Gap to Close 175 Stores

San Francisco — Gap Inc. is streamlining its retail business by slimming its store count to 800 Gap stores in North America, the company outlined in a statement ahead of an investor meeting scheduled today.

The Mall of San Juan Opens in Puerto Rico

San Juan, Puerto Rico — Puerto Rico’s first upscale shopping center, developed through a partnership with Taubman and New Century Development Inc., opened last week with more than 60 percent of tenants being first-to-market.