Around the Net

Gap Struggles, Old Navy Spinoff Plans Continue

The struggle for retailers is real. Gap Inc.’s third quarter yielded disappointing performances across all three of its divisions. In a call with analysts, interim president and CEO Robert J. Fisher acknowledged the challenges that the company’s namesake brand faces as it moves forward. "Significant improvement is required, a lot of transformation is going on and will continue with urgency,” he said, according to Chain Store Age.

Read the whole story at Chain Store Age »

Next story loading loading..