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75% of CFOs Embrace Double Digit Spending Increases
CFOs want to spend more, but access to capital is the challenge, per the CFO Alliance sentiment report.
By
Adam Zaki
| January 26, 2023
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Financial Performance
Gap’s Namesake Brand Weighs on Comp Sales
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
By
Matthew Heller
| November 21, 2018
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Strategy
Gap Revenue Tops Estimates, But Earnings Fall Short
The retailer affirmed full-year guidance and plans to open 60 Old Navy stores by the end of the year.
By
William Sprouse
| May 25, 2018
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Turnarounds
Gap Worn Down By Declining Sales
The Gap announced it was closing 75 stores, including Old Navy Japan, as sales continue to plunge and profits dwindle.
By
Matthew Heller
| May 20, 2016
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Operations
Gap Closing Stores, Potentially Laying Off Thousands
The company estimates roughly $300 million in annualized sales losses associated with the store closures.
By
Katie Kuehner-Hebert
| June 16, 2015
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