Gap

Retailers can't wait for Black Friday, open Thursday

source: BloggingStocks

If Thanksgiving is a bird, a beer and a football game for you, prepare to have your thinking challenged. Many retailers are looking to get a head start on Black Friday this year, opening a day early, some of them for the first time. Most Old Navy Stores (GPS) will open their doors on Thursday, al...

Published Tue, Nov 24

Bolland brings change to M&S￿

source: just-style.com

US clothing giant Gap Inc is also on track for change after posting a 25% gain in third quarter profit to US$307m. Sales were up 1%, led by a strong performance at the Old Navy chain. Gap says it now wants to build market share this holiday season - helped by its first TV advertising campaign for t...

Published Sun, Nov 22

Is Old Navy's comeback for real? Of course not

source: BloggingStocks

At least, that's what most media outlets are reporting. According to Associated Press, "the bad economy has been good for the chain's lower-price Old Navy brand, which was retooled last year to resume catering to frugal moms after an ill-fated foray into trendier fashions."

Published Wed, Nov 18

Abercrombie & Fitch: A momentum play after Q3 release?

source: BloggingStocks

Back in August, I discussed my amazement at Abercrombie & Fitch (ANF). The stock just didn't seem to be acting in a manner which reflected the fundamentals of the business it represents. Well, my bout of amazement continues, because shares of the retailer are up 9% as of this writing on t...

Published Fri, Nov 13

A Gap for international growth

source: just-style.com

The San Francisco based firm is also planning a return to television advertising in November following a two-year absence, as well as expanding its outlet stores, and launching online businesses in Canada and the United Kingdom in 2010. It also said it intends to reduce square footage by...

Published Sun, Oct 18

Donald Fisher, legendary retail giant, dies

source: BloggingStocks

Back in the late 1960s -- when the hippie movement was in full force -- Donald Fisher started a blue jeans store in San Francisco. Yes, it eventually turned into a retail empire, called The Gap (NYSE: GPS). The company now has more than 3,100 stores and $14.5 billion in revenues.

Published Mon, Sep 28

Gap, Inc. Gives Warm Fuzzies with 2010 Olympics Youth Donation

source: PR Inside (Pressemitteilung)

The Foundation for Global Sports Development (GSD) is treating 50 at-risk kids from the Boys & Girls Clubs of San Francisco to the 2010 Vancouver Olympic Games free of charge. But what does an at-risk kid from California have to wear in a Canadian winter? San Francisco-based Gap Inc., o...

Published Fri, Sep 25

Twelve straight months of retail sales declines

source: BloggingStocks

Some retailers actually showed gains. TJMaxx (NYSE: TJX) and Old Navy, a Gap (NYSE: GPS) company, for example, saw year-over-year sales increases, though upscale stores generally sustained declines. The action on the discount side could be an early sign that the consumer is ready to pla...

Published Fri, Sep 4