By  on September 12, 2019

While Gap is continuing to shrink its presence in malls around the country, Old Navy is doing the opposite.

Setting out her intentions for the 25-year-old Old Navy when it is spun off from Gap Inc. as a separate entity next year, president and chief executive officer Sonia Syngal told analysts at an investor day in New York that she will open an additional 800 stores over an unspecified time period, pushing the total fleet up to around 2,000.

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