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'''Forth & Towne''' is a defunct brand of clothing stores owned by [[Gap Inc.]], which owns [[The Gap (clothing retailer)|Gap]], [[Banana Republic]], and [[Old Navy (company)|Old Navy]] brands. It operated several test stores in the [[Chicago]] (Algoquin, IL; Aurora, IL; Skokie, IL; Schaumburg, IL) and [[New York]] (West Nyack, NY) areas. Forth & Towne focused on women over 35 who grew up with the Gap brand, but have "lost touch" with it. |
'''Forth & Towne''' is a defunct brand of clothing stores owned by [[Gap Inc.]], which owns [[The Gap (clothing retailer)|Gap]], [[Banana Republic]], and [[Old Navy (company)|Old Navy]] brands. It operated several test stores in the [[Chicago]] (Algoquin, IL; Aurora, IL; Skokie, IL; Schaumburg, IL) and [[New York]] (West Nyack, NY) areas. Forth & Towne focused on women over 35 who grew up with the Gap brand, but have "lost touch" with it. |
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Revision as of 19:54, 13 October 2007
Forth & Towne is a defunct brand of clothing stores owned by Gap Inc., which owns Gap, Banana Republic, and Old Navy brands. It operated several test stores in the Chicago (Algoquin, IL; Aurora, IL; Skokie, IL; Schaumburg, IL) and New York (West Nyack, NY) areas. Forth & Towne focused on women over 35 who grew up with the Gap brand, but have "lost touch" with it.
The name of the store refers to both the fact that it was Gap Inc.'s fourth retail clothing brand, and that the store design attempted to instill a feeling of community. The first Forth & Towne location to open was in West Nyack's Palisades Center; it opened on August 24, 2005.
In February, 2007 Gap Inc announced that all 19 stores were slated for closure, and on June 15, 2007, all Forth & Towne brand stores had closed.
Closure
The closure affected approximately 550 employees. Gap Inc. anticipated $40 million of pre-tax expenses associated with the closure, over first and second quarters of fiscal year 2007.[1]
See also
Information on this Wikipedia Article
- Needs Image (Logo)