Black Friday looks totally different thanks to the coronavirus. Most big retailers like Walmart and Best Buy are spreading sales across several days. In-store sales will not start on Thanksgiving this year, reversing a trend. Visit Business Insider’s homepage for more stories. Black Friday shoppers can sleep in this year. […]
Retailers have announced thousands of store closures this year as the coronavirus pandemic ravages an industry that was already facing its share of challenges. However, some retailers are still moving forward with plans to grow their store fleet in 2020. Among the retailers expanding their footprint are discount stores, grocery […]
Old Navy is offering employees a full day of pay for serving as poll workers. They will be eligible for compensation regardless of whether they were scheduled to work at Old Navy on Election Day, November 3. Poll worker shortages are a continuing concern across the US. Visit Business Insider’s […]
After 15 years with the company and four years as CEO at Old Navy, Sonia Syngal is preparing to take over at the helm at Gap Inc. and has high hopes to turn around the ailing retailer. Syngal, who took over as CEO on March 13, helped Old Navy become […]
Gap closed 40 stores globally on Sunday as part of a previously announced plan to shutter 230 stores over the course of two years. While the company is closing Gap-branded stores, it also plans to open stores under other banners including Old Navy and Athleta. Visit Business Insider’s homepage for […]
Gap Inc. is halting plans to spin off its Old Navy brand into a standalone company, citing “cost and complexity” as a reason for the reversal. In a statement, interim president and CEO Robert Fisher said the process of spinning off Old Navy shone a “bright light on operational inefficiencies […]
A coalition of gun control advocacy groups led by Guns Down America published a gun safety scorecard for national retailers. The list assigns a number and grade letter to 29 businesses including Walmart, Trader Joe’s, McDonald’s, and Chick-fil-A. Walmart, Kroger, and Old Navy were the only retailers to receive an […]
Old Navy was frequently referred to as Gap Inc.’s saving grace in 2018 as the embattled retail company continued to report weak sales at its namesake brand. In February, Gap Inc. announced that it would be splitting the company in two and that Old Navy would be going out on […]
The billionaire family who founded Gap has lost $US1 billion in 2019 as the retailer’s stock is in free fall, Forbes’ Lauren Debter reported. The latest stock drop occurred after slumping sales led CEO Art Peck to resign from his position and his seat on the company’s board on November […]
Gap, the largest specialty retail company in the US, was once one of America’s most beloved apparel retailers, known for its laid-back basics and classic denim. The company is now struggling to stay afloat amid a consistent sales decline and recent executive transitions, including the sudden departure of CEO Art […]
Alibaba just wrapped up its massive, 24-hour shopping event Singles Day on Monday, earning more than $US38.3 billion in total and soaring past comparable US shopping events like Amazon Prime Day, Black Friday, and Cyber Monday. Other companies are launching deals that appear to be capitalising on China’s biggest shopping […]
Old Navy employees at the company’s headquarters in San Francisco are greeted daily with a LED chyron ticker of customer feedback, according to a Fortune report. Positive statements are featured in blue, while negative comments are featured in red. The screen was part of an effort to gauge consumer sentiment […]
Though cargo shorts remain a national point of sartorial contention, Old NavyCEO Sonia Syngal “makes no apologies” for continuing to sell them, she said in an interview with Fortune. Syngal said the decision to continue selling the much-derided garment is a direct response to data that shows men want them, […]
Old Navy is planning to nearly double its store locations, from 1,140 to about 2,000, as part of its forthcoming spinoff from parent company Gap Inc. The aggressive growth comes on the heels of Gap’s namesake brand announcing plans to close 230 stores over the next two years. Visit Business […]
Millennials are an important demographic for brands to win over. Their shopping habits can sometimes make or break an industry. The marketing agency Moosylvania has compiled its annual “Millennials’ Top 100 Brands” list for 2019 after surveying 1,000 millennial consumers. From Netflix to Adidas, here are the brands that made […]
Employees of colour at an Old Navy store in Philadelphia allege that they were replaced with an all-white crew and asked to stay away from filming of the most recent season of Netflix’s“Queer Eye,” according to a report from Philadelphia magazine. “I felt the racism the moment I was being […]
Many of the clothing and accessories at Banana Republic, Old Navy, and Gap have been longtime favourites for shoppers. We spoke with shoppers and former employees to find out which items are the best and worst at each store. Here are 27 products to buy and 14 to consider skipping […]
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