Art Peck

Gap Inc. Slashes Forecast after Poor Q3 Results

Old Navy continues to be Gap Inc.'s best performing division

San Francisco—Gap Inc. cut its full year earnings forecast Thursday afternoon due to declining sales and discounting that soured … [Read more...]

Gap Inc. Announces Commitment to Advance the Lives of One Million Women

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New York—Gap Inc. CEO Art Peck announced today a significant Clinton Global Initiative Commitment to Action to advance the lives … [Read more...]

Streamlining: Gap to Close 175 of its Namesake Stores


San Francisco—Another retailer to make drastic changes to prevent a further slide in business: this time Gap Inc. said today to … [Read more...]

Gap Inc. Q4 Earnings Beat Estimate as Old Navy Leads Sales Gain


San Francisco—Gap Inc. reported Thursday afternoon a better-than-expected fourth quarter earnings helped by strong increases again … [Read more...]

Gap Inc. Executive Shuffle: New Customer Service Chief; Creative Director Eliminated

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New York— Gap Inc. said today it has eliminated the creative director position for its Gap brand, “resulting in Rebekka Bay’s … [Read more...]

Gap Inc. to Shutter its Piperlime Online Division


San Francisco—Faced with the need to focus on its core brands such as Gap and Banana Republic, Gap Inc. said today it would be … [Read more...]

Gap Inc.’s Incoming CEO Names New Gap, Banana Republic Leaders

Gap Inc.

San Francisco—Art Peck, who will succeed Glenn Murphy as chief executive of Gap Inc. in February, has promoted two executives … [Read more...]

Week in Review: Top 10 News Articles to Remember

spring 15 polka dots featured

New York—It’s that time of the year again. (No, not Columbus Day Holiday). Now is the time that economists, analysts and online … [Read more...]

Art Peck Named Gap Inc. CEO as Murphy Retires

Art Peck

San Francisco--Art Peck will succeed Glenn Murphy as chief executive of Gap Inc., as of February 1, 2015. Murphy will retire and … [Read more...]

Gap Inc. Goes Upscale with $130 Million Purchase of Intermix

Intermix has developed a reputation on targeting key trends.

San Francisco—While its Gap, Old Navy and Banana Republic brands are amid a repositioning, Gap Inc. today announced it bought the … [Read more...]

Gap Inc. to Realign in New Global Structure

Gap Inc.

San Francisco—In a move that emphasizes its global expansion plans, Gap Inc. announced Tuesday it plans to realign its … [Read more...]

Gap to Close 189 U.S. Stores as International Expansion Looms

A Gap store opened in Shanghai last year. Another 10 stores are planned for China.

San Francisco—Saying that it may be “over-penetrated” in the U.S. market, Gap Inc. management told investors Thursday that they … [Read more...]