Gap Inc.

September Comp Sales Rise “Modestly”


New York—With some last minute back to school/college sales to their credit, retailers today reported a modest increase in their … [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...]

Back to School Lifts August Comp Sales

back to school

New York—Retailers earned a shiny red apple in August as back to school spending helped lift sales. According to Ken Perkins, … [Read more...]

Gap Inc. Q2 Profit Up 10%, Plans for India

Banana Republic stores recently introduced a new look in merchandise

San Francisco—Despite narrowed margins like some other specialty retailers, Gap Inc. reported late Thursday a 10% rise in profit, … [Read more...]

July, a “Transitional Month,” Posts Sluggish Comp Sales


New York—About six months ago, harsh winter weather stymied retail sales. But now it seems that warmer weather may be in factor in … [Read more...]

Retail Comp Sales in June Once Again Beat Forecasts


New York—Retailers sailed past estimates for their June comparable store sales results as better weather and lower unemployment … [Read more...]

Fashion Misses Weigh on Gap’s Sales?

Gap logo

Fashion Misses Weigh on Gap's Sales? San Francisco--One analyst predicts a lack of newness in women’s apparel at Gap’s namesake … [Read more...]

Gap Inc. Q1 Profit Falls 22% But Still Beats Estimate

Gap Inc.

San Francisco--Gap Inc. reported Thursday that its first quarter profit fell 22%, hindered by foreign currency fluctuations and … [Read more...]

Gap Inc. Posts Mixed Q1 Sales Performance

Gap Inc.

San Francisco--Gap Inc. has booked a mixed sales performance in the first-quarter, with net sales growth but a slight fall in … [Read more...]

April Retail Comp Sales Jump Past Estimates


New York—After being foiled by winter storms and bad weather and a later Easter, retailers today reported a comparable store sales … [Read more...]

Week in Review: Top 10 Articles to Remember

Getting it right: Hearts on Fire

New York—First quarter earnings reports have begun trickling in…and you know what? They’re better than expected.Despite … [Read more...]

China to Become Gap Inc.’s No.2 Market in 3 Years

Gap china

San Francisco—Gap Inc. is looking to become less dependent upon the (unpredictable) U.S. market, which accounts for about 84% of … [Read more...]