Gap closes last Oakland store after 26 years
Gap Inc. is exiting the Oakland market with the closure of its last remaining store.
The company has been shrinking its global footprint, closing hundreds of locations in recent years.
The strategy reflects a broader transformation in the retail industry, where brands are balancing cost-cutting efforts with modernizing customer experiences.
Gap Inc. operates approximately 2,474 company-operated stores and 1,000 franchise locations globally as of January 31, 2026.