Full-Time
Director Capital Estimating
Real Estate
Updated on 8/1/2026
GAP
10,001+ employees
Global apparel retailer with DTC brands
No salary listed
San Francisco, CA, USA
In Person
 Real Estate (1) |
|---|
Get referred to GAP
See people who can refer or advise you
- The candidate must have 12 or more years of experience in capital estimating, cost engineering, or construction management; experience in a multi-brand retail environment is strongly preferred.
- The candidate must have a demonstrated track record managing a capital portfolio of at least $150 million with measurable accuracy and Estimated Final Cost outcomes.
- The candidate must have experience connecting project budgets to deal internal rate of return and investment return analysis.
- The candidate must have a background in root cause analysis on capital variances and translating findings into systemic process improvements.
- The candidate must be proficient in estimating software such as Sage Estimating, WinEst, or DESTINI, or an equivalent platform, and cost databases such as RSMeans or Gordian, or equivalent databases.
- The candidate must have advanced Excel and Power BI skills.
- The candidate must be familiar with artificial intelligence and machine learning concepts and demonstrate interest in applying emerging technologies to cost estimation and capital management.
- The candidate must have working knowledge of retail construction delivery methods, including design-bid-build, construction manager at-risk, and negotiated guaranteed maximum price.
- The candidate must translate cost data into clear, executive-ready narratives that drive decisions and present confidently and credibly to senior and executive leadership.
- The candidate must be experienced in directing outsourced professional services firms, setting expectations, holding partners accountable, and maintaining quality across a distributed network.
- The candidate must be effective without direct reports by influencing through expertise, analytical rigor, and cross-functional relationships.
- Deliver milestone-appropriate estimates from conceptual design through guaranteed maximum price across four brands and six store formats, with a clear scope basis, assumptions, and confidence levels.
- Maintain format-specific cost templates and benchmarks for rapid and consistent budget development at each Real Estate approval stage.
- Partner with the Real Estate Finance team to quantify the internal rate of return impact of capital cost assumptions and risk.
- Own the monthly Estimated Final Cost process by translating job cost data, change orders, and vendor actuals into a reliable portfolio-level forecast for Finance and senior leadership.
- Provide scenario modeling and sensitivity analysis to flag overrun risk and support proactive capital reallocation.
- Track commitments, actuals, and projected spend across the more than $250 million portfolio; enforce change order and contingency protocols; and produce monthly performance reports with clear variance explanations.
- Set and maintain annual cost-per-square-foot targets by brand, format, and project type, and publish updates as market conditions change.
- Lead value engineering early in design by identifying cost alternatives while scope decisions can still be meaningfully influenced.
- Benchmark company costs against industry indices and retail peers and deliver quarterly market intelligence to inform capital-planning assumptions and investment strategy.
- Conduct formal root cause analysis on projects with final cost variance greater than 5% versus the approved budget, categorize root causes, present findings to senior leadership, and ensure lessons inform future estimates.
- Ensure cost overruns are escalated consistently and on time through the appropriate approval chain; evaluate general contractor bids that exceed budget, identify project-level cost levers to offset overages, and recommend whether leadership should approve them.
- Lead development and adoption of artificial intelligence and machine learning tools that generate parametric estimates from historical project data with defined confidence intervals.
- Build an estimating interface that enables project managers to enter site- and deal-specific parameters to generate a recommended starting budget, reducing manual effort and improving early-stage consistency across the portfolio.
- Direct multiple outsourced estimating firms by allocating project workloads, setting quality standards and turnaround expectations, and maintaining performance accountability across all brands and formats.
- Experience in a multi-brand retail environment is strongly preferred.
Gap Inc. is a global apparel retailer that designs, manufactures, and sells clothing and accessories through its family of brands, including Gap, Banana Republic, Old Navy, and Athleta. It serves customers worldwide via a network of physical stores and online platforms, operating mainly on a direct-to-consumer model. Products are sold across casual wear, activewear, and professional attire, with a focus on sustainability and ethical practices across the supply chain. What sets Gap Inc. apart from competitors is its mission-driven approach emphasizing environmental sustainability, diversity, and inclusion, combined with a diverse brand portfolio and omnichannel presence that coordinates in-store and online shopping experiences. The company aims to meet evolving market needs while upholding its values, growing its brands, and expanding its responsible, ethical business practices for employees, customers, and communities.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1969
Get referred to GAP
See people who can refer or advise you
Simplify's Take
What believers are saying
- Old Navy provides scale and cash generation from value-oriented family apparel.
- Athleta offers long-term growth if the turnaround improves product and brand positioning.
- The $2.2 billion credit facility extends liquidity runway through July 2031.
What critics are saying
- Athleta's 12% sales decline shows the turnaround remains incomplete and revenue is still eroding.
- Removing sustainability-linked pricing reduces ESG financing incentives and weakens accountability.
- Inventory-backed borrowing creates tighter liquidity risk if sales weaken or markdowns rise.
What makes GAP unique
- Gap owns four major banners across value, casual, premium, and activewear.
- Its omnichannel model spans thousands of stores and e-commerce platforms globally.
- Gap emphasizes sustainability, inclusivity, and ethical practices across its brand portfolio.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↑ 5%INVESTOR ALERT: Pomerantz law Firm investigates claims on behalf of investors of The Gap Inc. - GAP. NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) - Pomerantz LLP is investigating claims on behalf of investors of The Gap Inc. ("Gap" or the "Company") (NYSE: GAP). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Gap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On May 28, 2026, Gap reported its financial results for the first quarter of 2026, including revenue of $3.5 billion, which represented an increase of only 1% year-over-year and fell short of analyst expectations. The results fell short across key segments, including Old Navy and Athleta, and prompted management to cut 2026 full-year net sales guidance. On this news, Gap's stock price fell $3.85 per share, or 15.4%, to close at $21.15 per share on May 29, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Africa SMB Journal do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Gap Inc. appoints former Target exec as chief customer officer, Old Navy. May 6, 2026 Gap Inc. hired Michael Francis, formerly at Target and Penney, as chief customer officer, Old Navy, and head of marketing shared services, Gap Inc. Francis is best known for his 26 years, rising through the ranks to serve as EVP and chief marketing officer. He left Target in 2011 to briefly serve as president of JCPenney and has also served as chief global brand officer at DreamWorks Animation, consultant and interim chief marketing officer at Walmart, operating partner at RedBird Capital Partners, and founder and CEO of Farview Associates, LLC, a global brand agency. In his new role, Francis will lead Old Navy's end-to-end customer strategy, with responsibility for strengthening brand storytelling, deepening customer engagement, and evolving the customer experience across touchpoints. As head of marketing shared services, Francis will also oversee media strategy and execution for Gap Inc. and help drive greater integration and effectiveness across the company's portfolio of brands. Francis, who recently served as an advisor to Old Navy, will report to Haio Barbeito, president and CEO of Old Navy. He will work closely with leaders across Old Navy and Gap Inc. to align brand, marketing and customer experience strategies in support of the company's next phase of growth. "Old Navy is a beloved brand with real momentum, and Michael knows how to translate customer insight into relevance, resonance and growth," said Barbeito. "He brings a rare combination of strategic vision, creative instinct and commercial rigor. As we continue to evolve the brand, Michael will help sharpen how we show up for customers and strengthen every connection they have with Old Navy." "Michael is one of the most respected brand builders in retail," said Richard Dickson, president and CEO of Gap Inc. "With deep experience spanning retail, brand, and entertainment, he has a proven ability to connect creativity, culture, and commerce in ways that energize the business, attract customers, and build stronger brands with lasting loyalty. His leadership will be instrumental in strengthening Old Navy, advancing more integrated marketing capabilities across Gap Inc., and bringing to life a compelling vision rooted in meaningful storytelling." "I'm honored to join Old Navy at such an exciting moment for the brand," said Francis. "Old Navy has a powerful connection with customers and enormous opportunity ahead. I'm excited to partner with Haio and the team to build on that momentum, elevate the customer experience, and tell stories that are distinctive, modern and unmistakably Old Navy." Images courtesy Gap Inc.
Gap Inc. unveils Encore, a next-gen loyalty program blending fashion, entertainment, and exclusive access. Gap Inc. is reimagining customer loyalty with the launch of Encore, a new membership program designed to blend fashion, entertainment, and cultural experiences into a single platform. Announced February 24, the initiative marks a major evolution for one of the largest loyalty ecosystems in U.S. apparel retail, which already includes nearly 40 million active members. Encore connects shoppers across Gap Inc.'s portfolio - Old Navy, Gap, Banana Republic, and Athleta - while expanding beyond traditional rewards programs. Instead of focusing solely on points and discounts, Encore introduces exclusive access to fashion drops, entertainment partnerships, and curated cultural experiences. "Fashion is entertainment, and today's customers aren't just buying apparel, they're buying into brands that shape culture," said CEO Richard Dickson in a press release. That philosophy is at the core of Encore, which aims to deepen engagement by offering members opportunities tied to storytelling, design, and live experiences. Through partnerships with major entertainment players like Disney, NBCUniversal, and AMC Theatres, members will gain access to experiences that bridge fashion and entertainment. These include early product releases, exclusive collaborations, and behind-the-scenes content that connects consumers more directly to the creative process. The program introduces three membership tiers - Core, Premier, and All-Access - each offering increasing levels of benefits. While traditional perks like points, discounts, and birthday bonuses remain, Encore adds new features such as earlier access to collections, extended return windows, and curated digital content. A standout feature is the Encore Market, a members-only hub offering limited-edition items, unique experiences, and even charitable donation options. Gap Inc. is also raising the stakes with the Encore credit card, developed in partnership with Barclays US Consumer Bank and Mastercard. The card rewards customers not only for purchases within Gap Inc.'s brands but also for apparel spending across the broader retail market - offering five times points on in-brand purchases and three times points elsewhere. Encore is now live across the United States, with customers able to enroll online or in-store. Existing loyalty members have been automatically transitioned into the new system, carrying their points forward as the company ushers in a new era of customer engagement.
Gap has partnered with Inspectorio to deploy AI-powered supply chain oversight across all its brands, including Old Navy, Banana Republic and Athleta. The technology will enable end-to-end product traceability through automated task execution and centralised data collection. Inspectorio CEO Chirag Patel said the partnership sets "a new global standard for how leading retailers use AI to streamline supply chain performance". The platform will help Gap make faster decisions across its global supplier network. The move forms part of Gap's broader digital transformation. Earlier this month, the retailer introduced AI tools from Bold Metrics for personalised fit recommendations and Google's Universal Commerce Protocol for agent-based e-commerce. Gap entered a multi-year agreement with Google Cloud in October last year to advance its AI-driven retail strategy.
Gap eyes China expansion: plans 50 new stores, Hong Kong comeback and australia re-entry. * March 27, 2026 Reading Time: 2 minutes Press play to listen to this content Gap, the prominent American clothing retailer, is said to be significantly expanding its footprint in Greater China. The company's plans include opening 50 fresh storefronts throughout mainland China during the current year, as well as reestablishing its presence in Hong Kong. This expansion initiative follows in the wake of Gap's first-ever quarterly break-even performance in China. This success has been credited to Baozun, the local operator who assumed control of the business in 2022. Under Baozun's leadership, the company completed a comprehensive overhaul of its supply chains, merchandising, and digital channels. The forthcoming new stores are not confined to the established business hubs of Shanghai and Beijing. Indeed, locations span from tier-one cities to tier-three cities, broadening the brand's geographical reach. Baozun has set a target of approximately 30% annual growth over the coming two years. The strategy for achieving this ambitious goal blends physical retail development with a fortified online presence. Vincent Qiu, the chairman and CEO of Baozun, has publically expressed the brand's readiness to "accelerate the business and scale it to a bigger size" within the next three-year period. In addition to its expansion in Greater China, Gap is also gearing up to make a return to the Australian market. The company will do so through a collaborative partnership with Myer. Despite forming part of its wider international strategy, this Australian venture remains secondary to Gap's primary focus on Greater China. Questions & answers. What plans does Gap have for expansion in Greater China? Gap plans to open 50 new stores across mainland China this year and re-enter the Hong Kong market. What is Baozun's growth target for the next two years? Baozun aims to achieve around 30% annual growth over the next two years by combining physical retail expansion with a stronger online presence. Is Gap planning to re-enter any other markets? Yes, Gap is preparing to re-enter the Australian market through a partnership with Myer as part of its broader international strategy. However, this remains secondary to the company's focus on Greater China.