Store credit cards deal department stores another revenue squeeze
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Department stores like Macy’s …
Gap Inc
Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch on Friday, March 8 1. U.S. job growth topped expectations — with payrolls increasing by 275,000 vs. expectations of growing 198,000 — but the …
Gap (GPS) earnings Q4 2023
A general view of an Old Navy store. Gap Inc. Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday …
Jeans brand True Religion exploring sale
The hedge fund that owns True Religion is exploring a sale of the Y2K-era jeans brand as it returns to growth and profitability after emerging from its second bankruptcy, CNBC …
Beyond Yoga names Athleta, Gap veteran Nancy Green CEO
Levi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be its next chief executive, as the company looks to scale beyond its modest …
Fed-induced rally is unsustainable, especially for 5 sectors
It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one …
Can chatbot be convicted of illegal wiretap? Old Navy AI may answer
Drew Angerer | Getty Images With generative AI tools like ChatGPT bound to create more powerful personal assistants that can take over the role of customer service agents, the privacy …
‘You barely knew what we were actually selling’
Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. New Gap CEO Richard Dickson has spoken about his experience upon joining the struggling company from toy business Mattel in August. …
Cramer reviews November’s top ten performers on the Russell 1000
CNBC’s Jim Cramer on Thursday went through the top ten performers on the Russell 1000 index during November, explaining why these smaller stocks saw success. “If you think we’re going …
Diversification is crushing investors. Will 2024 be different?
In 2023 true diversification killed you. If you chose to buy stocks across a wide swath of sectors —financials, retailers, drugs, foods, utilities, autos, airlines and oils — and your …