‘You barely knew what we were actually selling’: Gap CEO Richard Dickson on the brand’s heavy discount strategy

[ad_1] Richard Dickson is CEO of Gap, joining from toymaker Mattel in August after a year-long search for a company leader. Dickson said the apparel firm’s products had got “lost…

Gap Is Righting the Ship With Old Navy

[ad_1] Is Gap cool again? Maybe not yet, but it is looking more on trend than it has in a long time. The company, which also owns Old Navy, Banana…

Consumers Are Spending Like It’s 2019

[ad_1] Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. [ad_2] Source link

Gap reports another period of declining sales across all brands, warns of ‘uncertain consumer’

[ad_1] Gap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer warned of an “uncertain consumer” and posted another quarter of declining sales across all…