Gap plans to derive half of its sales from the internet by 2023, as more Americans shift their spending online.Justin Sullivan | Getty Imagessaid Wednesday it will invest $140 million to construct a distribution center in Longview, Texas, as part of its effort to double its online business over the next two years.
Upon completion, Gap said the 850,000-square-foot facility will be able to process 1 million packages per day. Initially, it will be used for Old Navy's burgeoning e-commerce business, then expand to other parts of Gap's business. Gap expects the facility will create more than 500 full-time jobs by the end of 2023, and more than 1,000 over the next five years. It also should bring more than 1,000 part-time and seasonal jobs to the area by 2026.The Covid health crisis has accelerated the shift to e-commerce and has forced many retailers to rethink their investments, and pour more money into supply chains and logistics.
Texas? What could possibly go wrong?
There's the 'top' of that market.....
not without water, electricity and heat.
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