The casual fashion retailer plugs into growing secondhand apparel craze by serving as a collection hub for the clothing reseller.
News & Analysis: Gap
Shares of the casual retailer dropped after it delayed its earnings report.
With the company's leadership in flux and a major restructuring plan scrapped, Gap is at an important crossroads.
Department store chains and others took a hit on multiple news items.
It will save money by not going ahead, but has now added to the list of problems it needs to fix.
The apparel retailer's decision to halt its Old Navy spinoff is good news, but only a new leader and strategic plan can mark a clear start to recovery.
The company may do better in the long run by staying whole.
Ignore the latest pop in the stock.
Struggling retailer The Gap might benefit by following H&M’s seamless online and in-store revamp.
With the close of an awful year for Gap, the pressure is on.