By  on June 29, 2011

Gap Inc. hopes to open at least 26 stores in South America by 2016 as it continues to grow its global franchise, according to Carlos Alberto Cartoni, co-owner of Gap’s Chilean franchise partner Komax.

After reportedly courting the U.S. brand for 20 years, Komax will open Gap’s first store, an 8,600-square-foot South American flagship, in Chile’s capital Santiago in early November.

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