The Gap earned nearly universal scorn this week when it unveiled its new logo. But the clothing retailer’s response — a crowd-sourcing request aimed at getting the public to design a better logo for free — is only fueling the…
Knowing customers’ likes and dislikes is about as basic as it gets in retailing. But for years, national department stores got it wrong. More concerned with controlling costs, big retailers focused on sameness. Not anymore.
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Gymboree Corp (GYMB) surged in extended-hours trading following reports that it is considering selling itself to private equity companies.
The stock jumped 19.69% to $49.72 a share as of 7:59 pm ET Thursday.
The children’s clothing’s retailer and its bankers have been soliciting interest from potential buyers, The Wall Street Journal reported without naming its sources.
Private…
Continue reading Gymboree Jumps in Extended Hours Trading on Potential Sale
Gymboree Jumps in Extended Hours Trading on Potential Sale originally appeared on DailyFinance on Fri, 01 Oct 2010 06:45:00.
Filed Under: Company News, Retail, Stocks in the News