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Art Peck

Latest News & Analysis
Retail

Gap Inc. Cancels Summer and Fall Orders As Covid-19 Bites

The US retailing giant asked suppliers to stop shipping orders and halt production for the fall season, taking drastic measures to mitigate fallout from a widespread retail lockdown.

Retail

Gap Inc. Cancels Summer and Fall Orders As Covid-19 Bites

The US retailing giant asked suppliers to stop shipping orders and halt production for the fall season, taking drastic measures to mitigate fallout from a widespread retail lockdown.


Workplace & Talent

Gap Inc. Chief Executive Art Peck Exits

Robert J. Fisher, Gap Inc.'s non-executive chairman of the board, will replace Peck as interim CEO and president.

Workplace & Talent

Gap Inc. Chief Executive Art Peck Exits

Robert J. Fisher, Gap Inc.'s non-executive chairman of the board, will replace Peck as interim CEO and president.


Retail

Gap and Old Navy Are Breaking Up

Gap Inc will spin out Old Navy, the company said Thursday, in an effort to bolster both the growing Old Navy and fading Gap brands.

Retail

Gap and Old Navy Are Breaking Up

Gap Inc will spin out Old Navy, the company said Thursday, in an effort to bolster both the growing Old Navy and fading Gap brands.


Retail

Gap CEO Is 'Drawing Line in Sand' With Shift to Old Navy

The idea is to focus on the areas with the most potential for fuelling growth — rather than having unrealistic expectations for the older divisions.

Retail

Gap CEO Is 'Drawing Line in Sand' With Shift to Old Navy

The idea is to focus on the areas with the most potential for fuelling growth — rather than having unrealistic expectations for the older divisions.


News & Analysis

Trump to Meet with Retail CEOs on Border Adjusted Tax

The meeting will include CEOS from Target, Gap and J.C. Penney, according to those familiar with attendees.

News & Analysis

Trump to Meet with Retail CEOs on Border Adjusted Tax

The meeting will include CEOS from Target, Gap and J.C. Penney, according to those familiar with attendees.


Financial Markets

Gap Narrowly Tops Earnings Estimates Amid ‘Signs of Progress’

Gap Inc. posted second-quarter earnings that narrowly topped analysts’ estimates, giving hope that the largest apparel-focused U.S. retailer can mount a comeback.

Financial Markets

Gap Narrowly Tops Earnings Estimates Amid ‘Signs of Progress’

Gap Inc. posted second-quarter earnings that narrowly topped analysts’ estimates, giving hope that the largest apparel-focused U.S. retailer can mount a comeback.


Retail

Gap Says Key Sales Measure Slides 6 Percent in May

Gap says sales at established stores fell 6 percent in May. That was better than the 7 percent decline forecast by Thomson Reuters.

Retail

Gap Says Key Sales Measure Slides 6 Percent in May

Gap says sales at established stores fell 6 percent in May. That was better than the 7 percent decline forecast by Thomson Reuters.


Retail

Gap CEO Says He Would Consider Using Amazon to Reach Customers

Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.

Retail

Gap CEO Says He Would Consider Using Amazon to Reach Customers

Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.


Financial Markets

Gap Plummets After Comeback Plan Fails to Revive Sales Growth

Gap Inc. shares plunged as much as 15 percent in late trading after the apparel chain posted disappointing results, a sign the company’s comeback hasn’t materialised.

Financial Markets

Gap Plummets After Comeback Plan Fails to Revive Sales Growth

Gap Inc. shares plunged as much as 15 percent in late trading after the apparel chain posted disappointing results, a sign the company’s comeback hasn’t materialised.


Financial Markets

Gap Reports 2 Percent Drop in Revenue Measure for February

Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.

Financial Markets

Gap Reports 2 Percent Drop in Revenue Measure for February

Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.