Flash ReportWith Comp Sales Declining, Gap Inc. CEO Steps Down, To Be Replaced by Gap Founder’s Son Coresight Research November 11, 2019 Reasons to ReadWith 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Confidence Improves: Weekly US Consumer Sentiment, Week 25, 2025—Infographic2026 Sector Outlook: US Beauty Retailing—Fragrance, GLP-1 and Science-Led Innovation To Drive ExpansionWeekly UK Store Openings and Closures Tracker 2025, Week 48: M&S To Open Up to 500 New Food StoresNew Technologies to Drive Retailer-Supplier Collaboration: Insights Presented at NACDS Annual Meeting 2025
