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Thursday, Dec 3

Same-store sales contract as retail squanders its tailwinds

Thumbnail 1 US clothing retailer Gap Inc. (NYSE:GPS) posted flat sales. Gap North America sales fell 4%, but its discount Old Navy chain saw a 6% increase. ... Thanksgiving sales set grim tone for ChristmasFinancial Times US Retail Chains Report a Lackluster NovemberNew York Times

Friday, Nov 20

Dress Barn, Ann Taylor gain in mixed retail sector

Zigzagging shares of Gap (NYSE:GPS) traded down slightly in the latest action. Late Thursday, results showed the largest US clothing chain's quarterly ... and more »

Tuesday, Jun 10

Gap CEO announces plan to trim real estate footprint

 - 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 ...

Thursday, Jul 26

Amgen rises after results; Crocs soars; KLA-Tencor slips

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.

Wednesday, Jun 13

Gap inks franchise agreements in Turkey, Saudi Arabia

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...

Thursday, Jun 7

Gap same-store sales fall 3% in May

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.

Wednesday, May 9

Gap April same-store sales down 16%

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...

 
 

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