As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Gap’s (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer’s Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earni…
Gap’s same-store sales will likely fall in its fiscal third quarter, which ends this month, CEO Glenn Murphy warned at an investor meeting in New York on Thursday.
Continue reading Gap Same-Store Sales Likely t…
Gap (GPS) is reinstating its familiar blue box logo, just one week after unveiling a new logo to great fanfare.
The new logo showed the word “Gap” on a white background with a small blue box jutting out of it. Customers and market players reacted with almost universal contempt.
One commenter on Gap’s Facebook page said the logo looked “like a child made it.”
Gap insisted the new…
Continue reading Gap Scraps New Logo After Just One Week
Gap Scraps New Logo After Just One Week originally appeared on DailyFinance on Tue, 12 Oct 2010 06:55:00.
Filed Under: Company News, Media, Retail
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…