Gap Inc.


March Retail Gets Boost from Easter Sales

Easter Shopping

New York—While last month may have been the warmest March in more than 50 years, what really helped lift March retail sales were … [Read more...]

February Comp Sales Surprise as Consumer Confidence Rises

Retail Sales

New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that … [Read more...]

Gap Inc. to Expand in Latin America

Gap's first store in Chile. The first Banana Republic as well as two more Gap stores are planned to open this year in the South American country.

San Francisco—With its eye on expanding globally to offset its weaken domestic business, Gap Inc. today announced that it opened … [Read more...]

Online Sales to Comprise 9% of All Retail by 2016

Online Shopping

New York—With Cyber Mondays hitting all time sales records over the last two years, it should come as no surprise that online … [Read more...]

Gap Posts 40% Drop in Q4 Profit, but Beats Forecast

Looks from The Gap's spring collection

San Francisco—Despite a 40% drop in income during its fourth quarter, Gap Inc. reported its latest results that actually beat … [Read more...]

Executive Changes: Walmart, Old Navy, JCPenney, Lane Bryant, Laura Ashley

Executive Moves

 Rosalind Brewer to Head Sam's Club; Internal Promotions at Walmart Bentonville, AR—Rosalind Brewer, who has been president of … [Read more...]

December Comp Sales Rise 3.3% on Mixed Holiday Results

Blizzard Tarnish December Retail Sales

New York—“Sales were decent but not great.” That’s how Ken Perkins, president of Retail Metrics, summed up today’s … [Read more...]

Black Friday Success Bolsters November Retail Comps

Black Friday Shoppers 2011

New York—A warmer than usual November along with consumers holding off spending for Black Friday weekend resulted in mixed … [Read more...]

Gap Inc. Q3 Profit Sinks 36%, Sales Falter

Gap Holiday 2011

San Francisco— Amid turnaround plans that include shuttering nearly 200 stores and downsizing others in North America to … [Read more...]

October Comp Sales Up, But Still Disappointing

October Sales

New York—Major retailers reported today their October comparable store sales were up 3.4% in total from last year, but below … [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 … [Read more...]

Gap Inc. Expands into Russia, Serbia

Russian ad for Banana Republic

San Francisco--Gap Inc. is continuing its aggressive global expansion with the opening of the first Banana Republic store in … [Read more...]

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