GAP

GAP

Specialty apparel and lifestyle products retailer

About GAP

Simplify's Rating
Why GAP is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1969

Overview

Gap Inc. is the largest specialty apparel company in America, offering a variety of clothing, accessories, and lifestyle products through its well-known brands: Old Navy, Gap, Banana Republic, and Athleta. These brands cater to men, women, and children, providing a wide range of fashion options. Products are sold globally through company-operated stores, franchise locations, and online platforms. What sets Gap Inc. apart from its competitors is its commitment to creating products and experiences that not only resonate with cultural trends but also prioritize the well-being of employees, communities, and the environment. The company's goal is to shape culture positively while achieving significant sales, as evidenced by their fiscal year 2023 net sales of $14.9 billion.

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Simplify's Take

What believers are saying

  • 61% jump in online sales offsets in-store sales decline.
  • Partnership with Afterpay could boost holiday sales through flexible payment options.
  • Banana Republic's $20M clothing donation enhances brand image and customer loyalty.

What critics are saying

  • Legal battle with Simon Property Group over unpaid rent could harm Gap's reputation.
  • Shift away from mall locations may reduce foot traffic and brand visibility.
  • Collaboration with PopSugar may face backlash if not executed sensitively.

What makes GAP unique

  • Gap's digital-first strategy mirrors successful models like Nike's.
  • Partnership with Afterpay offers flexible payment options, appealing to younger consumers.
  • Launch of gender-inclusive clothing line taps into demand for inclusive fashion.

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Benefits

Professional Development Budget

Company News

VNN Sports
Dec 1st, 2020
5 best face masks for high school athletes

With winter sports kicking off across the country this month, thousands of high school athletes are getting back into the gym – and adapting to wearing their masks for indoor practices, workouts and games.

PYMNTS
Nov 25th, 2020
Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales

Gap Inc. said Tuesday (Nov. 24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. 31 — offsetting a 20 percent fall in in-store sales due to the ongoing pandemic. The retail giant also said that its Athleta chain’s sales rocketed even as revenues plunged at Banana Republic Global.

PYMNTS
Nov 11th, 2020
Retailer Gap Partners With BNPL Platform Afterpay To Boost Holiday Shopping

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up.

PYMNTS
Oct 23rd, 2020
The Gap Sets Out Digital-First Strategy

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations.

Fast Company
Aug 13th, 2020
Editor’s Pick: I recommend this face mask to everyone

The Vistaprint face mask is comfortable, washable, and has perfectly fitted filters that you can stock up on.

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GAP is Hiring for 474 Jobs on Simplify!

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Director – Product Management - Finance & Procurement

San Francisco, CA, USA

Retail Stock Associate - Early Morning

Grand Rapids, MI, USA

See All Jobs

GAP is Hiring for 474 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update GAP's jobs every few hours, so check again soon! Browse all jobs →