Business & Tech

Old Navy To Open 800 Stores: 36 GA Locations Already Near You

Old Navy plans to open 800 stores nationwide after its expected split from its parent company, Gap Inc. See the Georgia list of stores.

Old Navy already has around 1,200 stores nationwide, and wants to reach 2,000 locations. Will it open Georgia stores?
Old Navy already has around 1,200 stores nationwide, and wants to reach 2,000 locations. Will it open Georgia stores? (David Allen/Patch)

ATLANTA, GA — With ambitious plans to open 800 more stores nationwide, could a new Old Navy store be coming to your community? The move is part of the preparation for the clothing retailer's split from Gap Inc., its parent company.

Gap announced earlier this month that it would separate the hugely successful Old Navy brand from the rest of its business, since Old Navy now exceeds the original brand in sales. Gap will lose Old Navy, but the longtime clothing company will continue to run Banana Republic, Athleta, Intermix, and the athletic brand Hill City.

"We determined that pursuing a separation is the most compelling path forward for our brands — creating two separate companies with distinct financial profiles, tailored operating priorities and unique capital allocation strategies," said Robert Fisher, Gap Inc.'s board chairman.

Find out what's happening in Lawrencevillefor free with the latest updates from Patch.

Information on the exact locations of these new Old Navy stores hasn't yet been released, but the Georgia already serve as a home for 36 stores.

Old Navy announced it wanted to focus its new stores in mostly smaller, underserved markets. There's no specific timeline on the upcoming openings, but the retailer did open 145 stores between 2016 and 2018, according to the company.

Find out what's happening in Lawrencevillefor free with the latest updates from Patch.

Old Navy CEO Sonia Syngal will remain in charge of the soon-to-be separated company, which generated almost half of Gap Inc.'s 16.6 billion in sales in 2018.

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