Tag: Gap

News & Trends

Gap announces tie-up to start selling products on Amazon

November 14, 2022

Via: Charged

Gap has tied up with Amazon to enable the clothing retailer to start selling products on the Amazon Fashion platform in the US and Canada. Customers can shop from an offering of basic, modern essentials for the family, including hoodies, […]

News & Trends

Walmart and Gap Partner to Launch Exclusive Home Essentials Line

May 27, 2021

Via: Retail TouchPoints

Walmart and Gap have entered a strategic partnership to introduce Gap Home, a home essentials brand exclusive to Walmart. The collection, which will launch June 24, will feature more than 400 items across home décor, tabletop, bedding and bath, with […]

Retail Types, Stores

Nordstrom shares tumble as 2021 sales outlook disappoints, retailer sees bigger shift to Rack

February 4, 2021


Nordstrom shares tumbled Thursday as the department store chain delivered a disappointing sales outlook for the year, and said it plans to shift more of its business toward off-price. Nordstrom said it expects revenue to rise more than 25% in […]

News & Trends

Retail sector rallies 8% in a week. Four stocks to watch ahead of the holidays

November 9, 2020


Retail is on the rebound. The SPDR S&P Retail ETF (XRT), which tracks the group, rallied almost 8% last week, fueled by gains in names including Etsy, Best Buy, Gap and Ross Stores. Etsy shares advanced by more than 20% […]

Customer Engagement, Customer Experience

Did Gap just learn that no good tweet goes unpunished?

November 5, 2020

Via: RetailWire

The recent and still undecided presidential election was one of the most contentious races in modern U.S. history. Even before the voting was done, there were some politicos and pundits talking about the need for whomever won the election to […]

News & Trends

Retailers, trade groups join coalition against counterfeit sales

September 4, 2020

Via: Retail Dive

The Buy Safe America Coalition is focused on the threat that organized retail crime, and fake and stolen goods, pose to retailers. Per a January report from the U.S. Department of Homeland Security, cited by the Buy Safe America Coalition, […]

Retail Types, Stores

The biggest US mall owner, Simon Property, sues Gap over skipped rent payments

June 4, 2020


The biggest mall owner in the country ,Simon Property Group, is suing one of its biggest tenants, Gap, saying it failed to pay more than $65.9 million in rent and other charges due during the coronavirus pandemic. The battle in […]

News & Trends

Old Navy Q1 sales stabilize struggling Gap

May 22, 2017

Via: Retail Dive

Gap Inc.’s first quarter financial report Thursday showed that the struggling apparel company is still in the game: Q1 net sales were $3.4 billion, about flat to the year-ago quarter as they were hit by some $11 million in currency […]

News & Trends

Improving Gap delivers good news

February 24, 2017

Via: Chain Store Age

A jolly holiday season helped Gap Inc. post fourth-quarter earnings and sales that beat expectations, leading to speculation that the chain’s turnaround may be starting to take hold. The nation’s largest apparel retailer reported net income of $220.0 million, or […]

News & Trends

Gap surprises with strong holiday, lifts guidance

February 8, 2017

Via: Retail Dive

Gap. Inc. on Monday raised its profit guidance for the year on strong holiday sales, lifting its share price 3% in after-hours trading. The apparel retailer’s Q4 net sales rose 1% to $4.43 billion, edging out analysts’ expectations for $4.4 […]

Others, Tech

Gap in augmented reality dressing room pilot

February 6, 2017

Via: Chain Store Age

Gap is testing an augmented reality app that lets shoppers “try on” its apparel without ever entering a store. The app, called DressingRoom by Gap, lets customers virtually try on merchandise via their smartphone, according to a report by PSFK. […]

Others, Tech

Gap Adds a Virtual Showroom for Wedding Parties

January 17, 2017

Via: Retail Info Systems News

Gap Inc. has added a social shopping platform for wedding parties, Weddington Way, to the company. This comes after last November’s news that J. Crew is killing its entire bridal line, signaling that Gap may try to enter the bridal […]

Retail Types, Stores

Gap Inc. Reports April and First Quarter Sales Results

May 10, 2016

Via: Business Wire

Gap Inc. today announced April net sales were $1.12 billion for the four-week period ended April 30, 2016, compared with net sales of $1.21 billion for the four-week period ended May 2, 2015. For the first quarter of fiscal year […]

Retail Types, Stores

Gap needs to close more stores

April 29, 2016

Via: FierceRetail

With no relief in sight from its chronic sales declines Gap Inc GPS -1.84% will need to close a lot more namesake stores on top of the dramatic shrinking of its fleet in recent years, according to a Wall Street […]