated plan to close roughly 175 North America specialty stores plus a limited number in Europe and Asia over the next few years. Total charges of $132M comprise $74M for store closures and workforce reduction (including $24M employee related expenses, $33M lease termination fees and lease losses, $10M store asset impairment, $7M other) and $58M of other charges (including $33M store asset impairment for underperforming stores, $20M inventory impairment, $5M other intangible asset impairment). Employee headcount affected not disclosed. | |||
| 2016-01-30 | plant_closure | completed | 2015-01 | United States | Piperlime brand | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Full discontinuation of the Piperlime brand, announced January 2015 and executed during the first half of fiscal 2015; encompassed the e-commerce site, social channels, and one New York City store. Affected employee count and associated charges not disclosed. | ||||
| 2016-01-30 | restructuring | in_progress | 2015-06 | Global (primarily North America, with limited Europe and Asia) | Gap brand — specialty stores and headquarters workforce | USD 132 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Gap brand strategic actions: right-sizing the store fleet (about 175 Gap specialty stores planned for closure over several years), streamlining headquarters workforce, and product framework work. About 150 global specialty stores were closed during fiscal 2015. Charges comprise $74M store closure/workforce reduction items (including $33M lease termination fees and losses, $24M employee-related expenses, $10M store asset impairment, $7M other) and $58M other charges ($33M underperforming-store impairment, $20M inventory impairment, $5M intangible impairment). No employee headcount affected is disclosed. | |||
| 2016-01-30 | plant_closure | completed | 2015-01 | 2015-07-31 | United States | Piperlime brand | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Piperlime brand closed during the first half of fiscal 2015, including the e-commerce site, social channels, and one New York City store. No employee count or associated charge disclosed. | |||
| 2016-01-30 | plant_closure | completed | 2016-01-30 | Global | Company-operated store fleet (all brands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 202 Company-operated stores closed during fiscal 2015 (versus 197 opened), reducing the fleet from 3,280 to 3,275 locations. Includes the Gap brand closures and Piperlime closure noted above; no separate employee impact quantified. Store closures are not additive to the other records. | ||||
| 2016-01-30 | restructuring | completed | 2015-06-01 | Global | Gap Brand | USD 132 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Strategic actions to position Gap brand for improved performance, including right-sizing store fleet and streamlining headquarters workforce. Approximately 150 global specialty stores closed. Charges include lease termination fees, employee related expenses, and asset impairments. Specific headcount reduction number not disclosed. | |||
| 2015-10-31 | restructuring | in_progress | 250 | 2015-06-01 | 2016-01-30 | North America | Gap brand headquarters | USD 130 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Gap brand strategic actions announced June 2015; HQ workforce reduction of approximately 250 roles expected during fiscal 2015. Company expects $130M–$140M total charges in fiscal 2015 for the strategic actions, including store closures, workforce reduction, and asset impairments. | |
| 2015-10-31 | plant_closure | in_progress | 2015-06-01 | 2018-01-31 | North America | Gap brand | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close approximately 175 Gap brand specialty stores in North America plus a limited number of European and Asian stores over the next few years; about 140 closures expected in fiscal 2015. No employee count disclosed for store closures. | |||
| 2015-10-31 | plant_closure | in_progress | 2015-06-01 | 2018-01-31 | Europe and Asia | Gap brand | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Limited number of Gap brand store closures in Europe and Asia as part of the same strategic actions announced June 2015; no specific store or employee counts disclosed for these regions. | |||
| 2015-10-31 | restructuring | in_progress | 2015-06-01 | 2016-01-30 | Global | Gap Brand | USD 107 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced June 2015. Includes closure of ~175 Gap specialty stores in North America, limited European/Asian stores, and reduction of ~250 headquarter roles. YTD charges of $107M include lease termination fees, employee-related expenses, and asset impairments. Total expected fiscal 2015 charges: $130M-$140M. | ||
| 2015-08-01 | plant_closure | in_progress | 2015-06 | North America and Europe | Gap brand | USD 23 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close about 175 Gap brand specialty stores over the next few years, with about 140 closures in fiscal 2015. Charge shown is the lease termination/loss component of the $39M combined store-closure and workforce-reduction total; store closures do not have a disclosed employee count. Overall program charges expected to be $130M-$140M in fiscal 2015. | |||
| 2015-08-01 | reduction_in_force | in_progress | 250 | 2015-06 | 2016-01-30 | United States | Gap brand headquarters | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gap brand headquarter workforce expected to be reduced by approximately 250 roles during fiscal 2015. Charge shown is the employee-related component of the $39M combined store-closure and workforce-reduction total. | |
| 2015-08-01 | restructuring | in_progress | 2015-06-01 | 2016-01-30 | Global | Gap Brand | USD 83 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced June 2015. Includes closing ~175 specialty stores (140 in FY2015) and reducing headquarter workforce by ~250 roles in FY2015. Q2 charges of $83M include lease termination fees, lease losses, employee-related expenses, and asset impairments. Total expected FY2015 charges: $130M-$140M. | ||
| 2015-05-02 | plant_closure | completed | 2015-04-30 | United States | Piperlime (North America) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Piperlime brand discontinued as of April 30, 2015; its single North America store closed. No affected-employee count or charge disclosed. | ||||
| 2015-01-31 | plant_closure | announced | 2015-01 | United States | Piperlime brand (managed under Growth, Innovation, and Digital division) | MD&A f5-10k / GLM-5.3-flash-HTML | Discontinuation of the entire Piperlime brand announced January 2015: closure of the e-commerce and social sites plus the brand's single New York City store, expected by the end of the first half of fiscal 2015 (approximately August 2015). No headcount impact, severance, or related charge quantified in the filing. | ||||
| 2015-01-31 | other | announced | 2015-01 | 2015-07-31 | United States | Piperlime brand (GID division) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company announced in January 2015 it would discontinue the Piperlime brand, including its e-commerce and social sites and its single New York City store, by the end of the first half of fiscal 2015. No employee-impact count or charge disclosed. | |||
| 2015-01-31 | plant_closure | completed | 2015-01-31 | United States, Canada, Europe, Asia | Company-operated stores (all brands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 100 Company-operated stores closed during fiscal 2014 (113 total including 13 franchise closures). Workforce impact of closures not quantified; long-lived asset impairment charge of $10 million recorded in fiscal 2014. | ||||
| 2014-02-01 | plant_closure | completed | North America, Europe, and Asia | Company-operated retail stores (Gap, Old Navy, Banana Republic, Intermix) | MD&A f5-10k / GLM-5.3-flash-HTML | Routine retail portfolio churn rather than a discrete workforce program: 190 Company-operated stores opened and 121 closed during fiscal 2013. Closures by brand/region per the store table: Gap North America 60, Old Navy North America 33, Banana Republic North America 15, Gap Europe 8, Gap Asia 3, Banana Republic Asia 1, Intermix North America 1. The filing does not quantify workforce reductions, severance, or restructuring charges tied to these closures; only a de minimis $1 million long-lived asset impairment charge is disclosed for fiscal 2013. | |||||
| 2013-02-02 | plant_closure | completed | Stores reportable segment (multiple brands) | MD&A f5-10k / GLM-5.3-flash-HTML | Fiscal 2012 store count table reports 137 Company-operated stores closed during the year (165 opened): Gap North America 83, Old Navy North America 32, Banana Republic North America 13, Gap Asia 6, Banana Republic Asia 2, Gap Europe 1. No employee headcount or severance impact is disclosed; the filing separately reports an $8 million Stores-segment long-lived asset impairment for fiscal 2012 without attributing it to specific closures. Forward guidance to close about 110 stores in fiscal 2013 is an expectation, not a discrete announced action, and was not extracted. | ||||||
| 2013-02-02 | acquisition_addition | completed | 2012-12-31 | United States and Canada | Direct reportable segment (Intermix brand) | USD 129 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Gap acquired all outstanding stock of Intermix on December 31, 2012 for $129 million in cash; the acquired Intermix footprint comprised 31 stores, included in the 3,095 year-end company-operated store count. Added employee headcount was not disclosed. The charge value shown is the aggregate purchase price, not a severance or restructuring charge. | |||
| 2013-02-02 | acquisition_addition | completed | 2012-12-31 | 2012-12-31 | United States and Canada | Direct reportable segment | USD 129 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Intermix Holdco Inc. for $129 million cash; 31 stores acquired and included in year-end store count. Purchase price allocated to goodwill ($85M), trade name ($38M), amortizable intangibles ($3M) and net assets ($3M); acquired headcount not disclosed. | ||
| 2013-02-02 | plant_closure | completed | 2013-02-02 | Global | Stores reportable segment | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 137 Company-operated stores closed during fiscal 2012 (165 opened; net locations rose from 3,036 to 3,095). A further 13 franchise stores closed (98 franchise stores opened). Associated employee reductions are not quantified; lease losses of $3 million were recorded in fiscal 2012. | ||||
| 2013-02-02 | acquisition_addition | completed | 2012-12-31 | 2012-12-31 | United States and Canada | Direct | USD 129 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired Intermix Holdco Inc. for $129 million. Employee count not explicitly disclosed in acquisition footnote. | ||
| 2012-01-28 | plant_closure | completed | 2012-01-28 | North America (United States and Canada) | Gap brand — Stores reportable segment | MD&A f5-10k / GLM-5.3-flash-HTML | 91 Gap North America stores closed during fiscal 2011 (23 opened) as part of ongoing strategic closures and consolidations reducing North America square footage. Closures occurred throughout the fiscal year; only store counts disclosed, employee impact not quantified. | ||||
| 2012-01-28 | plant_closure | completed | 2012-01-28 | North America (United States and Canada) | Old Navy brand — Stores reportable segment | MD&A f5-10k / GLM-5.3-flash-HTML | 43 Old Navy North America stores closed during fiscal 2011 (32 opened); MD&A attributes the North America square-footage reduction partly to Old Navy downsizes. Employee impact not quantified. | ||||
| 2012-01-28 | plant_closure | announced | 2012-03-26 | 2013-02-02 | Company-wide; Gap brand consolidation focused on North America | Company-operated stores (Stores reportable segment); Gap brand | MD&A f5-10k / GLM-5.3-flash-HTML | Forward-looking fiscal 2012 plan: roughly 115 company-operated store closures against about 125 openings, with net square footage expected to decline about 1 percent. Gap brand targeted to reach roughly 950 North America stores by the end of fiscal 2013 through ongoing strategic closures and consolidations. Disclosed in the 10-K filed 2012-03-26; not yet executed as of filing. | |||
| 2012-01-28 | plant_closure | completed | North America, Europe, Asia | Stores (Gap, Old Navy, Banana Republic) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 154 Company-operated stores closed during fiscal 2011 (Gap North America 91, Old Navy North America 43, Gap Europe 5, Gap Asia 5, Banana Republic North America 9, Banana Republic Asia 1), plus 3 franchise stores closed; 122 stores opened. No associated headcount impact or severance charge disclosed. Fiscal 2012 plan (forward-looking) contemplates closing about 115 Company-operated stores. | |||||
| 2011-10-29 | plant_closure | completed | Global (primarily U.S. and Canada) | Stores reportable segment — Company-operated stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 82 Company-operated stores closed during the 39 weeks ended 2011-10-29 (net store count 3,065; net square footage down about 2% expected for fiscal 2011). No associated headcount reduction or severance disclosed. | |||||
| 2011-01-29 | plant_closure | completed | United States, Canada, United Kingdom, France, Ireland, Japan | Company-operated retail stores (Gap, Old Navy, Banana Republic brands) | MD&A f5-10k / GLM-5.3-flash-HTML | 98 Company-operated stores closed during fiscal 2010 (Gap North America 53, Gap Europe 6, Gap Asia 2, Old Navy North America 30, Banana Republic North America 6, Banana Republic Europe 1) as part of ongoing store fleet rationalization; excludes 5 franchise store closures (franchisee-operated); no employee headcount or severance charge amounts disclosed. | |||||
| 2011-01-29 | plant_closure | announced | Not specified | Company-operated retail stores | MD&A f5-10k / GLM-5.3-flash-HTML | Company expects to close about 125 Company-operated store locations in fiscal 2011 (alongside about 115 planned openings), reducing net Company-operated square footage by roughly 3 percent; disclosed in the fiscal 2010 Form 10-K; no employee headcount impact or charges disclosed. | |||||
| 2011-01-29 | plant_closure | completed | 2011-01-29 | United States, Canada, United Kingdom, France, Ireland, Japan, China, Italy | Stores reportable segment | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2010 store closures: 98 Company-operated stores and 5 franchise stores closed (103 total), against 118 openings; no associated employee reduction count or charge is disclosed. | ||||
| 2010-01-30 | plant_closure | completed | 2010-01-30 | United States, Canada, United Kingdom, France, Ireland, and Japan | Stores reportable segment (Gap, Old Navy, Banana Republic brands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 101 company-owned stores closed during fiscal 2009 (47 opened), ending the year with 3,095 locations; associated workforce reduction not quantified by the filer. | ||||
| 2010-01-30 | plant_closure | completed | 550 | 2007-02 | 2007-06-30 | United States | Forth & Towne | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Forth & Towne brand stores. Workforce reduced by approximately 550 employees in fiscal 2007. All stores closed by end of June 2007. | ||
| 2009-10-31 | plant_closure | completed | United States and international | Stores reportable segment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 42 wholly owned stores closed during the 39 weeks ended 2009-10-31 (36 opened), leaving 3,143 locations; no associated workforce reduction figures disclosed. Company expected about 100 store closures for fiscal 2009 including repositions. | |||||
| 2009-08-01 | plant_closure | completed | 2009-08-01 | United States and international | Stores reportable segment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 27 wholly owned stores closed during the 26 weeks ended August 1, 2009 (net store count 3,145). No associated headcount or severance figures disclosed. | ||||
| 2009-08-01 | plant_closure | announced | 2010-01-30 | United States and international | Stores reportable segment | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2009 plan: about 50 new store openings and about 100 closures, including repositions; net square footage expected to decrease about 2 percent. No workforce impact quantified. | ||||
| 2009-01-31 | other | completed | 7,000 | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Net headcount decrease of 7,000 versus fiscal 2007 year-end (141,000 to 134,000), attributed by the company to its ongoing commitment to cost management. Not a formally announced restructuring or RIF program; no severance charge was disclosed for fiscal 2008 (a $20 million severance-related cost-reduction charge related to fiscal 2007 only and was therefore not extracted). | ||||||
| 2009-01-31 | plant_closure | completed | United States, Canada, United Kingdom, France, Ireland, Japan (wholly owned store fleet) | Stores reportable segment (Gap, Old Navy, Banana Republic) | MD&A f5-10k / GLM-5.3-flash-HTML | 119 wholly owned store locations closed during fiscal 2008 (Gap North America 69, Gap Europe 9, Gap Asia 5, Old Navy North America 26, Banana Republic North America 10), alongside 101 openings; routine fleet optimization rather than an announced closure program. Affected employee count not disclosed; closures contribute to the 7,000 net workforce decrease reported in Item 1, so the two records overlap in cause. | |||||
| 2009-01-31 | acquisition_addition | completed | 2008-09-28 | United States (Petaluma, California) | Direct reportable segment | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired all outstanding capital stock of Athleta, Inc., a women's sports and active apparel company, for an aggregate purchase price of $148 million in cash including transaction costs; results consolidated from September 29, 2008 and all assets allocated to the Direct segment. Number of employees added through the acquisition is not disclosed. | ||||
| 2009-01-31 | plant_closure | announced | 2009-03-27 | Stores reportable segment | MD&A f5-10k / GLM-5.3-flash-HTML | Forward-looking guidance for fiscal 2009: company expects to close about 100 store locations (alongside about 50 openings), reducing net square footage by roughly 2 percent. No employee impact quantified; announcement date reflects the 10-K disclosure date of March 27, 2009. | |||||
| 2009-01-31 | other | completed | 7,000 | Global | Company-wide | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Year-over-year headcount decline of 7,000 versus fiscal 2007, attributed by the filer to cost management; not labeled as a formal RIF or restructuring and no severance charge disclosed. | ||||
| 2009-01-31 | acquisition_addition | completed | 2008-09-28 | 2008-09-28 | United States | Direct (online and catalog) | USD 148 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Athleta acquired September 28, 2008 for $148 million; no employee headcount associated with the acquisition is disclosed. | ||
| 2009-01-31 | restructuring | completed | 550 | 2007-02 | 2007-06-30 | United States | Forth & Towne | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of 19 Forth & Towne stores and reduction of workforce by approximately 550 employees in fiscal 2007. | ||
| 2009-01-31 | restructuring | completed | 7,000 | Global | Corporate and Store Operations | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Reduction in number of employees by 7,000 compared to fiscal 2007 reflects ongoing commitment to cost management. | ||||
| 2008-11-01 | acquisition_addition | completed | 2008-09-28 | United States | Athleta (women's active apparel) | USD 147 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $147M in cash including transaction costs; headcount added not disclosed. Results included from September 29, 2008. | |||
| 2008-11-01 | plant_closure | completed | Global | Multiple brands (Gap, Old Navy, Banana Republic) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 17 stores closed during the third quarter of fiscal 2008 (37 opened); 69 stores closed year-to-date (92 opened, including 16 repositions counted as both). Associated workforce impact not disclosed. | |||||
| 2008-11-01 | restructuring | completed | 550 | 2007-02-01 | 2007-06-30 | Global | Forth & Towne | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction associated with closure of 19 Forth & Towne stores completed in fiscal 2007. | ||
| 2008-08-02 | restructuring | completed | 550 | 2007-02-01 | 2007-06-30 | Global | Forth & Towne | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction associated with the closure of 19 Forth & Towne stores, completed in fiscal 2007. | ||
| 2008-05-03 | other | completed | 1 | 2008-02-19 | 2008-02-19 | United States | Old Navy — Brand President | USD 620,747 (units) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Involuntary termination of President, Old Navy, effective 2008-02-19; agreement signed 2008-03-25 provides $620,747 additional consideration plus a $337,500 additional payment, with relocation cost and initial bonus repayment waived. | |
| 2008-05-03 | other | completed | 1 | 2008-03-20 | 2008-03-31 | United States | Corporate — Chief Legal and Administrative Officer | USD 50,000 (units) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employment terminated effective 2008-03-31; $50,000 additional consideration for release. Severance under amended agreement (Exhibit 10.2) includes 18 months salary, COBRA and financial counseling continuation, and accelerated vesting of awards vesting within 18 months; dollar value of severance not quantified. | |
| 2008-05-03 | plant_closure | completed | Retail stores (all brands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 23 stores closed during the first quarter of fiscal 2008 (33 new stores opened in the same period); no associated workforce reduction count disclosed. Store count moved from 3,134 to 3,177 locations. | ||||||
| 2008-05-03 | restructuring | completed | 550 | 2007-02-01 | 2007-06-30 | Global | Forth & Towne | USD 46 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction of approx. 550 employees in fiscal 2007 related to closure of 19 Forth & Towne stores. Pre-tax charges included $29M asset impairment, $4M severance, and $3M admin costs. | |
| 2008-02-02 | plant_closure | completed | 550 | 2007-02-26 | 2007-06-30 | United States (10 U.S. markets) | Forth & Towne brand | USD 56 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | All 19 Forth & Towne stores were closed by the end of June 2007 with approximately 550 positions eliminated. Fiscal 2007 pre-tax discontinued-operation loss of $56 million includes $5 million employee severance, $29 million long-lived asset impairment, $6 million lease settlement charges, $2 million net sublease losses and $4 million administrative and other costs; $34 million after tax benefit. Employee count is approximate. | |
| 2008-02-02 | restructuring | completed | Headquarter locations | Corporate / headquarter functions | USD 34 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Organizational streamlining to let brands make decisions and effect change more efficiently; $32 million recorded in operating expenses and $2 million in cost of goods sold and occupancy, with the majority related to severance benefits for headquarter employees. Quarterly data footnote indicates $20 million was recognized in fiscal Q2 2007. Number of employees affected was not disclosed. | ||||
| 2008-02-02 | plant_closure | completed | Store fleet (Gap, Old Navy, Banana Republic and other brands) | MD&A f5-10k / GLM-5.3-flash-HTML | 178 store locations closed during fiscal 2007, including 45 Old Navy Outlet stores converted to Old Navy (counted as both openings and closings) and the 19 Forth & Towne closures captured as a separate action above. No associated headcount reduction or charge was disclosed for these routine fleet closures; 214 new stores were opened in the same period. | ||||||
| 2008-02-02 | plant_closure | completed | 550 | 2007-02-26 | 2007-06-30 | United States | Forth & Towne | USD 5 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | About 550 positions eliminated; all 19 stores closed by end of June 2007. Charge shown is FY2007 pre-tax employee severance within a $56 million total pre-tax discontinued-operation loss (includes $29M asset impairment, $6M lease settlements, $2M sublease losses, $4M other). | |
| 2008-02-02 | restructuring | completed | United States | Corporate / headquarters | USD 34 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Organizational streamlining in FY2007; $34M total ($32M operating expenses, $2M cost of goods sold and occupancy), majority severance for headquarters employees. Headcount affected not disclosed. | ||||
| 2008-02-02 | restructuring | completed | 550 | 2007-02-26 | 2007-06-30 | United States | Forth & Towne | USD 5 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction in workforce associated with the closure of all 19 Forth & Towne stores. Total pre-tax loss included $5 million employee severance. | |
| 2007-11-03 | plant_closure | completed | 550 | 2007-02 | 2007-06-30 | United States | Forth & Towne | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All 19 Forth & Towne stores closed by end of June 2007; workforce reduced by approximately 550 employees in first half of fiscal 2007. 39-week loss included $29M long-lived asset impairment, $5M net sublease losses, $4M employee severance, $3M other lease charges, $4M admin/other costs. | ||
| 2007-11-03 | restructuring | in_progress | United States | Corporate / cost reduction initiatives | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance of $20M for 39 weeks and $2M for 13 weeks related to cost reduction initiatives under SFAS 112; no employee count disclosed. MD&A cites $32M total expense for cost reduction initiatives in first three quarters of fiscal 2007. | ||||
| 2007-11-03 | restructuring | completed | 550 | 2007-02-01 | 2007-06-30 | Global | Forth & Towne | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 19 Forth & Towne stores. Workforce reduced by approx. 550 employees in first half of fiscal 2007. $4 million employee severance recorded in 39 weeks ended Nov 3, 2007. | |
| 2007-11-03 | restructuring | in_progress | Global | Corporate / General | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cost reduction initiatives. $20 million employee severance recorded in 39 weeks ended Nov 3, 2007 for employees terminated under existing transition policies. Employee count not disclosed. | ||||
| 2007-08-04 | plant_closure | completed | 550 | 2007-02 | 2007-06-30 | United States | Forth & Towne | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All 19 Forth & Towne stores closed by end of June 2007; workforce reduced by approximately 550 employees. Total loss from the discontinued operation was $54M pre-tax for the 26 weeks ended August 4, 2007, including $29M asset impairment, $5M sublease losses, $4M severance, $3M administrative costs, and $2M other lease charges. Future charges expected to be immaterial. | |
| 2007-08-04 | reduction_in_force | completed | 2,200 | 2007-08-04 | United States | Primarily headquarters / corporate functions | USD 25 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,200 positions eliminated during the first half of fiscal 2007 as part of cost reduction initiatives, of which about one-third were open positions; roughly $25M pre-tax expense, mostly severance for headquarters employees. No specific announcement date given. | ||
| 2007-08-04 | plant_closure | in_progress | 2007-02 | 2007-12-31 | United States | Distribution — Hebron, Kentucky facility | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facility closure decided February 2007 as part of network capacity assessment; closure expected complete by December 2007. Related charges described as not material; no employee count disclosed. | |||
| 2007-08-04 | other | in_progress | 2007-03 | 2007-10-31 | United States | Old Navy — conversion of approximately 45 Old Navy Outlet stores into Old Navy stores | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Store format conversion announced March 2007, expected complete by October 2007; charges described as not material and no employee count disclosed. Store conversion rather than closure. | |||
| 2007-08-04 | plant_closure | completed | 550 | 2007-02-01 | 2007-06-30 | United States | Forth & Towne | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 19 Forth & Towne stores completed by end of June 2007. Workforce reduced by approximately 550 employees. Accrued severance balance at August 4, 2007 was $2 million. | |
| 2007-08-04 | restructuring | in_progress | 2007-02-01 | 2007-12-31 | United States | Distribution | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Decision to close distribution facility in Hebron, Kentucky. Closure expected to be completed by December 2007. Employee count not disclosed. | |||
| 2007-08-04 | restructuring | in_progress | 2007-03-01 | 2007-10-31 | United States | Old Navy | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Conversion of approximately 45 Old Navy Outlet stores into Old Navy stores. Conversion expected to be completed by October 2007. Employee count not disclosed. | |||
| 2007-08-04 | reduction_in_force | completed | 2007-02-04 | 2007-08-04 | Global | Corporate and Store Operations | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employee severance charges of $18 million recorded for the twenty-six weeks ended August 4, 2007, primarily related to cost reduction initiatives. Specific employee count not disclosed. | ||
| 2007-05-05 | plant_closure | in_progress | 550 | 2007-02-26 | 2007-06-30 | Forth & Towne | USD 37 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 charges comprise $29M long-lived asset impairment, $4M severance, $3M admin/other, $1M inventory write-offs. All 19 stores planned for closure by end of June 2007. Additional $5-10M closure charges expected in Q2-Q3 FY2007, primarily lease-related. Total pre-tax net loss for Forth & Towne in FY2007 expected at ~$60M including operating losses. | ||
| 2007-05-05 | plant_closure | in_progress | 2007-02 | 2007-12-31 | United States | Distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of distribution facility in Hebron, Kentucky announced February 2007. Charges in Q1 and expected future expenses described as not material; no employee count disclosed. | |||
| 2007-05-05 | other | in_progress | 2007-03 | 2007-10-31 | United States | Old Navy | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Conversion of approximately 45 Old Navy Outlet stores into Old Navy stores announced March 2007. Charges in Q1 and expected future expenses described as not material; no employee count disclosed. | |||
| 2007-05-05 | restructuring | in_progress | Corporate / organizational | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance of $5M recorded in Q1 FY2007 for organizational changes separate from Forth & Towne. An additional $8M of employee severance related to organizational changes was recorded subsequent to quarter-end. No employee count disclosed for either tranche. | |||||
| 2007-05-05 | restructuring | in_progress | 550 | 2007-02-26 | 2007-06-30 | United States | Forth & Towne | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of 19 Forth & Towne stores. Charges include $29M impairment, $4M severance, $3M admin, $1M inventory write-offs. | |
| 2007-05-05 | restructuring | in_progress | 2007-02-01 | 2007-12-31 | United States | Distribution | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of distribution facility in Hebron, Kentucky. Charges not material. | |||
| 2007-05-05 | restructuring | in_progress | 2007-03-01 | 2007-10-31 | United States | Old Navy | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Conversion of approximately 45 Old Navy Outlet stores into Old Navy stores. Charges not material. | |||
| 2007-05-05 | restructuring | in_progress | 2007-02-01 | Global | Corporate | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Employee severance related to other organizational changes. $5M recorded in Q1, $8M recorded subsequent to quarter end. | |||
| 2007-02-03 | plant_closure | announced | 2007-02-26 | 2007-06-30 | United States | Forth & Towne | USD 40 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | All 19 Forth & Towne stores to be closed after the concept failed to demonstrate acceptable long-term return on investment. Approximate $40 million pre-tax charge comprises long-term asset and facilities-related costs, severance and outplacement costs, inventory write-offs, and administrative costs; recognized primarily in the first and second quarters of fiscal 2007, with certain facilities-related cash payments spread over remaining lease terms. Headcount affected not disclosed. | ||
| 2007-02-03 | plant_closure | announced | 2007-02 | United States (Hebron, Kentucky) | Distribution / logistics | USD 6 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Decision made in February 2007 as part of an ongoing assessment of network capacity; no headcount or completion date disclosed. The approximately $6 million of expected fiscal 2007 expenses covers both this closure and the conversion of 45 Old Navy Outlet stores into Old Navy stores and is not broken out between the two actions. | |||
| 2007-02-03 | plant_closure | completed | 2006-06 | Canada (Brampton, Ontario) | Distribution / logistics | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | One of two Brampton distribution facilities closed in fiscal 2006 and its operations consolidated into the other Brampton facility. A purchase agreement was executed in June 2006 and the sale completed in the third fiscal quarter of fiscal 2006, producing a $3 million gain recorded in operating expenses (a gain, not a charge). Workforce impact not disclosed. | ||||
| 2007-02-03 | other | completed | USD 10 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2006 severance and outplacement reserve roll-forward shows a net additional provision of $10 million and $5 million of cash payments during the year, leaving a $7 million reserve balance at February 3, 2007. No underlying program, event, or headcount is identified in the filing; relationship to specific fiscal 2006 store or facility closures is not disclosed. | ||||||
| 2007-02-03 | plant_closure | announced | 2007-02-26 | 2007-06-30 | United States | Forth & Towne brand | USD 40 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax expenses cover long-term asset and facilities costs, severance and outplacement, inventory write-offs and administrative costs; recognized primarily in the first two quarters of fiscal 2007, with some facilities cash payments over remaining lease terms. Headcount impact not disclosed. | ||
| 2007-02-03 | other | announced | 2007-03-01 | 2007-10-31 | United States | Old Navy brand | USD 6 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge of approximately $6 million is combined with the Hebron, Kentucky distribution facility closure and is not allocated between the two actions. Conversion of 45 stores; headcount impact not disclosed. | ||
| 2007-02-03 | plant_closure | announced | 2007-02-28 | United States | Distribution | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made in February 2007 (exact day not disclosed; date shown is month-end placeholder). Expenses are part of the combined approximately $6 million with the Old Navy Outlet conversion. Headcount impact not disclosed. | ||||
| 2007-02-03 | plant_closure | completed | 2006-06-30 | 2006-10-28 | Canada | Distribution | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | One of two Brampton, Ontario facilities closed and operations consolidated into the remaining facility; purchase and sale agreement executed June 2006, sale completed in the third fiscal quarter of 2006 with a $3 million gain recorded in operating expenses. Announcement date shown is month placeholder; headcount impact not disclosed. | |||
| 2007-02-03 | plant_closure | completed | 2007-02-03 | United States and international | Retail stores (all brands) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year count of store closures (194 stores also opened during the year). Associated workforce reduction not quantified in the filing. | ||||
| 2007-02-03 | plant_closure | announced | 2007-02-26 | 2007-06-30 | United States | Forth & Towne | USD 40 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Announced closure of all 19 Forth & Towne stores. Pre-tax expenses of approx $40 million include long-term asset costs, severance, inventory write-offs, and administrative costs. Employee count not explicitly disclosed. | ||
| 2007-02-03 | plant_closure | announced | 2007-02-01 | United States | Distribution | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Decision to close distribution facility in Hebron, Kentucky. Expenses associated with this closure and Old Navy Outlet conversions expected to be approx $6 million in fiscal 2007. Employee count not explicitly disclosed. | ||||
| 2006-01-28 | restructuring | completed | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Six million dollars of corporate severance and outplacement expense recorded in fiscal 2005; the severance liability roll-forward shows the provision fully paid in cash during the year, leaving the ending balance unchanged at $2 million. Number of employees affected not disclosed. MD&A discussion sits within the second-quarter corporate facility assessment narrative, but the charge is not separately dated. | |||||
| 2006-01-28 | plant_closure | completed | 2006-01-28 | Gap brand (primarily) | MD&A f5-10k / GLM-5.3-flash-HTML | 139 under-performing store locations closed during fiscal 2005, mainly Gap brand. Store closures imply store-level workforce reductions, but no employee counts are disclosed. Most closures occurred at lease expiration. | |||||
| 2006-01-28 | plant_closure | announced | 2006 | Brampton, Ontario, Canada | Distribution operations | other f5-10k / GLM-5.3-flash-HTML | One of two Brampton, Ontario distribution facilities to be closed, with operations consolidated into the other Brampton facility in the fall of 2006. Described as recently announced; exact announcement date not disclosed. No employee count provided. | ||||
| 2006-01-28 | plant_closure | announced | 2006-03-27 | 2007-02-03 | North America | Gap brand (primarily) | MD&A f5-10k / GLM-5.3-flash-HTML | Fiscal 2006 real estate plan (53-week year ending 2007-02-03) to close about 135 stores, mainly Gap brand in North America, with most closures at lease expiration. Announcement date reflects the Form 10-K filing date; plan implies store-level workforce reduction but no headcount is disclosed. | |||
| 2006-01-28 | other | announced | 2006-01-13 | Information Technology | other f5-10k / GLM-5.3-flash-HTML | Ten-year non-exclusive IT services agreement under which IBM will operate IT infrastructure previously run in-house; renewable up to three additional years. The attached MSA defines 'Affected Employees' and 'Employment Claim(s)', indicating workforce impact, but no headcount or employee-transfer terms are disclosed in the filing. Approximately $1.1 billion of expected payments over the initial term is a service commitment, not a workforce charge. | |||||
| 2006-01-28 | plant_closure | completed | Primarily United States (North America) | Primarily Gap brand | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 139 under-performing store locations closed during fiscal 2005, mainly Gap brand; store-attribute closures occurred mainly upon lease expiration. No associated employee count or charge disclosed. Store count moved from 2,994 to 3,053 (198 openings, 139 closures). | |||||
| 2006-01-28 | restructuring | completed | United States | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2005 charge of $6 million for corporate severance and outplacement expenses, recorded alongside a net $61 million release of sublease loss reserve. Number of employees affected not disclosed. | ||||
| 2006-01-28 | plant_closure | announced | 2006-09-30 | Brampton, Ontario, Canada | Distribution | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company announced it will close one of its two Brampton, Ontario distribution facilities and consolidate operations into the other Brampton facility in fall 2006. Announcement date not stated; no employee count or charge disclosed. | ||||
| 2006-01-28 | other | announced | 2006-01-13 | United States | Information Technology | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-exclusive services agreement with IBM dated January 13, 2006 under which IBM will operate certain IT infrastructure functions currently operated in-house; initial 10-year term with expected payments of approximately $1.1 billion. No employee transfer or headcount impact quantified; treated as announced outsourcing arrangement rather than a quantified RIF. | ||||
| 2006-01-28 | restructuring | completed | 2005-04-30 | United States | Corporate | USD -61 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Net release of $61 million sublease loss reserve due to decision to occupy vacant leased properties in San Francisco. | |||
| 2006-01-28 | plant_closure | completed | 2004-01-01 | 2004-08-01 | Germany | Gap | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Gap stores and exit from German market completed in August 2004. 10 store locations affected. | |||
| 2005-10-29 | plant_closure | completed | 2005-10-31 | Edgewood, Maryland, United States | Distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facility closed July 2005, operations consolidated into other facilities, facility sold October 2005; no material charges and no affected-employee count disclosed. | ||||
| 2005-10-29 | plant_closure | completed | 2005-10-29 | United States (mainly Gap brand and Old Navy) | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 11 under-performing stores during the third quarter; no associated workforce reduction quantified. | ||||
| 2005-10-29 | plant_closure | completed | 2005-10-29 | Maryland, USA | Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed Edgewood, Maryland distribution facility in July 2005 and sold it in October 2005. Operations consolidated into other facilities. No material charges recorded. | ||||
| 2005-07-30 | plant_closure | completed | Gap brand (predominantly) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closures occurred during the quarter; no employee counts, severance charges, or closure dates disclosed. Offset by 40 new store openings, mainly Old Navy. | ||||||
| 2005-07-30 | plant_closure | completed | 2005-07 | United States (Edgewood, Maryland) | Distribution | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Facility closed and operations consolidated into other facilities in July 2005; filing states no material charges in first half of fiscal 2005. No employee count disclosed. Also mentioned in MD&A Operating Expenses section; extracted once from the footnote. | ||||
| 2005-07-30 | plant_closure | completed | 2005-07-30 | 2005-07-30 | Maryland, USA | Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closed Edgewood, Maryland distribution facility and consolidated operations into other facilities. No material charges recorded. | |||
| 2005-04-30 | plant_closure | completed | United States | Gap brand (primarily) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 25 under-performing stores during Q1 fiscal 2005, mainly Gap brand; no associated employee count or charge disclosed. 41 new stores opened, mainly Old Navy. | |||||
| 2005-01-29 | divestiture_reduction | completed | 2004-01 | 2004-08-01 | Germany | Gap brand — retail stores | other f5-10k / GLM-5.3-flash-HTML | Agreement to sell Gap's 10 German stores signed January 2004; sale and market exit completed effective August 1, 2004. Germany was under 1 percent of total company sales. The $14 million asset write-down was recognized in fiscal 2003, not fiscal 2004. Affected employee count not disclosed. | |||
| 2005-01-29 | plant_closure | announced | 2005-07 | Edgewood, Maryland, United States | Distribution network | other f5-10k / GLM-5.3-flash-HTML | Closure of the Edgewood, Maryland distribution facility announced during fiscal 2004 (exact date not given), with operations to be consolidated into other distribution facilities in summer 2005. No material charges were recorded in fiscal 2004. Affected employee count not disclosed. | ||||
| 2005-01-29 | plant_closure | completed | Primarily Gap brand stores | MD&A f5-10k / GLM-5.3-flash-HTML | Aggregate of 158 under-performing store closures completed during fiscal 2004, mainly Gap brand; the year-end store count fell to 2,994. A majority of closures occurred at the end of the fiscal year and most closures occur upon lease expiration. Store-level employee impacts not disclosed. | ||||||
| 2005-01-29 | plant_closure | announced | North America (mainly) | Mainly Gap brand | MD&A f5-10k / GLM-5.3-flash-HTML | Forward-looking fiscal 2005 plan disclosed in this 10-K: approximately 135 store closures planned for 2005 as part of real estate fleet optimization, paired with a plan to open about 175 new stores weighted toward Old Navy. Announced after fiscal year-end; not yet executed as of the filing. | |||||
| 2005-01-29 | divestiture_reduction | completed | 2004-01-31 | 2004-08-01 | Germany | Gap brand retail stores | USD 14 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement signed January 2004 to sell and exit the German market effective August 1, 2004; 10 store locations, under 1% of company sales. Headcount not disclosed; $14M asset write-down recorded in fiscal 2003. | ||
| 2005-01-29 | plant_closure | completed | 2005-01-29 | North America | Primarily Gap brand stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 158 under-performing store locations closed during fiscal 2004 (130 new stores opened); most closures occurred at year-end. Employees affected not disclosed. | ||||
| 2005-01-29 | restructuring | completed | 2005-01-29 | United States | Corporate headquarters | USD 2 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 charge for corporate severance and outplacement expenses; employee count not disclosed. Related excess-facility sublease loss charges of $4.8M also recorded in fiscal 2004. | |||
| 2005-01-29 | plant_closure | announced | Edgewood, Maryland, United States | Distribution center | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure and consolidation of the Edgewood, MD distribution facility announced during fiscal 2004, scheduled for summer 2005; no material charge recorded in fiscal 2004 and no employee count disclosed. | |||||
| 2005-01-29 | plant_closure | announced | North America | Primarily Gap brand stores | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan to close about 135 stores in fiscal 2005 as part of fleet optimization, alongside about 175 planned openings; forward-looking plan, employees affected not disclosed. | |||||
| 2005-01-29 | plant_closure | completed | 2004-01 | 2004-08-01 | Germany | Gap | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sold Gap stores and exited German market. Charge recognized in fiscal 2003 for asset write-downs; sale completed August 2004. | ||
| 2005-01-29 | plant_closure | announced | 2004 | 2005-06 | Maryland, USA | Distribution | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced closure of Edgewood distribution facility to consolidate operations. No material charges in fiscal 2004. | |||
| 2005-01-29 | restructuring | in_progress | San Francisco Bay Area | Corporate Headquarters | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Additional sublease loss charges recorded due to weakness in commercial real estate market. | ||||
| 2004-01-31 | divestiture_reduction | announced | 2004-01 | 2004-08-01 | Germany | Gap brand (international retail operations) | USD 14 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Agreement signed in January 2004 (within fiscal 2003) to sell Gap brand German operations, effective August 1, 2004; 10 store locations accounting for well under 1 percent of total company sales. $14 million operating expense charge was for asset write-downs to estimated fair value (expected net selling price), not severance. Employee headcount affected is not disclosed. | ||
| 2004-01-31 | plant_closure | completed | Retail store fleet (brand-level closure counts not disclosed for fiscal 2003) | MD&A f5-10k / GLM-5.3-flash-HTML | 130 store locations were closed during fiscal 2003 (35 opened), reducing year-end locations to 3,022 and net square footage by 2 percent as part of optimizing store fleet productivity. No employee counts are disclosed for the closures. Separately, fiscal 2003 included a $22.6 million charge for impairment of store assets; store closure decisions are cited as a triggering event for such impairment reviews, though the charge is not explicitly attributed to the 130 closures. | ||||||
| 2004-01-31 | divestiture_reduction | announced | 2004-01 | 2004-08-01 | Germany | Gap brand retail operations | USD 14 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement signed January 2004 to sell German operations (10 stores); $14M asset write-down to fair value. Headcount not disclosed. | ||
| 2004-01-31 | plant_closure | completed | 2004-01-31 | United States, Canada, United Kingdom, France, Japan, Germany | Store fleet optimization | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 130 store locations closed and 35 opened during fiscal 2003; associated headcount not disclosed. Store impairment charges of $22.6M recorded in fiscal 2003. | ||||
| 2004-01-31 | restructuring | completed | 2004-01-01 | 2004-08-01 | Germany | Gap Brand | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Agreement signed in Jan 2004 to sell Gap operations in Germany (10 stores). Charge of $14 million for asset write-downs recognized. | ||
| 2004-01-31 | restructuring | in_progress | 2003-01-01 | 2017-12-31 | United States | Corporate Facilities | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Additional sublease loss charge of $8.6 million recorded in fiscal 2003 related to excess corporate facilities in San Francisco and San Bruno. | ||
| 2003-11-01 | plant_closure | completed | Global | Retail stores (Gap U.S., Gap International, Banana Republic, Old Navy) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 36 store locations closed in the quarter and 75 year-to-date; no associated employee counts or severance disclosed. | |||||
| 2003-08-02 | plant_closure | completed | United States and international | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 20 store locations closed during the second quarter (39 year-to-date); no associated employee counts or charges disclosed. Company also plans net closures of 75-85 store locations for fiscal 2003. | |||||
| 2003-02-01 | plant_closure | completed | 2001 | 2002-05-04 | Ventura, California, United States | Distribution | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | One of four distribution centers announced for closure in fiscal 2001; closure completed by Q1 fiscal 2002 and facility plus adjacent land sold in October 2002. Headcount impact and fiscal 2002 charge not separately disclosed. | |||
| 2003-02-01 | plant_closure | completed | 2001 | 2002-05-04 | Basildon, England | Distribution | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | One of four distribution centers announced for closure in fiscal 2001; closure completed by Q1 fiscal 2002. Headcount impact not disclosed. | |||
| 2003-02-01 | plant_closure | completed | 2001 | 2002-08-03 | Roosendaal, Netherlands | Distribution | USD 1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Closed during Q2 fiscal 2002; fiscal 2002 impairment reduced the held-for-sale land and building to estimated net selling price, carrying value $7.5 million at year-end. Headcount not disclosed; original severance was charged in fiscal 2001. | ||
| 2003-02-01 | plant_closure | completed | 2001 | 2002-11-02 | Erlanger, Kentucky, United States | Distribution | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Last of four distribution center closures announced in fiscal 2001, completed during Q3 fiscal 2002. Program-wide remaining cash expenditures for facility closures were $4.2 million at fiscal year-end, and all employee separation expenditures had been paid. | |||
| 2003-02-01 | restructuring | in_progress | 2002 | 2017 | San Francisco and San Bruno, California, United States | Corporate headquarters facilities | USD 77 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Additional 193,228 square feet of excess corporate space identified in 2002; sublease loss charge recorded in operating expenses. Remaining cash outlays paid over lease terms through 2017. No headcount reduction quantified for this charge; the related workforce-reduction charge of $25 million was a fiscal 2001 item. | ||
| 2003-02-01 | plant_closure | completed | Retail stores - Gap, Banana Republic and Old Navy brands | MD&A f5-10k / GLM-5.3-flash-HTML | 107 store concepts (Gap Adult/GapKids/babyGap/GapBody counted individually when meeting square-footage threshold) were closed during fiscal 2002 as routine portfolio churn; closures occurred throughout the year and no workforce impact or charge is specifically tied to them. | ||||||
| 2003-02-01 | plant_closure | completed | 2003-02-01 | United States (Ventura, CA; Erlanger, KY), United Kingdom (Basildon), Netherlands (Roosendaal) | Distribution | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced during 2001 (exact date not disclosed); all four distribution center closures completed during fiscal 2002. Fiscal 2002 charge was a $1.0M impairment on the Roosendaal facility held for sale; remaining cash expenditures of $4.2M expected by Q3 fiscal 2003. No employee counts disclosed; all separation expenditures paid as of year-end. | |||
| 2003-02-01 | restructuring | in_progress | 2017-12-31 | United States (San Francisco and San Bruno, California) | Corporate headquarters | USD 77 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2002 sublease loss charge on 193,228 square feet of additional excess headquarters space, plus revised sublease assumptions; cash outflows through 2017. No headcount impact quantified. | |||
| 2003-02-01 | plant_closure | completed | 2003-02-01 | United States, Canada, United Kingdom, France, Germany, Japan | Retail stores (Gap, Banana Republic, Old Navy) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 107 store concepts closed during fiscal 2002; no associated workforce reduction quantified in the filing. Related store asset impairment charge of $39.9M recorded in fiscal 2002. | ||||
| 2003-02-01 | restructuring | completed | 2001-01-01 | 2003-09-30 | Global | Distribution Centers | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of four distribution facilities (Ventura, Erlanger, Basildon, Roosendaal). Remaining cash expenditures of $4.2 million expected by Q3 FY2003. All employee separation expenditures paid as of Feb 1, 2003. | ||
| 2003-02-01 | restructuring | in_progress | 2001-01-01 | 2017-12-31 | United States | Corporate Headquarters | USD 77 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Consolidation and downsizing of San Francisco and San Bruno campuses. Identified 361,383 sq ft excess space in FY2001 and additional 193,228 sq ft in FY2002. Recorded $77.4 million sublease loss charge in FY2002. Remaining expenditures paid through 2017. | ||
| 2002-11-02 | plant_closure | completed | 2001 | United States — Erlanger, Kentucky | Distribution / supply chain | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facility closure completed during the third quarter of fiscal 2002; no employee count or facility-specific charge disclosed. Aggregate remaining facilities reserve was $5.3M at quarter end. | ||||
| 2002-11-02 | plant_closure | completed | 2001 | United States — Ventura, California | Distribution / supply chain | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facility sold in October 2002 (within the quarter); no employee count or facility-specific charge disclosed. | ||||
| 2002-11-02 | plant_closure | completed | 2001 | Netherlands — Roosendaal | Distribution / supply chain | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure occurred during the second quarter of fiscal 2002 (prior quarter); property classified as held for sale under SFAS 144 with $8.3M carrying value at November 2, 2002. No employee count disclosed. | ||||
| 2002-11-02 | restructuring | in_progress | 2001-01-01 | 2003-08-03 | Global | Distribution Centers | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining reserves of $5.3 million associated with facilities (Ventura, Basildon, Roosendaal, Erlanger) expected to be paid by Q3 FY2003. | ||
| 2002-11-02 | restructuring | in_progress | 2001-01-01 | 2003-02-01 | Global | Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining reserves of $0.3 million associated with employee separations expected to be paid by Q4 FY2002. | ||
| 2002-11-02 | restructuring | in_progress | 2001-01-01 | San Francisco, California | Headquarters | USD 55 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining sublease loss reserve of $54.8 million due to deteriorating sublease market conditions for consolidated headquarters facilities. | |||
| 2002-08-03 | plant_closure | completed | 2001 | 2002-05-04 | Roosendaal, Holland | Distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution center closed during the second quarter of fiscal 2002 as part of a four-facility closure plan announced in 2001; no employee count disclosed. Land and buildings held for sale under SFAS 144. Remaining reserve balances at 2002-08-03: severance/outplacement $1.605M, facilities $6.950M, sublease loss $41.068M (total $49.623M). | |||
| 2002-08-03 | plant_closure | in_progress | 2001 | 2002-11-02 | Erlanger, Kentucky, United States | Distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states closure expected by the third quarter of fiscal 2002; no employee count disclosed. Remaining cash expenditures of $7M for facilities and $1.6M for employee separations expected to be paid by the first and third quarters of fiscal 2002, respectively. | |||
| 2002-08-03 | restructuring | in_progress | 2001-07-01 | 2002-11-02 | Global | Distribution Centers and Headquarters | USD 50 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining reserve balance of $49.6 million as of Aug 3, 2002 relates to distribution center closures (Ventura, Basildon, Roosendaal, Erlanger) and HQ downsizing announced in 2001. Includes $1.6M for employee separations expected to be paid by Q3 FY2002 and $7M for facilities expected by Q1 FY2003. | ||
| 2002-05-04 | plant_closure | in_progress | 300 | 2001 | 2002-11 | United States, United Kingdom, Netherlands | Distribution / supply chain | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced in 2001 to close four distribution centers (Ventura CA, Basildon UK, Erlanger KY, Roosendaal NL). Ventura and Basildon completed by Q1 fiscal 2002; Erlanger expected by Q3 fiscal 2002 and Roosendaal by Q2 fiscal 2002. Remaining severance/outplacement relates to about 300 employees; remaining cash outlays of $3.5M for separations and $5.7M for facilities expected by Q3 fiscal 2002. Total reserve balance at May 4, 2002 was $51.7M (severance $3.5M, facilities $5.7M, sublease loss $42.6M). Filer does not break out employee counts per facility. | |
| 2002-05-04 | restructuring | in_progress | 300 | 2001-01-01 | 2002-09-30 | Ventura, California; Basildon, England; Erlanger, Kentucky; Roosendaal, Holland | Distribution Facilities | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining cash expenditures of $3.5 million for employee separations and $5.7 million for facilities expected to be paid by Q3 FY2002. Ventura and Basildon closures completed; Erlanger and Roosendaal remain in operation. | |
| 2002-02-02 | reduction_in_force | in_progress | 2,000 | 2001-06 | 2002-11 | United States; United Kingdom; Netherlands | Corporate headquarters; distribution centers; Banana Republic field | USD 30 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | June 2001 announcement to streamline headquarters staffing; approximately 2,000 positions eliminated, comprising 1,370 layoffs of headquarters, distribution center and Banana Republic field employees plus elimination of 630 open positions. Severance and outplacement provision of $29,945 thousand per Note J roll-forward; Note J also cites approximately $11 million of other costs related to these actions. About 1,070 positions had been separated or were in separation process at fiscal year-end; remaining cash expenditures of ~$5.4 million expected to be paid by the third quarter of fiscal 2002. | |
| 2002-02-02 | plant_closure | in_progress | 2001-06 | 2002-05 | Ventura, California (US); Basildon, England (UK) | Distribution centers | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Part of the June 2001 workforce-reduction program. Closures expected completed by the first quarter of fiscal 2002; both facilities remained in operation at fiscal year-end. Part of $7.0 million aggregate facilities-related charges (lease terminations, restoration, equipment removal) recorded in fiscal 2001 for all four planned distribution center closures; amount not allocated by facility. Remaining DC facilities cash of ~$7.0 million expected to be paid by November 2003. Any related layoffs are already counted in the ~2,000-position RIF record. | |||
| 2002-02-02 | plant_closure | in_progress | 2001-06 | 2002-11 | Erlanger, Kentucky (US); Roosendaal, Netherlands | Distribution centers | USD 1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Part of the June 2001 workforce-reduction program. Closures expected completed by the third quarter of fiscal 2002; both facilities remained in operation at fiscal year-end. $0.8 million asset write-down is the impairment of the Roosendaal facility to estimated net selling price; $7.0 million aggregate facilities-related charges for the four planned DC closures were not allocated by facility. Any related layoffs are already counted in the ~2,000-position RIF record. | ||
| 2002-02-02 | restructuring | in_progress | San Francisco and San Bruno, California (US) | Corporate headquarters facilities | USD 51 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Consolidation and downsizing of headquarters campuses as part of cost-containment efforts; no headcount is attributed specifically to this action. Approximately $48 million of the charge is a reserve for the gap between rent and expected sublease rates through 2015; Note J records a fiscal 2001 provision of $50.7 million ($47.3 million sublease reserve plus $3.4 million asset write-downs). Item 2 notes approximately 565,000 square feet of excess office space being marketed for sublease. | ||||
| 2002-02-02 | restructuring | in_progress | 2,000 | 2001-06 | 2002-08-31 | United States, United Kingdom, Netherlands | Headquarters, distribution centers, Banana Republic field | USD 49 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,000 positions eliminated: 1,370 layoffs of HQ, distribution center, and Banana Republic field employees plus 630 open positions. Charge comprises ~$38M exit costs and ~$11M other costs. Distribution centers closing: Ventura CA, Basildon England, Erlanger KY, Roosendaal Netherlands. Severance payments expected by Q3 FY2002; as of year-end ~1,070 separations completed or in process. | |
| 2002-02-02 | plant_closure | in_progress | 2001-06 | 2002-08-31 | United States, United Kingdom, Netherlands | Distribution | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four distribution facilities planned for closure: Ventura CA and Basildon England by Q1 FY2002; Erlanger KY and Roosendaal Netherlands by Q3 FY2002. Employee counts not separately disclosed from the overall restructuring program. Charges included in the consolidated restructuring action above. | |||
| 2002-02-02 | restructuring | in_progress | United States | Corporate headquarters | USD 51 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation and downsizing of San Francisco and San Bruno headquarters campuses. Charge includes ~$48M sublease reserve covering rent differential through 2015 plus ~$3M asset write-downs. Employee headcount impact not separately disclosed. Filer attempting to sublease ~565,000 sq ft of excess office space. | ||||
| 2002-02-02 | restructuring | in_progress | 2,000 | 2001-06 | 2002-09 | Global | Headquarters, Distribution Centers, Field | USD 49 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Announced June 2001. Includes 1,370 layoffs and elimination of 630 open positions. Total charges of $38 million for exit/other costs plus $11 million in other costs. Distribution center closures in Ventura, Basildon, Erlanger, and Roosendaal. | |
| 2002-02-02 | restructuring | in_progress | 2001 | 2015 | San Francisco, San Bruno | Headquarters | USD 51 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Consolidation and downsizing of headquarters facilities. $51 million charge recorded, primarily for sublease reserves through 2015. No specific employee count disclosed for this action. | ||
| 2002-02-02 | restructuring | in_progress | 2,000 | 2001-06-01 | 2002-08-31 | United States, England, Holland | Headquarters, distribution centers, Banana Republic field | USD 49 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced June 2001; eliminated approx. 2,000 positions (1,370 layoffs plus 630 unfilled positions). Charge of ~$38M exit costs and ~$11M other costs. Four facilities (Ventura CA, Basildon England, Erlanger KY, Roosendaal Holland) remained in operation at fiscal year-end; closures expected to complete by Q3 fiscal 2002. Announcement month stated without specific day. | |
| 2002-02-02 | plant_closure | in_progress | 2001-06-01 | 2002-08-31 | United States, United Kingdom, Netherlands | Distribution centers | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facilities-related charges of $7.0M for lease terminations, restoration and equipment removal across four distribution center closures; remaining cash expenditures estimated at ~$7.0M payable by November 2003. Headcount not separately disclosed from the consolidated 2,000-position program. | ||
| 2002-02-02 | restructuring | in_progress | 2001-06-01 | 2015-12-31 | United States | Corporate headquarters (San Francisco and San Bruno campuses) | USD 51 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation and downsizing of headquarters facilities; $51M charge of which $48M was a sublease reserve covering rent differential through 2015. No employee count disclosed for this component. | ||
| 2001-11-03 | restructuring | in_progress | 1,600 | 2001-06-21 | United States | Headquarters and Banana Republic field | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eliminated ~1,600 positions: ~970 layoffs of headquarters and Banana Republic field employees plus ~630 open positions. The $30M charge covers all workforce actions described in Note 6. Of the $27M termination pay liability recorded in Q2, ~$1M remained outstanding at 2001-11-03. | ||
| 2001-11-03 | plant_closure | in_progress | 425 | 2001-06-21 | 2002-05-01 | United States (Ventura, CA) and United Kingdom (London) | Distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facilities in Ventura, CA and London to be closed; operations consolidated at new facilities in Fresno, CA and Rugby, England. Completion expected by Q1 fiscal 2002. ~425 affected employees may apply for positions at new locations. Facilities remained in operation as of 2001-11-03. | ||
| 2001-11-03 | other | announced | 125 | 2001-06-21 | 2002-05-01 | United Kingdom | London headquarters | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | London headquarters to be relocated to new Rugby facility by Q1 fiscal 2002. ~125 employees may transfer to Rugby or apply for other positions there. | ||
| 2001-11-03 | restructuring | in_progress | 1,600 | 2001-06-21 | 2002-02-02 | Global | Headquarters and Banana Republic field | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approx. 1,600 positions (970 layoffs, 630 open positions). Includes consolidation of distribution facilities in Ventura, CA and London to Fresno, CA and Rugby, England. HQ relocation from London to Rugby. Completion targeted for first quarter of fiscal 2002. | |
| 2001-08-04 | restructuring | in_progress | 1,600 | 2001-06-21 | United States (headquarters) and Banana Republic field | Headquarters and Banana Republic field | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,600 positions eliminated: ~1,040 layoffs of headquarters and Banana Republic field employees plus ~560 open positions eliminated. Of the ~$30M total charge covering all actions, ~$27M was recorded as a liability for employee termination pay, substantially payable in Q3 fiscal 2001. | ||
| 2001-08-04 | plant_closure | in_progress | 425 | 2001-06-21 | 2002-05-31 | Ventura, California and London, England | Distribution facilities | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Distribution facilities in Ventura, CA and London to be closed; operations consolidated at new facilities in Fresno, CA and Rugby, England. ~425 affected employees have opportunity to apply for positions at new locations. Expected completion by Q1 fiscal 2002 (date approximate). Included in the ~$30M total restructuring charge. | ||
| 2001-08-04 | restructuring | in_progress | 125 | 2001-06-21 | 2002-05-31 | London, England | Corporate headquarters | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | London headquarters to be relocated to new Rugby facility. ~125 affected employees have opportunity to transfer to Rugby or apply for other positions there. Expected completion by Q1 fiscal 2002 (date approximate). Included in the ~$30M total restructuring charge. | ||
| 2001-08-04 | restructuring | in_progress | 1,600 | 2001-06-21 | 2002-02-02 | United States, United Kingdom | Headquarters, Banana Republic Field, Distribution | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approx. 1,600 positions (1,040 layoffs, 560 open positions). Includes consolidation of distribution facilities in Ventura, CA and London to Fresno, CA and Rugby, England. Approx. 425 employees at distribution sites and 125 at London HQ have opportunity to apply/transfer. Charge of approx. $30M recorded in Q2 FY2001, including $27M liability for termination pay. | |
| 2001-02-03 | plant_closure | completed | other f5-10k / GLM-5.3-flash-HTML | 73 store closures occurred during fiscal 2000 (alongside 731 openings and 268 expansions); closures not broken out by brand or geography and no workforce impact, severance, or associated charge quantified. | |||||||
| 2000-10-28 | plant_closure | completed | Consolidated (all divisions) | Retail stores | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 40 stores closed during the thirty-nine weeks ended October 28, 2000; no associated workforce reduction, severance charge, or affected-employee count is disclosed. | |||||
| 1999-01-30 | restructuring | in_progress | 1998 | Gap and GapKids field organizations (Gap brand) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Integration of the Gap and GapKids field organizations into a single brand organization, begun in early 1998 and continuing on a phased approach as of the filing. Filing cites efficiencies in staffing and training and identifies risks of employee concerns over changes in job scope or supervisor assignments. No headcount impact or charge is quantified. | |||||
| 1999-01-30 | plant_closure | completed | Retail stores — all brands (Gap, Banana Republic, Old Navy) | other f5-10k / GLM-5.3-flash-HTML | Filing states 20 stores were closed during fiscal 1998 (52 weeks ended 1999-01-30), alongside 318 openings, 135 expansions, and 2,428 stores operating at year-end. No workforce reduction, severance, or associated charge is quantified in connection with the closures. | ||||||
| 1999-01-30 | plant_closure | completed | 1999-01-30 | United States and international | Retail stores | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 20 stores closed during fiscal 1998; no associated workforce reduction count or charge disclosed. MD&A notes leasehold/fixture write-offs for closures planned for the next fiscal year. | ||||
| 1998-01-31 | plant_closure | completed | Retail stores — all brands | other f5-10k / GLM-5.3-flash-HTML | The Company opened 298 stores and closed 22 during fiscal 1997; no workforce reduction figures were disclosed in connection with the closures. The closure count also appears in the Ten-Year Selected Financial Data statistics. | ||||||
| 1998-01-31 | plant_closure | announced | Retail stores | MD&A f5-10k / GLM-5.3-flash-HTML | Write-offs of leasehold improvements and fixtures for stores planned for remodeling, relocation or closing in the following fiscal year; the charge was quantified only as 0.4 percentage points of net sales within operating expenses. Store count and headcount impact not disclosed. | ||||||
| 1998-01-31 | restructuring | in_progress | Gap and GapKids divisions — field organizations | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Integration of the Gap and GapKids field organizations to be carried out over approximately 18 months; no headcount changes quantified. Disclosed risks include possible employee dissatisfaction with changes in job scope or supervisor assignments and a potential decline in sales productivity while associates learn new product information. | ||||||
| 1997-02-01 | plant_closure | completed | Retail stores (all brands) | MD&A f5-10k / GLM-5.3-flash-HTML | 30 stores closed during fiscal 1996 (203 opened, 42 expanded); no associated workforce reduction or charge quantified in the filing. | ||||||
| 1996-02-03 | plant_closure | completed | Worldwide | Store operations (Gap, GapKids, Banana Republic, Old Navy Clothing Co.) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 53 stores closed during fiscal 1995; no associated employee count or charge disclosed |