Gap
7. October 2010 | 19:48Gap same-store sales fell for September
NEW YORK (MarketWatch) — Gap Inc. said Thursday that its September sales at stores open at least one year fell 2%. Analysts, on average, had expected same-store sales to be flat, according to Thomson Reuters. Total sales for the five weeks ended Oct. 2 rose 1% to $1.34 billion. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for … (News Source: Market Watch - 12:18:15)
Gap Comps Down 2% In “Challenging” September; Net Sales Edge Up
Specialty retailer Gap, Inc. reported Thursday a decline in sales for the month of September at store locations open at least for a year, while analysts were expecting sales to be flat. The company’s Old Navy North America division also reported a decline in comparable store sales for the month, while its international division reported growth. Net sales for the month edged up 1%. (News Source: RTT News - 13:04:40)
Gap stock: Buy or sell?
The Gap has suffered for some time as retail rivals J. Crew and Abercrombie & Fitch continue to steal market share. Sales have fallen every year for the last five years, and though Gap has made headway into foreign markets like Japan, the bulk of its fortunes are tied to a shrinking U.S. market. (News Source: CNN Money - 13:27:04)
Gap’s same-store revenue falls 2 pct in September
(AP:NEW YORK) Gap Inc. said Thursday its revenue at stores open at least a year fell 2 percent in September, dragged down by Old Navy stores. Analysts polled by Thomson Reuters expected flat same store revenue following a decline of 1 percent a year earlier at the San Francisco-based retailer. (News Source: INO News - 13:28:24)
Gap Inc. Reports September Sales
SAN FRANCISCO–(BUSINESS WIRE)–Gap Inc. (NYSE:GPS) today reported net sales of $1.34 billion for the five-week period ended October 2, 2010, which was an increase of 1 percent compared with net sales of $1.33 billion for the five-week period ended October 3, 2009. The company’s comparable store sales for September 2010 decreased 2 percent compared with a 1 percent decrease in September 2009 … (News Source: Business Wire - 12:21:30)
Gap Gets A New Logo (PHOTOS, POLL)
Gap has debuted a new logo on its website, doing away with the blue square we’ve come to know and love. There’s no word if the stores will follow suit or if it’s just an online thing. (News Source: The Huffington Post - 19:46:51)
GAP needs holiday fill-up
Ham it up for turkey day in Barrie. The Grocery Assistance Program (GAP) is looking for both holiday staples — turkeys and hams — during today’s Thanksgiving Food Drive at Zehrs on Bayfield Street, from 9 a.m.[…] (News Source: Barrie Examiner - 14:04:10)
Gap logo: Retail brand unveils new design
As part of a modernisation campaign - including the launch of an online store last month - Gap’s new design was introduced on the brand’s website earlier this week. (News Source: Daily Mail - 17:11:53)
Pay gap closest ever between genders
The pay gap between men and women is the closest it has ever been. (News Source: 3news - 16:10:39)
Gap Revives Denim-to-Insulation Program
Old jeans don’t have to die; they can be transformed into insulation–if you bring them to the Gap between October 5 and October 20. The clothing giant, which just unveiled a questionable new logo , is reviving its denim insulation program. The five-year-old program allows customers to bring old denim to Gap stores over during designated days. All donated denim goes to Cotton. From Blue to Green … (News Source: Fast Company Magazine - 14:22:48)
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