Gap Inc. reports net sales up 4 percent and comparable sales positive 3 percent for the holiday shopping season

SAN FRANCISCO, 2015-1-9 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that net sales were up 4 percent and comparable sales were positive 3 percent for the November and December 2014 holiday shopping season, compared with last year. “During November and December, we were pleased to achieve a positive 3 comp, led by Old […]

Gap Inc. reported that November 2014 net sales increased 6 percent compared with last year

SAN FRANCISCO, 2014-12-5 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that November 2014 net sales increased 6 percent compared with last year. Net sales for the four-week period ended November 29, 2014 were $1.72 billion compared with net sales of $1.63 billion for the four-week period ended November 30, 2013. “Old Navy delivered […]

Gap Inc. announces the promotion of two successful current executives to become global brand presidents for Gap and Banana Republic

Global brand presidents named: Andi Owen to lead Banana Republic and Jeff Kirwan to take over Gap SAN FRANCISCO, 2014-11-21 — /EPR Retail News/ — With an eye towards 2015, Gap Inc. (NYSE: GPS) today announced the promotion of two successful current executives, with 35 years of combined company experience between them, to become global brand presidents […]

Gap Inc. selects Art Peck, the president of its Growth, Innovation and Digital division to succeed Glenn Murphy as the company’s next CEO

Board names proven company veteran Peck to become CEO in early 2015 as Murphy transitions from the company; Bob Fisher to become Chairman of the Board SAN FRANCISCO, 2014-10-10— /EPR Retail News/ — Gap Inc. today announced that Art Peck, the president of its Growth, Innovation and Digital division, has been selected by the Board of Directors […]

Gap Inc.’s September 2014 net sales up 1 percent compared with last year

SAN FRANCISCO, 2014-10-10— /EPR Retail News/ — Gap Inc. (NYSE: GPS) today reported that September 2014 net sales were up 1 percent compared with last year. Net sales for the five-week period ended October 4, 2014 were $1.48 billion compared with net sales of $1.46 billion for the five-week period ended October 5, 2013. “September proved to […]