Gap tops Street with ‘solid’ quarter; holiday outlook softGap Inc. reported a better-than-expected third quarter with earnings and comp-sales that blew past Wall Street expectations, helped by the improved performance of its biggest brand, Old Navy. At Home starts search for new CEOThe longtime chairman and CEO of At Home will step down at the end of 2023. Gap beats Street by swinging to profit, misses with sales in Q2 Gap Inc. reported declining sales across all its brands for the second quarter even as it swung to a profit that topped Street estimates. Old Navy offering unusual guarantee to customers Old Navy is promoting back-to-school shopping with a money-back guarantee. Old Navy teams up with RaceTrac for July Fourth gas giveaway Old Navy customers in select states will be able to get a free tank of gas in a new joint promotion with convenience retailer RaceTrac. Pickleball centers target malls —here are a few examples A new tenant that happens to be America’s fastest growing sport is moving into vacant retail spaces in the nation’s shopping centers. Ulta completes recapture of Sears space at a Massachusetts mall Joins Aldi and Burlington in giving PREIT three rent-paying tenants in anchor space at Dartmouth Mall on Buzzards Bay. Gap posts big loss; executive shakeup includes exit of Athleta CEO Gap Inc. widened its fourth-quarter loss, announced several executive leadership changes and said it is close to hiring a new CEO. Victoria’s Secret CEO resigns after less than a year on the job In an unexpected move, the chief executive of Victoria’s Secret is leaving. ‘Sip and Stroll’ law takes effect at Arizona shopping centers Desert Ridge Marketplace in Phoenix will be the first to let patrons leave bars and roam with their drinks. Gap cutting about 500 corporate jobs Gap Inc. is slashing its corporate workforce. Gap swings to loss as sales tumble, withdraws outlook; CEO search continues Gap Inc. reported a second-quarter loss amid ongoing execution challenges. First Previous 3 4 5 6 7 Next Last
