Gap Inc. (The) News
Gap Lays Off 500 as Fast-Fashion-Focused Consumers Snub Its Brands
Despite efforts to reinvigorate its Gap, Old Navy and Banana Republic offerings, Gap is laying off 500 corporate workers as consumers snub the once-popular brands.
Stock Market Today - 8/26: Stocks Nose-Dive On Hawkish Jackson Hole Speech From Fed Chair Powell
Stocks suffered their biggest single-day decline in six weeks Friday as investors re-set rate expectations following a hawkish update from Fed Chair Jerome Powell.
Gap Stock Higher On Surprise Q2 Profit, But 2022 Outlook Scrapped
"Like so many others in our industry, we are managing through elevated inventory levels as a result of changing demand trends and shifting consumer preferences," said CFO Katrina O'Connell.
Stocks Edge Lower, Jackson Hole, Dell, Gap And Marvell Technology In Focus - Five Things To Know
Stock futures slip ahead of key Jackson Hole speech; Fed inflation gauge may give Powell more evidence of peak price pressures; Dell shares tumble after muted PC demand outlook; Gap shares surge after Banana Republic drives solid Q2 sales and Marvell shares move lower on supply chain caution in chip market
How To Sell Your Old Clothes & Earn Money For New Ones
Cleaning out your closet doesn't have to harm the environment -- and if you're smart, it can help your wallet, too.
Stocks Slump Lower, Week Ahead, Tesla, AMC And Gas Prices In Focus - Five Things To Know
Stock futures slide on growth, inflation worries; week ahead: Powell set for key Jackson hole address; Tesla shares slide as musk unveils FSD price hikes; AMC entertainment plummets as Cineworld confirms chapter 11 bankruptcy option and gas prices hit late-February lows as oil extends declines
Old Navy Makes a Really Big Promise to Families and Fashionistas
The clothing store committed to not raising the price of its jeans for the next three months.
Stock Market Today - 7/12: Stocks Finish Lower, Euro Hits Dollar Parity, With Earnings, Inflation In Focus
Wall Street ended a see-saw day lower on Tuesday as investors put risk bets on hold ahead of bank earnings and inflation data later this week.
Gap Stock Slides On CEO Sonia Syngal Exit, Muted Profit Margin Forecast
CEO Sonia Syngal will step down as CEO and the struggling casual apparel retailer said current quarter sales would continue to decline.
Stocks Lower, Euro Parity, Twitter, Gap And Bill Ackman SPAC - Five Things To Know
Stock futures slump with earnings, inflation in focus; Euro hits parity against the greenback for first time in 20 years; Twitter fires back at Elon Musk, demands $44 billion merger completion; Gap shares tumble on CEO Sonia Syngal exit and Bill Ackman unwinds $4 billion Pershing Tontine SPAC.
Breaking News
Amazon Plans New 'Prime Early Access' Event in Race For Holiday Market Share
Prime Early Access will offer "deep discounts on top brands" and follow a move by Target to bring forward holiday-focused sales.
Las Vegas Sands Stock Leaps As Macau Eases Covid-Era Gaming Visit Restrictions
Macu, the world's largest gaming hub and a key source of U.S. casino operators revenues, will begin allowing tour visits in November.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.