Gap Inc. Chief Executive Officer Glenn Murphy has spent three years cutting costs and boosting profits. During that time the stock has barely budged.
Gap Inc. Chief Executive Officer Glenn Murphy named Art Peck president of Gap North America and moved the namesake brand’s creative base to New York from San Francisco in a bid to boost sales.
Gap Inc. , the San Francisco-based operator of more than 3,000 clothing stores, expects most of its sales growth to come from outside North America and online, Chief Executive Officer Glenn Murphy said today.
Gap Inc. reported quarterly profit that topped analysts’ estimates, as sales of low-priced clothing and athletic gear buoyed the results of the biggest apparel- focused retailer in the U.S.
"The consumer is feeling slightly better, which we think is good for the overall industry."
- Glenn Murphy on Aug 26, 2014