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Gap Inc. Corporate Headquarters Address, CEO Email Address, and Corporate Office Info
The Gap, Inc., sometimes known as Gap Inc. or Gap (stylized as GAP), is an American clothing and accessory shop with a global presence. Donald Fisher and Doris F. Fisher started Gap in 1969, and it is headquartered in San Francisco, California. Gap (the namesake banner), Banana Republic, Old Navy, Intermix, Hill City, and Athleta are the company’s six core divisions. Gap Inc. is the largest specialty retailer in the United States and ranks third globally, behind Inditex Group and H&M, in terms of total locations. As of September 2008, the firm employed roughly 135,000 people and operated 3,727 locations throughout the world, with 2,406 of them in the United States.
The Fisher family is still heavily invested in the corporation, holding a large portion of its equity. Donald Fisher served as chairman of the board until 2004, after which he stayed on the board until his death on September 27, 2009, after having a role in the dismissal of then-CEO Millard Drexler in 2002. Fisher’s wife and their son, Robert J. Fisher, are both board members of Gap. Following the resignation of Paul Pressler in 2007, Robert succeeded his father as chairman and also served as CEO on an interim basis until Glenn K. Murphy took over in 2014. Art Peck was the CEO of Gap Inc from February 2015 to November 2019, when he was replaced by Sonia Syngal in March 2020.
Walter “Wally” Haas Jr, President of Levi Strauss & Co., was a social buddy of Don Fisher, a California commercial real estate broker specialising in retail store site, in 1969. The startling popularity of ‘The Tower of Shoes,’ a non-retail industrial area of Sacramento, California, that drew crowds by advertising that no matter what brand, style, or size of shoes a woman may want, it was at The Tower of Shoes, Fisher was inspired. Fisher urged Haas to allow him imitate The Tower of Shoes’ business model and adapt it to Levi’s products, knowing that even Macy’s, the biggest Levi’s customer, was continually running out of the best-selling Levi’s sizes and colours. Fisher committed to stock only Levi’s items in every style and size, sorted by size, and Levi’s promised that The Gap would never run out of stock because of nightly restocking from Levi’s warehouse in San Jose, California. Finally, Robinson offered to pay half of The Gap’s radio advertising in advance, circumventing antitrust regulations by providing the identical marketing package to any retailer that promised to sell only Levi’s products. On August 21, 1969, Fisher established the first Gap store on Ocean Avenue in San Francisco, using only Levi’s and LP recordings to lure youthful customers. Gap built their second store in San Jose in 1970.
With four employees, Gap opened its corporate headquarters in Burlingame, California in 1971. By 1973, the company had grown to over 25 sites and had entered the East Coast market with a store in Voorhees, New Jersey’s Echelon Mall. Gap began selling private-label items in 1974. Under the supervision of Millard Drexler, Gap adopted an upscale image and overhauled its assortment in the 1990s. However, after 19 years on the job, Drexler was fired in 2002 due to over-expansion, a 29-month sales slump, and problems with the Fisher family. Gap announced in 2007 that it would “concentrate [its] efforts on recruiting a chief executive officer with deep retailing and merchandising experience, ideally in apparel, who understands the creative process and can effectively execute strategies in large, complex environments while maintaining strong financial discipline.” After two dismal holiday sales seasons, Pressler resigned in January and was replaced on an interim basis by Robert J. Fisher. He joined the company in 1980 and was elected to the board of directors in 1990. He went on to hold various senior management positions, including president of the Banana Republic and Gap divisions. Adrian Bellam chaired the board’s search committee.
Gap Inc. said in October 2011 that it would eliminate 189 locations in the United States by the end of 2013, a reduction of over 21%; nevertheless, the company also wants to grow its presence in China. In the fall of 2013, the company announced that it would launch its first locations in Brazil. Gap Inc. announced in January 2015 that it would close its Piperlime business in order to focus on its core brands. Piperlime’s first and only store, in SoHo, New York City, closed in April. Hill City, a men’s athletic wear brand that launched in October 2018, was first publicised by Gap Inc. in September 2018. As a result of the COVID-19 pandemic, the firm stated in August 2020 that it will close over 225 store locations under its Banana Republic brand. The company’s original aim was to close only 90 locations, but because to the financial consequences of the epidemic, they increased the amount. The particular locations that will be closed have yet to be determined by the company, although the most of them will be in malls. Gap Inc. announced a partnership with Afterpay in November 2020. The goal of this collaboration was to enhance the internet buying experience.
Corporate Headquarters Address and Phone Number
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Gap Inc. Corporate Headquarters Address
55 Thomas St.
New York, New York, 10013
675 Avenue of the Americas
New York, New York, 10011
How do I contact Gap Inc. CEO?
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Gap Inc. Contact Details
Gap Inc. Headquarters Contact Details: NA
Gap Inc. Headquarters Address: San Francisco, California, United States
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