Gap is a global apparel retailer based in San Francisco, employing 85,000 people and offering clothing, accessories, and personal care products through brands like Old Navy, Gap, and Banana Republic. The company utilizes an omni-channel approach, enabling sales both online and in-store with services like buy online pick-up in store.
GAP has been in the news recently: Gap's Q2 revenue was $3.73 billion, falling short of expectations, which contributed to a 7% drop in its share prices. In contrast, sales for Banana Republic exceeded forecasts during this period.
📡️ Consumer Discretionary
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