gap

Store Card Revenue Under Pressure From Late Fee Change, BNPL
Store Card Revenue Under Pressure From Late Fee Change, BNPL
April 10, 2024  |  Credit Cards

Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses...

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Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
December 30, 2023  |  Retail

A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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Gap Charts Course Back to Pop Culture Roots for Shopper Reconnection
Gap Charts Course Back to Pop Culture Roots for Shopper Reconnection
November 16, 2023  |  Retail

Gap says it’s ready to compete. That’s the latest from Richard Dickson, Gap’s newest president and chief executive officer, who held the retailer’s latest quarterly...

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Gap’s Athleta Moves Into ‘Experiential Fitness’ Space
Gap’s Athleta Moves Into ‘Experiential Fitness’ Space
November 09, 2023  |  Retail

Gap-owned women’s fitness apparel brand Athleta is launching an “experiential fitness series.” “Move with Athleta,” invites women to “sweat, connect and celebrate the Power of...

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Gap Appoints Mattel Veteran Richard Dickson as President and CEO
Gap Appoints Mattel Veteran Richard Dickson as President and CEO
July 26, 2023  |  Personnel

Specialty apparel company Gap has appointed Mattel veteran Richard Dickson as its president and CEO, effective Aug. 22. Dickson is currently president and chief operating officer at global toy company Mattel,...

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Consumers Chafe as Clothing Retailers Tighten Returns Rules
Consumers Chafe as Clothing Retailers Tighten Returns Rules
June 20, 2023  |  Retail

The age of easy clothing returns is coming to an end. A report Tuesday (June 20) by the Wall Street Journal (WSJ) says nonreturnable items...

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High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
High-End Retailers May Be Pinched as High Earners Grapple With Card Debt
May 24, 2023  |  Consumer Insights

The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up...

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Gap Cuts 1,800 Jobs After $1 Billion Decline in Sales
Gap Cuts 1,800 Jobs After $1 Billion Decline in Sales
April 27, 2023  |  Retail

Struggling apparel retailer Gap is cutting 1,800 jobs as it looks to reduce expenses. The company announced the layoffs in a regulatory filing Thursday (April...

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