ETFs & Funds
Gap plans to shut a 5th of its namesake stores in the U.S. by the end of 2013 while opening 45 Gap stores in China by the end of 2012.
Go where the profits are. Nothing wrong with that. Maybe we can start selling cheap American-made products to the wealthy Chinese.
Chinese are not that wealthy. Though, they
like to buy luxury goods. It would take long time for that to happen.
Add a reply...
Latest StockTalks »
people get GPS breaking news and analysis by email alert.
Get email alerts on GPS »
The Gap, Inc.
Get latest price
From other sites
How Gap Plans to get Back in Style (GPS)
at Investopedia (Tue, 10:02AM)
Gap Shuts 75 Overseas Stores as Troubles Continue
at Investopedia (Fri, 1:35PM)
Gap (GPS) Posts In-Line Q1 Earnings, Draws Strategic Plan
at Zacks.com (Fri, 9:20AM)
Gap Q1 Profits Decline 47%, Will Close 75 Stores (GPS)
at Investopedia (Fri, 7:17AM)
Gap. Inc Earnings Preview Stream
at Zacks.com (Thu, 5:58PM)