Update (12/13): This story has been updated with a statement from a Gap Inc. spokesperson.
Gap at Mockingbird Station is closing.
The store was issued a certificate of occupancy in 2000 for its spot on Mockingbird Lane. There are a couple other locations nearby, including at Inwood Village and the Dallas Galleria.
A company spokesperson said the store will close in January. Signs posted on the windows advertise a sale of 20%-40% off all inventory.
We reached out to Gap’s media team to learn why the store is closing.
“As we adapt to the current market conditions and meet the increase in online demand, we are looking thoughtfully at our real estate to support the best path forward,” the company spokesperson said in an email. “In October 2020, we shared that we plan to close approximately 350 of Gap and Banana Republic stores across North America by the end of 2023, with the goal of having a smaller and healthier fleet of stores. We remain committed to making the appropriate and timely decisions on stores that don’t fit our vision for the future of Gap Inc. We are confident these closures will strengthen the health of our company moving forward.”
News of the store’s closing follows a pattern for Gap in recent years.
In July, the company announced it was closing all of its 81 stores in the United Kingdom and Ireland. And it has been reducing its square footage on this side of the pond as well. There were 552 stores in North America as of May 2021, which is half as many as there were a decade earlier.
Gap released its third quarter report last month, noting that net sales for that time period were down 1% compared to 2019 pre-COVID levels. About 190 Gap stores have closed in North America since the third quarter of 2019.
In addition to the brand’s trend of store closures, Mockingbird Station has seen some high turnover of retail tenants.
City of Dallas records show since 2007, suite 105 — just next door to Gap — has housed Centre, Gameday Cloth, Michael Cross Gallery and now 9Round Fitness. Urban Taco opened in suite 125 in 2007. Then Agu Ramen opened in the same space in 2017, and Wulf Burger plans to open there soon. Another restaurant, The Finch, is expected to open in 2022 in the former Cafe Express, which closed in 2018.