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Old Navy's incredibly inexpensive loose-fitting t-shirts and khaki shorts will no longer be available only to those in the United States starting next year, Gap CEO Glenn Murphy said on Wednesday. Gap will franchise its Old Navy stores internationally, the San Francisco Business Times reports. The company is also considering opening company-owned Banana Republic and Gap stores in China. Here in the US, Murphy said he looking at improving business by shipping online orders from stores and allowing customers to pick up online orders at their local store.
· Gap to Franchise Old Navy [SF Business Times]
· All Gap Posts [Racked SF]