Gap Stores In Bangor and Maine Mall To Close
Due to a company wide restructuring, Gap stores in Bangor and the Maine Mall will be closing early in 2016.
According to the Portland Press Herald, Gap has chosen to close both their Bangor and Maine Mall locations as part of a company wide plan to shut down underperforming stores. Gap, whose sales are down several percentage points from last year at this time, have decided to close 175 stores nationwide.
The Maine Mall location already has an official closing date of January 26th. The closing of Gap comes as a surprise, as the Maine Mall has had a very low vacancy rate in recent years.
Gap also announced that the Gap outlet in Freeport will remain open as there are no plans to close any Gap outlet stores. The Maine Mall and Bangor Gap stores will continue to run extra sales in an attempt to move inventory throughout the holidays.
For more information, check out the Portland Press Herald article here.