Gap

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By division, same-store ales were down 12% at Gap stores in North America while Banana Republic fell 13% and Old Navy was down 3%. International same store sales were off 4%. "We're pleased with the way we navigated the challenging economic environment ...

 - Murphy, who took the top job at Gap last year, said the struggling clothing chain will reduce square footage per point of distribution, with most of the ...

Shares of Amgen Inc. and KLA-Tencor Corp. rose Thursday evening after the companies reported an increase in quarterly profit and sales, and stock in Gap Inc. climbed after the clothing retailer named a new chief executive.

SAN FRANCISCO (MarketWatch) -- Gap Inc. said Wednesday it has entered into separate franchise agreements with retailers in Saudi Arabia and Turkey to launch Gap and Banana Republic stores in those countries. The San Francisco-based retailer said that, over the next five years, its part...

SAN FRANCISCO (MarketWatch) -- Gap Inc. sales at stores open for at least a year fell 3% in May, the clothing retailer said Thursday, as North American operations -- notably its namesake stores -- weighed on results.

NEW YORK (MarketWatch) -- Gap Inc. Thursday said same-store sales dropped 16% in April. The average estimate of analysts polled by Thomson Financial was for a decline of 7.1% in comparable sales for the month. Total sales fell 11% in the period to $1.09 billion from $1.23 billion a year earlier. T...