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🠈  Gap, Inc.  🠊

The Gap

Gap, Inc. is a San Francisco based clothing chain with over 3500 stores world wide. The primary brands in the company's family are : Banana Republic, Old Navy Gap, Athleta, Hill City and Intermix. The company trades on the NYSE with the symbol: GPS.

The company was founded in 1969 by Don Fisher who was a real estate developer and friend of Walter Haas Jr. who was the president of Levi Strauss & Co.. The company expanded as a mall store during the aggressive roll out of malls in the 1970s.

The Company Man video about the store says the name "The Gap" referred to the generation gap between the Baby Boomers and the people who won WWII.

Corporate History

Since Gap rents space in malls, they have not engaged in many complex mergers and acquisitions as is common with brick and mortar stores. They have created several new brands. Their actual growth is largely organic. The most interesting corporate event was their 2019 spin off of Old Navy ... which wasn't complete at the time of this review.

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References:

  1. Wikipedia - Gap Inc (Drawn 9/4/2019)

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