The Gap 2011 Annual Report Download - page 36

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Store count, openings, closings, and square footage for our stores are as follows:
January 29, 2011 Fiscal 2011 January 28, 2012
Number of
Store Locations Number of
Stores Opened Number of
Stores Closed Number of
Store Locations Square Footage
(in millions)
Gap North America .................... 1,111 23 91 1,043 10.7
GapEurope........................... 184 14 5 193 1.7
GapAsia ............................. 135 22 5 152 1.5
Old Navy North America ............... 1,027 32 43 1,016 18.1
Banana Republic North America ........ 576 14 9 581 4.9
Banana Republic Asia .................. 29 3 1 31 0.2
Banana Republic Europe ............... 5 5 — 10 0.1
Athleta North America ................. 19— 10—
Company-operated stores total ......... 3,068 122 154 3,036 37.2
Franchise ............................. 178 52 3 227 N/A
Total................................. 3,246 174 157 3,263 37.2
Increase(decrease)overprioryear ...... 0.5% (2.6)%
January 30, 2010 Fiscal 2010 January 29, 2011
Number of
Store Locations Number of
Stores Opened Number of
Stores Closed Number of
Store Locations Square Footage
(in millions)
Gap North America .................... 1,152 12 53 1,111 11.1
GapEurope........................... 178 12 6 184 1.6
GapAsia ............................. 120 17 2 135 1.3
Old Navy North America ............... 1,039 18 30 1,027 19.0
Banana Republic North America ........ 576 6 6 576 4.9
Banana Republic Asia .................. 27 2 — 29 0.2
Banana Republic Europe ............... 3 3 1 5 0.1
Athleta North America ................. —1— 1—
Company-operated stores total ......... 3,095 71 98 3,068 38.2
Franchise ............................. 136 47 5 178 N/A
Total................................. 3,231 118 103 3,246 38.2
Increase(decrease)overprioryear ...... 0.5% (1.5)%
Gap and Banana Republic outlet stores are reflected in each of the respective brands. In addition, we have franchise
agreements with unaffiliated franchisees to operate Gap and Banana Republic stores throughout Asia, Australia,
Eastern Europe, Latin America, the Middle East, and Africa.
In fiscal 2012, net of repositions, we expect to open about 125 new Company-operated store locations and close
about 115 Company-operated store locations. Through downsizes and net store closures, we expect net square
footage for Company-operated stores to decrease about 1 percent for fiscal 2012. As a result of ongoing strategic
closures and consolidations at Gap brand, we expect to have a total of about 950 Gap stores in North America by
the end of fiscal 2013. We expect our franchisees to open about 50 new franchise stores in fiscal 2012.
22 Gap Inc. Form 10-K