Labor is in the spotlight as Supreme Court issues far-reaching, employer-friendly ruling and a potential mass strike of hospitality union workers could cripple Las Vegas resorts.
Although Gap's headline first-quarter sales growth looks very strong, the reality is that it is inflated by both currency gains and a change in the way revenue is accounted for.
Gap Inc. on Thursday reported first quarter earnings and same-store sales that missed Street analysts amid a surprising slowdown at its Old Navy brand. Total sales, however, were better than expected.
