Gap

  • JCPenney, Gap, Macy’s and other retailers may have to close more stores

    For retailers, recent headlines are showing both disappointment and optimism. Shares of JCPenney (JCP) slumped more than 6 percent on Tuesday after the surprise departure of CEO Marvin Ellison raised fresh concerns about the struggling 110-year-old retailer’s future. But Macy’s (M), which has faced its share of challenges, is on the...
  • Gap Apologizes to China for Offense Caused By T-Shirts

    Gap Inc. became the latest international company to apologize for offending Chinese political sensibilities, pulling a T-shirt featuring a map of China that left out territories claimed by the country. The apology was triggered by complaints from consumers reacting to pictures of a Gap-branded T-shirt posted on Chinese social...
  • Gap and Banana Republic will close about 200 stores

    Gap says it will shift its focus to its growing brands Old Navy and Athleta and away from the Gap and Banana Republic. The company said Wednesday it will close about 200 Gap and Banana Republic stores in the next three years and open about 270 Old Navy and...
  • Model Alert: Baby Future poses on the cover of a magazine!

    The next big thing in modeling? Future Zahir! Ciara‘s 3-year-old son is the star of a new back-to-school ad campaign for Gap Kids, she shared on social media Wednesday. In the too-precious snap Ciara posted, Future is rocking a pair of dark blue jeans, a matching jacket with an...