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The Latest Breaking News from Gap

Gap discloses massive job cuts in East Bay and San Francisco

PLEASANTON, California — Gap has revealed the details of massive layoffs affecting hundreds of workers in the Bay Area, along with employees in the Central Valley, official state government filings show.

Tribune News Service

Aerosmith's Gap ad may be the greatest single appearance by a band in the entire history of advertising

Aerosmith's Steven Tyler and Joe Perry appeared in a Gap advert in 1999: Tyler's daughters and grandchildren later followed in his footsteps

Louder

New Mango store opens at The Mall Cribbs Causeway

Exciting news for shoppers

Bristol Post

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This Shocking Fact May Explain Gap and Old Navy's Struggles

Without this key change, Gap continues to struggle to compete against fast fashion brands like Uniqlo and H&M.

The Street

Fashion retailer Gap to cut 1,800 jobs in attempt to 'reshape company for the future'

Gap revealed the redundancies are expected to create an annual saving of around $300 million with the company "taking necessary actions" to "reshape" the retailer "for the future"

Daily Mirror

Why Nike, Gap, and Skechers Are Turning to 80s Nostalgia

Retailers are leaning on Mr. T, Barbie, and Air Jordans for a real bump in sales and profits.

The Street

A’s Owner Must Be on a Mission to Alienate Everyone in Oakland

Losses, more losses and … an opossum? John Fisher seems to be testing just how low he and his team can go before leaving for Las Vegas.

Sports Illustrated

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Cleaning Out Your Closet? These Are The Non-Luxury Brands Reselling For Most

A new ThredUp report identified the fashion brands that bring in the most on the secondhand market.

The Street

We've found the best affordable jeans for women for every size, height and taste

The best affordable jeans are easier to find than you might think, and all of these staple pairs are under $50

Woman & Home

High Street shop name meanings after Asda's baffles shoppers - from Adidas to Ikea

A recent discussion on Twitter led by broadcaster Alastair Stewart showed that most people have no idea what the name ASDA really stands for

Daily Mirror

Euthanasia fears over Tasracing revamp of Tasmania's greyhound adoption program guidelines

A program to find homes for greyhounds after their racing career is not able to rehome them fast enough — and a leaked document reveals Tasmanian authorities are warning "difficult end-of-life decisions will need to be made".

ABC News

Gap Executive Departures Spell Bad News for Investors and Shoppers

Whoever is in charge, apparel retailer Gap continues to struggle to sell merchandise that consumers want without big discounts.

The Street

Dow Jones Slides On Strong Jobs Report; Silicon Valley Bank Crashes 66% On Bank Run Fears

The Dow Jones dropped Friday on a strong jobs report. Silicon Valley Bank crashed 66% on growing fears of a bank run.

Investors Business Daily

Stocks Extend Slide, Jobs Report On Deck, SVB Collapse, Oracle Mixed, Mind The Gap - Five Things To Know

Stocks extend slide amid bank sector slump; Jobs Report: Workin' for a livin'; SVB needs capital ASAP; Oracle sees more profits and Mind the Gap (Shares).

The Street

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The Independent UK

Sharon Stone recalls ‘awful’ first Oscars where ‘no one’ would dress her

The ‘Basic Instinct’ star dressed herself for her first time at the awards ceremony

Manchester Evening News

A HUGE homeware store has opened in the Trafford Centre to rival H&M and TK Maxx's Homesense

As TK Maxx store Homesense closes down in the Arndale, the Trafford Centre has opened a brand new homeware shop, and it's huge

Woman & Home

Best jeans for women over 60 - and there's no need to compromise on style

Looking for the best jeans for women over 60? These 9 styles are great for every occasion

Evening Standard

Best roll neck jumpers for men for versatile layering

Roll up, roll up

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Fortune

Microsoft's demo of Bing AI also made factual errors

Tech leaders are increasingly warning that A.I. programs like ChatGPT and Google's Bard can give convincing, yet entirely incorrect, answers.

Fortune

Why retail giants are experiencing chaos at the top

Today's retail CEO needs to be a grandmaster, and they're in short supply.

Fortune

Too few retail execs have the chops to be CEO anymore

Retail boards are struggling with fewer prospects to fill the corner office.

Tribune News Service

Commentary: Pineapple belts and banana wallets: This ain’t your father’s leather

I was shopping at Target last week. I needed a belt. Nothing fancy, just a nice, simple belt I could wear with a pair of jeans. When I got to the menswear department, I thought, “Eh, all they have is leather.” But no, the labels said otherwise. Faux leather has…

Los Angeles Times

Michael Hiltzik: The right wing pitched an absurd tantrum over M&M's. It worked

If you're pondering what will be the stupidest right-wing freakout of 2023, you can probably stop now.

Nottingham Post

Nike store at East Midlands Designer Outlet to double in size as part of 'modernisation'

The sportswear giant is moving from its current location by the car park entrance into the space formerly occupied by Gap at the shopping centre in South Normanton, across the Derbyshire border.

The Independent UK

Harry: I shopped in TK Maxx despite official clothing allowance from the King

Harry said that he was ‘particularly fond’ of the discount store’s annual sale, where he could buy designer items at cheaper prices.

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