San Francisco — Gap Inc. plans to open a new state-of-the-art Customer Experience Center in Longview, Texas. By delivering inventory faster and more efficiently to customers across the country, the $140 million investment will help Gap Inc. meet the rising
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San Francisco — Gap Inc. has hired Asheesh Saksena to join the Gap Inc. senior leadership team as chief growth officer, a newly created position that will focus on executing the company’s strategic agenda, as well as leading growth initiatives
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San Francisco — Gap Inc., a longtime apparel tenant in enclosed regional malls nationwide, has announced plans to close 350 stores under its Banana Republic and Gap banners in an effort to transition focus to e-commerce and off-mall retail locations.
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San Francisco — Gap Inc. has appointed Nancy Green as the president and CEO of Old Navy, the company’s largest brand. Green will report to Sonia Syngal, CEO of Gap Inc., and will serve on the company’s senior leadership team.
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Union, N.J. — Bed Bath & Beyond Inc. has appointed Rick Wilkins as regional vice president for the West region, effective immediately. He will report directly to Gregg Melnick, executive vice president (EVP) and chief stores officer, and will play a key role in the
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San Francisco — Driven by a 95% surge in online sales, San Francisco-based Gap Inc. reported a 13% increase in its comparable sales for the fiscal second quarter, which ended Aug. 1. Gap’s decision to make face masks early on
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San Francisco — Gap Inc. has launched a B2B product program focused on offering large organizations high-quality reusable, non-medical grade cloth face masks to supply to their employees as they welcome them back to work. With the tremendous impact COVID-19
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San Francisco — Gap Inc.’s board of directors has named Sonia Syngal, an accomplished retail leader and CEO of the portfolio’s Old Navy business since 2016, as the company’s next chief executive officer, effective March 23. She will also join
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San Francisco — Gap Inc. no longer intends to separate Old Navy into a standalone public company. Additionally, the company has announced that Neil Fiske, president and CEO of Gap brand, will leave the company. “The plan to separate was
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San Francisco — Gap Inc.’s president and chief executive officer, Art Peck, will step down from his position and from the company’s board. Peck will leave Gap after a brief transition. Effective immediately, Robert J. Fisher, the company’s current non-executive
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