Flash Report 3 minutesRegister for Free AccessWith Comp Sales Declining, Gap Inc. CEO Steps Down, To Be Replaced by Gap Founder’s Son Coresight Research November 11, 2019 What's InsideWith comps flagging, Gap Inc. announced President and CEO Art Peck would step down to be replaced by the founder’s son. Comparable sales have been declining, particularly at Gap Global, for the last couple of fiscal years. Gap global comparable sales for the third quarter ending November 2, 2019 were down Banana Republic Global Brands’ comps also fell – but were up in the same period last year Old Navy Global comps slid as well, also following an increase in the same period last year Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: March 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer SentimentResponses to Inflation—Shoppers Are Less Inclined To Cut Back Discretionary Spending: US Consumer Survey InsightsFebruary 2023 Monthly Consumer Update: US, UK and ChinaAugust 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation Resurgence
