L Brands Inc. and Costco Wholesale Corp. posted November same-store sales that trailed analysts’ projections as retailers poured on steep discounts to entice wary shoppers.
Gap Inc., the biggest U.S. specialty-apparel retailer, posted third-quarter profit that exceeded analysts’ estimates as mall retailers deepened discounts to woo shoppers before the holiday season.
Gap Inc., the biggest U.S. specialty-apparel retailer, maintained an annual profit forecast range signaling that the crucial holiday-shopping quarter may fall short of analysts’ estimates.
U.S. retailers are discounting earlier than ever as they brace for the weakest holiday shopping season since 2009.
Vornado Realty Trust, the owner of 100 million square feet of U.S. real estate, put a shopping mall near Beverly Hills, California, on the market as part of a plan to sell assets from its portfolio.
Gap Inc., the biggest U.S. specialty- apparel retailer, climbed the most in 15 months after saying it anticipates quarterly profit that surpassed analysts’ estimates, helped by gains in sales.
Tom Wyatt, president of Gap Inc.’s Old Navy chain, says the best part of shopping at his stores comes when it’s time to leave.
When Jerry Otto started hunting for Alaskan oil in 1980, his tractor-trailers barreled along ice roads as much as 10 feet thick for 180 days every year.
Gap Inc. hired Stefan Larsson, the former head of global sales at Hennes & Mauritz AB, to lead Old Navy as the largest U.S. apparel chain prepares to take the division overseas in July.
Gap Inc., the largest U.S. apparel chain, forecast profit this year that was less than some analysts estimated as sales decline at its Old Navy stores.