Gap will focus on smaller scale stores Gap has too many 12,500 square feet stores. The target

Question:

Gap will focus on smaller scale stores Gap has too many 12,500 square feet stores. The target store size is 6,000 to 10,000 square feet, so Gap plans to combine previously separate stores. Some Gap Body, Gap Adult, and Gap Kids stores will be combined in one store. CNN, June 10, 2008, Thinking of a Gap store as a production plant, explain why Gap is reducing the size of its stores. Is Gap making a long-run decision or a short-run decision? Is Gap taking advantage of economies of scale?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Foundations Of Microeconomics

ISBN: 9780132830881

6th Edition

Authors: Robin Bade, Michael Parkin

Question Posted: