Gap Inc.

Gas Prices, Cars Push US Retail Sales Up 0.9%

U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending.

Why Gap Will Never Be Great Again

Gap investors may feel pretty stoked right now. Shares of the company behind Old Navy, Banana Republic, and its namesake apparel chain have been on fire this year. But look closer and you'll see why this former fashion darling is still fading.

Skip the $100 Yoga Pants, Buy Lululemon Stock

The upscale retailer of fashionable fitness apparel came through with another monster quarter this morning. Net revenue soared 39% to $212.3 million, backed by strong consumer-direct sales, brisk expansion, and a stunning 20% spike in comparable-store sales. Earnings grew even faster, climbing 76% to $38.4 million.

What Was Wall Street Thinking Last Week?

Some Street-related dispatches from last week's entry in the Human Comedy: Kim Kardashian filed a silly sounding but well-grounded lawsuit against Old Navy's use of a lookalike; gaming magnate Steve Wynn went all FOXNews on a conference call; and Barnes and Noble surged, nonsensically, on Borders' liquidation.

Gap Test Drives Apple's iPhone Point-of-Sale System

I'm a big admirer of the sleek point-of-sale system that allows Apple Store employees to run credit card transactions on iPhones or iPod Touch devices. Now, Apple is going to offer its POS system to other retailers, a move that could create a multifaceted win for Apple's enterprise business.

Retailers Cut Corners to Avoid Apparel Price Hikes

Expect your T-shirts to get a little bit thinner next year -- and maybe even a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The trick: Doing it without compromising on quality.

Retailers Prepare for an Uninspiring 2011

As retailers wrapped up their third-quarter earnings reports this week, most merchants said they're back in cost-control mode and will tighten inventories after the holidays. With shoppers still spending cautiously and costs on the rise, profit growth will have to come from squeezing more juice out of slowly rising sales.

Gap's Fiscal 3Q Profit Falls 1.3% on Declining Old Navy Sales

Gap's (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer's Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earnings forecasts.

Gap Scraps New Logo After Just One Week

Gap (GPS) is reinstating its familiar blue box logo, just one week after unveiling a new logo to great fanfare. The new logo showed the word "Gap" on a white background with a small blue box jutting out of it. Customers and market players reacted with almost universal contempt.

How The Gap Made Its Logo Redesign Blunder Even Worse

The Gap earned nearly universal scorn this week when it unveiled its new logo. But the clothing retailer's response -- a crowd-sourcing request aimed at getting the public to design a better logo for free -- is only fueling the backlash against the company.

Healthier Retail Sales, but Will It Last?

Many retailers have raised guidance for their upcoming first-quarter earnings reports and saw modest gains in April sales. But stores warn that May could be a weak month due to a late Memorial Day this year. And concerns remain over the health of consumer demand.

Gap's Profit Jumps 45% on Higher Margins

Gap posted fourth-quarter profit that jumped nearly 45%, topping analyst expectations, as the parent of Banana Republic and Old Navy enjoyed higher merchandise margins than in the year-ago quarter. Next up: The retailer wants to increase market share and sales growth in 2010.

Earnings Preview: Gap and Limited Brands

Wall Street is hoping profits are back in style when two specialty retailing biggies -- Victoria's Secret parent Limited Brands and Gap Inc. -- report fourth-quarter results. Both are forecast to post improved earnings after a year of maneuvering to boost profit margins despite lower sales.