Gap: Same Old, Same Old Same-Store Sales
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When it comes to August comps, Gap reports more of the same.
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NEW YORK -- The traditional excuse for disappointing retail sales in February -- cold weather -- might not be enough to explain sluggish results posted by US merchants from Gap Inc. to AnnTaylor Corp. Unappealing fashions may also have something to do with it.
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Gap Inc. GPS.N said on Thursday its   sales at stores open at least a year fell 7 percent, below   analyst forecasts, in August as results at its Gap and Old Navy   clothing chains continued to suffer.
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Can small variations in the UK news search engine market produce large variations in the long-term behavior of the worldwide search engine market?
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Limited Brands meets same-store sales growth expectations for June.
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Business & money: Official data reveals a worse-than-expected fall in retail sales last month
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The retailer's same-store sales plummet.
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Investor's Business Daily - Market News' retail trade index bounced 3.7 points to a still-weak 41.5 in the Oct. 27 week. Readings below 50 signal more chains are reporting slowing conditions. Same-store year-on-year sales growth is very weak at 0.7%, with total sales growth at 4.1%. Income is also weak, with 43% of the sample reporting declines vs. 40% reporting gains. Retailers blamed housing woes.
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Sales slow, margins contract -- but the price is nice.
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Some hubs of cheap retail are struggling, but not all of them.
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By putting finances before fashion, the Gap has lost its best customers. Can this company be saved?
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There's not too much surprising about Gap's first quarter.
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Gap Inc.'s fourth-quarter profit fell 35 percent in a gloomy performance that triggered a recent management purge and doomed the slumping retailer's newest chain. The San Francisco-based company said late Thursday that it earned $219 million, or 27 cents per share, for the 14 weeks ended Feb. 3. That compared with net income of $337 million, or 39 cents per share, at the same time in the previous year.
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Same-store sales fall, but there might be light at the end of the half-pipe.
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U.S. chain store retail sales slipped   in the latest week while overall demand compared with one year   ago remained robust, a retail report said on Tuesday.
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Struggling apparel retailer Gap Inc.  said on Thursday that for the first time in a year its monthly sales did not decline, and nudged up its outlook, sparking the stock to jump as much as 4.4 percent.
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Will it be the same as last year's top market?