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Gap Inc. Grapples With 'Unsettled Market Conditions' as It Attempts To Right Declining Sales

Global Retailer Reduces Plans for Store Openings To Rein In Spending
Gap Inc. is trying to stabilize declining sales and customer foot traffic across its portfolio of nearly 3,400 brick-and-mortar stores. (Getty Images)
Gap Inc. is trying to stabilize declining sales and customer foot traffic across its portfolio of nearly 3,400 brick-and-mortar stores. (Getty Images)
CoStar News
August 25, 2022 | 10:56 P.M.

Global retailer Gap Inc. is struggling to stabilize falling sales and recover from operational missteps, all while adjusting its restructuring plans to adapt to evolving trends shaped by the pandemic.

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News | Gap Inc. Grapples With 'Unsettled Market Conditions' as It Attempts To Right Declining Sales