Product/Service Gap Inc. is an American clothing and accessories retailer based in San Francisco California. The company was founded on August 21‚1969 by Donald and Doris Fisher. Gap is one of the largest specialty retailers. They operate four of the most recognized apparel brands in the world:Gap‚ Banana Republic‚ Old Navy and Forth and Towne. Place/Distribution Gaps main opportunity to reach out to its customers through its stores. Gaps operate stores in the United States‚ Canada‚ the United
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Gap Inc. in 2010: Is the Turnaround Strategy Working? In the 1990’s‚ Gap Inc. was really harmonized to American pop culture and tastes. The brand was really popular at that time. Everybody was using it. It was also very affordable and stylish. However the company’s fast expansion during that time‚ was accompanied by the addition of long-term debt of few billions. Then we saw the quality of the cloths declining and the style’s popularity going down. Besides their fame of being so perfectly sync
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The Gap‚ Inc. History Address: 2 Folsom Street San Francisco‚ California 94105 U.S.A. Telephone: (650) 952-4400 Fax: (415) 427-2553 Website: www.gap.com Public Company Incorporated: 1969 as The Gap Stores‚ Inc. Employees: 169‚000 Sales: $14.4 billion (2003) Stock Exchanges: New York Ticker Symbol: GPS NAIC: 448140 Family Clothing Stores Company Perspectives: At Gap‚ Inc. we never stop moving. It takes thousands of passionate‚ dedicated and talented employees around
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The Gap Inc. business strategy is a combined of cost leader and differentiation. The company provides a highly competitive price with some differentiated fashion features. As a cost leader‚ Gap supplies the similar products at a lower price‚ uses the simple design‚ and applies a tight cost control system to its store space. At the same time‚ Gap also equipped with some unique product features. The company has variety products designed for different group of target customer‚ like GapKids and Banana
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The Gap Don Fisher‚ 1928–2009 Doris and Don Fisher is the founder of GAP INC. The first GAP store that opened by Doris and Don Fisher is in year 1969.The first store was opened at San Francisco‚ USA. The reason of why Don Fisher opened a GAP store was simple because Don Fisher could not find a pair of jeans that fit him. Don Fisher was a third-generation of San Franciscan. His great-grandfather‚ Samuel Fisher‚ arrived in San Francisco from New York in the1860s which is a decade after the discovery
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Gap Inc. is a large retail company owning several brands such as Gap‚ (including Gap Kids‚ Gap Baby‚ Gap Body) Banana Republic‚ Old Navy Piperlime and Athleta. The company is an American clothing and accessories retailer based in San Francisco‚ and was founded in 1969 by Donald and Doris Fisher. They strive to sell quality clothing‚ mostly the basics‚ for good prices. They are a leading company in the apparel retail market with 3‚085 stores. Through the five brands that Gap Inc. owns‚ they are
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Analysis Assignment: I. Company’s Business and Economic Environment Gap Inc.‚ founded in 1969 in San Francisco‚ CA‚ is a clothing and accessories retailer for men‚ women and kids. It started as a single store‚ and nowadays operates more than 3‚000 stores with more than 130‚000 employees worldwide. Gap Inc owns the following brands: The Gab‚ babyGap‚ GapKids‚ and GapBody‚ along with Old Navy‚ Banana Republic‚ Piperlime and Athleta
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Case Analysis and Strategic Recommendations for GAP Inc.‚ Introduction The Gap was founded in 1969 by husband and wife Don and Dorris Fisher. It started in down town San Francisco as a Levis retailer who also sold records. From the beginning‚ the Fishers wanted the company to have a unique image. They wanted shopping for jeans to be a fun and easy experience as opposed to the difficult and unexciting experience that was present in the 1969 jeans industry. The Fisher’s
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STRENGTH 1. Gap Inc. opened its first stores in Serbia and Ukraine because Ukraine is the fastest growing retail market in Eastern Europe‚ while Serbia has many young customer who enjoy shopping. 2. Expansion of GAP Inc. due to growth management by divisional president in various country. 3. The company provide a wide range of family clothing product include denim‚ khakis‚ t-shirt‚ shoes. 4. GAP has a well establish code ethics‚ translated in 65 different language which is the best communication
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a. The Policy that the Fed will implement to close the recessionary gap is called the Expansionary Fiscal policy. The Federal bank in the United States has the power to both make the laws and pass them too. If the economy is operating at a capacity lower than its optimum output‚ there is a recessionary gap in the economy. Thus if the general level of employment in the economy is lower than its optimum level‚ the output generated will also be lower. The Fed can influence the supply of money in the
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