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Gap Inc. taps Old Navy chief as CEO
- Retail Dive
Gap Inc. on Thursday announced the appointment of Old Navy chief and company veteran Sonia Syngal as CEO, effective March 23. She will also join …
Press Coverage
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How Long Can Off-Price Retailers Continue to Outperform?
- National Real Estate Investor
The U.S. off-price retail sector remains a bright spot in the turbulent retail environment plagued with bankruptcies and store closings.
More than 9,300 stores closed this year, up 63 percent from 2018
- NBC News
From Gap to Barneys, 2019 saw store closures reach record levels in the ongoing battle with online shoppers.
Store Concept of the Year: Nordstrom Local
- Retail Dive
The retailer’s merchandise-free concept store stands out as a smart differentiator for Nordstrom and, potentially, its savior.
Ecommerce Sets Records Over Cyber Weekend, Stores See Slight Declines
- Multichannel Merchant
Total ecommerce sales reached $26.93 billion over Cyber Weekend, including Thanksgiving, Black Friday, Small Business Saturday, Super Sunday and Cyber …
Retail Winners And Losers This Black Friday 2019
- Forbes
It’s still early days of the final holiday retail push, but early results point to who’s going to win big – e-commerce and omni-channel retailers with strong mobile platforms – and lose – physical retailers dependent on in-store traffic – through the rest of the month.
Online shopping, extended sales dim, don’t defeat, Black Friday frenzy
- Cronkite News Arizona PBS
Earlier sales and expanded online shopping options have cut into Black Friday’s appeal, but they have yet to knock it from its position as the elbow-throwing, hectic start of the holiday shopping season for many.
The Generational Divide in Holiday Shopping
- The Wall Street Journal
As Black Friday’s hold on the season has loosened, shopping patterns diverge by age.
5 store concepts that no longer exist
- Retail Dive
Without the correct execution plan in place, expanding into even the most lucrative categories can be unsuccessful.
Art Peck’s abrupt exit might be Gap’s last chance
- Retail Dive
With the ouster of its CEO, the apparel giant may have thrown cold water on its plan to spin off its discount brand. What now?