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Redefining the space
Retailers, developers attempt to turn shopping centers into gathering places with stores
Digital moves fast. Business people who disregard the devastating waves of changes it leaves will inevitably be engulfed by them. Consider this rising marketplace tsunami detected by Deloitte Consulting:
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Fire at distribution center cuts into Gap’s results
The fire is out, but its effects will linger. Gap Inc. on Thursday reported a 3% decline in same-store sales for September, and said it expects the fire that occurred at the end of August at its distribution center in Fishkill, New York, will negatively impact its October comp-sales by approximately 3 percentage points and also have a negative impact on its comp-sales results in its fourth quarter.

