World News (12)
USA (335)
California (187)
Bay Area (11)
San Francisco (340)
Gap (64)
2002
Business (14)
Gap, January 2002
Gap, February 2002
Gap, March 2002
Gap, April 2002
Gap, May 2002
Gap, June 2002
Gap, July 2002
Gap, August 2002
Gap, September 2002
Gap, October 2002
Gap, November 2002
Gap, December 2002
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| Feb.7 |
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Possible credit downgrade Standard & Poor's may lower credit rating because of the retailer's steadily eroding sales and profit margins
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| May.17 |
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Gap beats recently raised expectations Sales sagged in the first quarter and profit was down 68% from a year ago
| May.21 |
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CEO announces retirement plans Millard 'Mickey Drexler to retire in a decision that raised new questions about the company's troubles | |
| May.22 |
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Gap Inc. shares tumble Shares fell nearly 14% on news the Millard Drexler plans to retire as CEO
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| Aug.8 |
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Gap promotes Banana Republic exec Gap Inc. has promoted Gary Muto, 43, the president of its Banana Republic division, to president of Gap U.S.
| Aug.15 |
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37% drop in quarter profit Clothing retailer warned its third quarter got off to a rocky start
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| Sep.9 |
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Gap CEO exercises 14.5 m stock options Millard Drexler's move likely to leave investors guessing about his motives
| Sep.12 |
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Gap discloses offer for 2.3% of its stock Canadian investment firm has launched an unsolicited bid to buy a stake in the company for $240 million
| Sep.26 |
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Gap picks Disney exec as new CEO Gap has picked Paul Pressler as its new president and CEO, replacing Millard 'Mickey' Drexler | |
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| Oct.3 |
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Jobs resigns from Gap's board Apple co-founder had been a Gap director since 1999 | |
| Oct.10 |
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Port shutdown will sap quarter profit Shutdown will put a wrinkle in Gap's turnaround efforts by shaving as much as $60 million from its holiday season profits
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| Nov.7 |
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Higher sales ending 29-month slump Sales far exceeded expectations. Same-store sales climbed 11% in October
| Nov.12 |
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Gap sees positive numbers 3,158 stores have been restocked with more basic clothing designed to appeal to mainstream tastes | |
| Nov.14 |
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Earnings beat raised expectations Company earned $135.3 million, or 15 cents per share, for the 3 months, to reverse a loss of $178.8 million | |
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