San Francisco—Buoyed by sales at its Gap and Old Navy stores, Gap Inc. reported Thursday afternoon April comparable store sales … [Read more...]
Glenn Murphy
Gap Inc. Outlines Global Growth Plans, Including Old Navy Franchises
San Francisco—In its bid to move from being “America-centric” to “global-centric,” Gap Inc. plans to step up … [Read more...]
April 18, 2013 -
Comp Store Sales Gains in North America Boost Q4 Profit for Gap Inc.
San Francisco—Boasting its best holiday quarter in six years, Gap Inc. today reported increased fourth quarter earnings aided by … [Read more...]
March 1, 2013 -
January Comp Sales Rise, Easily Beating Forecasts
New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]
February 7, 2013 -
Good Tidings: December Comp Sales Better Than Expected
New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations … [Read more...]
January 3, 2013 -
Gap Inc. Goes Upscale with $130 Million Purchase of Intermix
San Francisco—While its Gap, Old Navy and Banana Republic brands are amid a repositioning, Gap Inc. today announced it bought … [Read more...]
January 3, 2013 -
Sandy Dampens November Comp Store Sales Reports
New York—Thankfully, many U.S. retailers reported today that their holiday shopping seasons, particularly since Thanksgiving, … [Read more...]
November 29, 2012 -
Turnaround on Track: Gap Inc. Reports Q3 Profit Surge
San Francisco—Gap Inc.’s efforts to improve its U.S. sales with more fashionable merchandise apparently are paying off. On … [Read more...]
November 16, 2012 -
Gap Inc. to Realign in New Global Structure
San Francisco—In a move that emphasizes its global expansion plans, Gap Inc. announced Tuesday it plans to realign its … [Read more...]
October 17, 2012 -
Gap Inc. Rebounds, Posts Solid Q2
San Francisco—Gap Inc. appears to be rebounding from its 16% sales drop in 2011: the apparel specialty retailer reported … [Read more...]
August 17, 2012 -
July Retail Comp Sales Give Surprising Results
New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]
August 2, 2012 -
A “Volatile” June Makes for Disappointing Sales Comps
New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing … [Read more...]
July 5, 2012 -
