Glenn Murphy


July Retail Sales Surprise, Stronger Than Expected

Shopping

New York—Although July retail sales were down from a year ago, many retailers defied doom and gloom expectations to post … [Read more...]

Executive Shuffle: Coach, Gap Inc., Tommy Hilfiger, Sears Canada

Appointments

Coach Taps PepsiCo Executive as CFONew York--Coach named Jane Nielsen as its new executive vice president and chief financial … [Read more...]

Gap Inc. Q1 Profits Slump on Unanticipated Expense Increases

Gap logo

San Francisco—Citing production costs 20% higher than a year ago, Gap Inc. reported Thursday that its first quarter profit slumped … [Read more...]

Gap Inc. Centralizes Global Operations Ahead of Overseas Push

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

San Francisco--Gap Inc. is consolidating its international operations into one unit based in London as part of a major push to … [Read more...]

March Sales Increase Modestly

Retail Sales

New York—While bad weather, rising gasoline prices and a later Easter lead retail analysts to forecast March retail sales would … [Read more...]

Q4 Profit Updates: JCPenney Jumps, Gap Improves

JC Penny

JCPenney Posts 35% Q4 Profit Increase Plano, TX—JCPenney posted today a 36% increase in its fourth quarter profit as sales of … [Read more...]

Gap Names Art Peck New President

Art Peck, president of the Gap

San Francisco--Gap Inc named Art Peck as president of Gap North America replacing Marka Hansen, and the retailer said it would … [Read more...]

Gap Reaffirms Full Year Estimate Despite Q3 Profit Fall

Gap Inc.

San Francisco--The cost of expanding its business overseas has dragged on Gap Inc's third quarter, after the specialty clothing … [Read more...]

Rise in Sales Gives Gap 3% Profit Lift in 2Q

Gap Inc.

San Francisco--Gap Inc. has reaffirmed its full-year earnings guidance after higher sales at the Old Navy and Banana Republic … [Read more...]

Gap Inc. Q1 Profit Jumps 40%

The Gap

San Francisco--Gap Inc. has raised its earnings guidance for the year ahead after posting a 40% jump in first quarter profit … [Read more...]