old navy

Gap Shares Tumble Same-store Sales for Gap Stores Miss Expectation

Gap Shares Tumble Same-store Sales for Gap Stores Miss Expectation

Gap Inc. (NYSE: GPS) on Thursday announced second quarter revenue and earnings that beat analysts’ estimates, but comparable sales for its Gap brand missed analysts’ expectations, sending its shares down more than 10%.The apparel Company..

Gap to Close 200 Gap & Banana Republic Stores and Open 270 Old Navy & Athleta Stores

Gap to Close 200 Gap & Banana Republic Stores and Open 270 Old Navy & Athleta Stores

Gap Inc. (NYSE:GPS) is planning to refocus their efforts on Old Navy and Athleta brands instead of their own and Banana Republic by closing hundreds of locations for both brands. The company wants to concentrate on growth which is primarily e commer..