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: Holiday 2025 Survey Insights: Shopping Activity Builds Amid Black Friday Weekend2026 Sector Outlook: US Grocery Retailing—Volume Growth To Remain Constrained amid Cautious Consumer SpendingHigh-Income Consumers’ Sentiment Soars Ahead; Plus, Home and Home-Improvement Shopping in Focus: US Consumer Survey InsightsFinancial Sentiment Improves; Plus, Online Shopping in Focus: US Consumer Survey Insights
