Close over 225 Gap and Banana Republic stores globally
Not delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 27 Aug 2020
- Due
- 31 Dec 2020
- Checked
- 21 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“expects to close over 225 Gap and Banana Republic stores globally, net of openings, in 2020”
What we found
Evidence strength A What the grades mean
The company closed 189 Gap and Banana Republic stores in North America during fiscal 2020, failing to meet the commitment of closing over 225 stores globally by the end of that year.
-
A Gap 10-K filed 2021-03-16
“In fiscal 2020, we have closed, net of openings, 189 Gap and Banana Republic stores in North America.” ✓ confirmed on the page
Market reaction: the shares moved -3.0% against the S&P 500 over the three sessions around the disclosure (15 Mar 2021 to 18 Mar 2021). What this measures
Checked 21 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +397 days
- Scope drift -66.7%
- 3 versions
-
Version 1 · original · stated 27 Aug 2020
Deadline 31 Dec 2020 (“in 2020”) · target 225 stores · wording expected
-
Version 2 · stated 4 Mar 2021
Deadline 29 Jan 2022 (“fiscal year 2021”) · target 100 stores
“close approximately 100 Gap and Banana Republic stores globally”
-
Version 3 · stated 27 May 2021
Deadline 1 Feb 2022 (“in 2021”) · target 75 stores
“close approximately 75 Gap and Banana Republic stores in North America”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Close
- Deliverable
- Gap and Banana Republic stores
- Target
- 225 stores
- Where
- globally
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2020-GAP-019035 · Corrections policy