Gap Canada has recently announced that the company plans to shut down 175 stores in North America in the company’s namesake store as well as cutting over 250 jobs at its headquarters in an attempt to strengthen the struggling brand. This is the second big closure Gap Inc. has announced this year, following their shut down of Piperlime earlier this year. Gap Inc. owns not only Gap stores, but also Old Navy and Banana Republic. 140 Gap stores will close by January 31, 2016 and the remainder afterwards. The closing stores will mostly be decided by performance and location. The company is also closing an undisclosed amount in Europe.

This latest move is the latest attempt to shake up the struggling company. Following the decision to close Piperlime, Gap has shaken up its management ranks: Art Peck became CEO in February and leadership of the Gap and Banana Republic brands was changed. The company also has been working to overhaul its fashions across all brands to increase appeal.

The HQ job losses will save Gap approximately $25 million per year. The closing stores are responsible for about $300 million per year in sales out of a total $16 billion.

Gap has not mentioned whether the employees in affected stores will be transferred to different locations, or laid off. Gap Factory and Gap Outlet stores will not be affected, nor will Gap’s other brands.

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