Old Navy and Gap are splitting into two companies. We visited both stores, and realized why one company is dominating the other. (GPS)

Gap Inc. on Thursday announced it was splitting Old Navy off into its own publicly traded company. The Gap brand has recently struggled to keep up with Old Navy, which has become the most successful of the Gap Inc. brands. In late 2018 we shopped at both Old Navy and Gap. We discovered why Old …

Old Navy and Gap are splitting into two companies. We visited both stores, and realized why one company is dominating the other. (GPS) weiterlesen

Nordstrom spikes on strong guidance (JWN)

Nordstrom reported mixed quarterly results. The retailer said digital sales jumped 16% during the fiscal year. Nordstrom gave full-year earnings guidance that topped Wall Street estimates. Watch Nordstrom trade live. Nordstrom shares were up 7.5% late Thursday after the company reported full-year earnings guidance that topped Wall Street estimates.  For the fourth quarter, the retailer …

Nordstrom spikes on strong guidance (JWN) weiterlesen

Nordstrom spikes on strong guidance (JWN)

Nordstrom reported mixed quarterly results. The retailer said digital sales jumped 16% during the fiscal year. Nordstrom gave full-year earnings guidance that topped Wall Street estimates. Watch Nordstrom trade live. Nordstrom shares were up 7.5% late Thursday after the company reported full-year earnings guidance that topped Wall Street estimates.  For the fourth quarter, the retailer …

Nordstrom spikes on strong guidance (JWN) weiterlesen

Gap is going bananas after announcing it's spinning off Old Navy (GPS)

Gap announced Thursday evening that it was spinning off Old Navy.  Shares of Gap spiked 19% on the news. The retailer announced mixed quarterly results.  Watch Gap trade live. Gap shares surged late Thursday, gaining more than 19%, after the retailer announced it was spinning off its Old Navy unit.  "Following a comprehensive review by …

Gap is going bananas after announcing it's spinning off Old Navy (GPS) weiterlesen

Gap is going bananas after announcing it's spinning off Old Navy (GPS)

Gap announced Thursday evening that it was spinning off Old Navy.  Shares of Gap spiked 19% on the news. The retailer announced mixed quarterly results.  Watch Gap trade live. Gap shares surged late Thursday, gaining more than 19%, after the retailer announced it was spinning off its Old Navy unit.  "Following a comprehensive review by …

Gap is going bananas after announcing it's spinning off Old Navy (GPS) weiterlesen