It's a small bit of upbeat news in an otherwise downbeat earnings report.
News & Analysis: Gap
E-commerce is booming and stores are rapidly opening their doors to the public.
GPS earnings call for the period ending May 2, 2020.
Simon Property Group is seeking $66 million in back rent and fees from the retailer.
The country's largest owner of malls is taking one of its biggest tenants to court for the rent it didn't pay while those malls were shuttered due to the coronavirus pandemic.
There were new signs that the economy is recovering.
A recent analyst upgrade and intriguing economic data sent the retailer higher heading into its first-quarter earnings report.
A key analyst upgraded it ahead of earnings.
Investors are feeling more optimistic about the post-coronavirus recovery.
Stores are reopening and investors are optimistic.