Gap to invest $140 million to build Texas warehouse as online sales swell – CNBC
Gap said 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…