Published: January 23, 2007 at 8:58 AMThe Gap is in major trouble. Sales have been down for a while and they are losing ground fast to the the compaction. Ambercrombi and Holster have hit them where it hurts. The teen and pre teen market have a lot of disposable income to spend and they spend it on name brands. The Gap has lost there status with this group and have not tried to reverse this or try to appeal to an older market that grew up wearing Gap stuff. Personally I find them over priced and you can find most of the same stuff at Old Navy for much less. (they are owned by the same company
Published: January 23, 2007 at 12:57 PMThis is what happens when companies (Gap) don't pay attention to what it's potential CEOs (Pressler) have done at their previous employers (Disneyland).
Published: January 23, 2007 at 1:50 PMPersonally, I just wouldn't shop there this Christmas because they refused to acknowledge Christmas in all their ads. The best you could do was "Holiday" and that wasn't even that much. I figured my money was well spent at other places that did acknowledge it.
Published: January 23, 2007 at 2:31 PMNobody shops at the Gap anymore since it's all nerdy clothes!
Published: January 23, 2007 at 5:20 PMI hope Disney hires him back.