Fri, Jun 12
There is something new at Old Navy, but you have to look hard to find it. Gap (NYSE: GPS) is trying to breathe new life into its moribund discount apparel concept by making over 50 of its 1000 stores. I'm all for tweaking something that isn't working, ...
Related News
Got Any Change? At REBNY Retail Awards, Brokers Put Up Brave Front 
source: New York Observer
NY She and her boss, Nevin Danziger, said that the trend is now toward “better-priced stores”—especially for apparel (Old Navy, H&M, and TJ Maxx), technology (Apple) and food (Whole Foods and Trader Joe's). Some brokers said that Manhattan will not see a ...
Published Thu, Jun 11
Investors Ignore Retailers' Optimism 
source: TheStreet.com
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. ...
Published Wed, Jun 10
Gap Reaffirms CapEx Guidance, Announces 40 New Stores 
source: Comtex Smartrend
By Chip Brian, SmarTrend Analytics Team Gap Inc. (NYSE:GPS) released a statement today, announcing plans to remodel a number of Old Navy stores and expand ... and more »
Published Wed, Jun 10
Retailers forced to sell themselves 
source: Daily Finance
NY Investors expect that Gap Inc. (GPS) may unload its struggling Old Navy brand. Pressure also is mounting on the Dillard family to improve the performance of its flagging business Dillards Inc. (DDS). Borders Group Inc. (BGP), the second-largest book ...
Published Mon, Jun 8
Analysts' Upgrades, Downgrades: Nike 
source: TheStreet.com
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. ...
Published Fri, Jun 5
Notable Analyst Rating Changes 6/5: TIN, NKE, PHM, JTX Upgraded ... - StreetInsider.com 
source: StreetInsider.com
subscription), MI Goldman Sachs downgrades Gap (NYSE: GPS) from Buy to Neutral and removed the stock from their Conviction Buy List, saying the shares reflect improvement at at Old Navy. The firm is maintaining their $18 price target. Friedman Billings Ramsey downgrades ...
Published Fri, Jun 5
source: Alibaba News Channel
NEW YORK Also down were Limited Brands ( LTD - news - people ) (off 7%), and Gap ( GPS - news - people ), which saw comp sales drop 6%, despite a solid performance from its Old Navy unit. Things were even worse at luxury retailers, which customers have largely ...
Published Thu, Jun 4
US HOT STOCKS: Guess, Cooper, Analogic Active In Late Trading 
source: Wall Street Journal
Gap Inc. (GPS, $16.94, -$1.29, -7.08%) was expected to deliver a May same-store sales upside surprise, as analyst had bet on great progress for its Old Navy turnaround. But the retailer posted a 6% drop, worse than the 5% decline that was expected. ...
Published Thu, Jun 4