Updated May 2, 1:15 p.m.
The Gap, which has occupied a storefront within a Bayside shopping center for many years, will close this summer and be replaced with another retail shop.
Located within the Bay Terrace Shopping Center on Bell Boulevard, the Gap storefront will close this July, according to an employee at the location. The large storefront on the lower level of the complex — owned by Cord Meyer Development — features a Gap and GapKids.
However, after closing to undergo renovations in the summer months, the location will re-open as an Old Navy, according to a Cord Meyer Development spokesperson.
The Gap Inc. announced earlier this year that it would close approximately 200 underperforming Gap and Banana Republic stores worldwide, even while making plans to expand Old Navy’s brick-and-mortar retail presence. Company president and CEO Jeff Kirwan was reportedly booted from his role in February after the company saw disappointing sales growth.
The Gap store has begun offering customers stock priced at 30 to 50 percent off ticket value. A variety of men’s, women’s and children’s clothing and accessories line the shelves.
The open-air mall has seen a number of changes in recent years. Shoewear chain Aerosoles vacated its retail space on Dec. 31. In September 2017, beauty chain Sephora moved into a storefront which formerly housed teen retail store Aeropostale.
On Dec. 31, 2015, Barnes and Noble book store moved out of the shopping center. The space was taken over by homeware chain Homegoods in October 2016.
