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Investors Ignore Retailers' Optimism
Original at TheStreet.com
• Wed, Jun 10
Gap(GPS Quote) and JC Penney both had some good news for investors, but neither was exactly rewarded. Gap said it plans on remodeling 50 of its Old Navy stores, a plan that could help the company regain market share. Its stock slipped by 2% to $16.68. ...
Analysts' Upgrades, Downgrades: Nike
Original at TheStreet.com
• Fri, Jun 5
Gap (GPS Quote) downgraded at Goldman Sachs to Neutral from Buy based on higher valuation and increased Street expectations. Previous bullish stance was based on improvements at Old Navy. Comps have turned positive and the catalyst has played out. ...
Gap's Old Navy Mistakes Offer Insights
Original at TheStreet.com
• Mon, Apr 27
But Old Navy's lesson applies to any industry: If you veer too far from your mission, you risk losing loyal, long-time customers. The key is to figure out how to expand your offerings without diluting your brand. When the first stores debuted 15 years ...