- Gap Global: negative 3 percent versus positive 3 percent last year
- Banana Republic Global: negative 5 percent versus positive 4 percent last year
- Old Navy Global: negative 2 percent versus positive 10 percent last year
Sears should be embarrassed by the state of its New York City stores.
Earnings show a tale of two retailers ahead of the important back-to-school buying season.
Urban's three apparel brands are making the turnaround faster than Gap's three brands.
A year ago the market was in a massive tailspin. It survived and has been going up ever since, Cramer says.