Once one of the world’s most successful specialty retailers, Gap has been mired in decline for over a decade. Following a series of cost-cutting measures, will the arrival of creative director Rebekka Bay and a new focus on product help the American retail giant get back on its feet?
NEW YORK, United States — Gap Inc., the biggest U.S. specialty-apparel retailer, maintained an annual profit forecast range signaling that the crucial holiday-shopping quarter may fall short of analysts’ estimates.
NEW YORK, United States — Gap Inc. is expanding its service that allows shoppers to reserve items online and then pay for and pick up the merchandise at the store within 24 hours.
DHAKA, Bangladesh — Six months ago, when 1,127 Bangladeshi workers were killed in the collapse of a high-rise warren of garment factories, international outcry led to pledges by western retailers and the government to set up a large-scale inspection regime and a new wage system.
NEW YORK, United States — Gap Inc. said Thursday that a key revenue metric fell in September, missing Wall Street forecasts and stalling the clothing chain's sales momentum that it had enjoyed since early last year.
NEW YORK, United States — Gap Inc., the biggest U.S. specialty-apparel retailer, is running television ads for its namesake brand for the first time in four years as it seeks to build on the chain's recent turnaround.
NEW YORK, United States — Gap raised its earnings per share outlook for the year on Thursday, after its summer lineup helped boost second-quarter results and advanced its turnaround push.
SAN FRANCISCO, United States — Gap Inc. is expected to report second-quarter results after the markets closes on Thursday as the clothing chain's turnaround continues.
SAN FRANCISCO, United States — Gap Inc. said Thursday that its companywide sales trends improved for the month of July and its second quarter as shoppers responded well to its lineup of summer products at its namesake and Old Navy stores.
NEW YORK, United States — U.S. low-price retailer T.J. Maxx plans to open an online store this year, as does rival Saks Inc's Off Fifth outlets, making 2013 the year technology may have caught up with the speed of fashion.
WASHINGTON DC, United States — Nearly 20 North American retailers including Wal-Mart Stores Inc and Gap Inc unveiled a 5-year safety plan for Bangladesh garment factories on Wednesday that would include inspecting every factory within a year.
ZURICH, Switzerland — A group of mainly European retailers has finalized a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April.