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Gap, 2006 Timeline Saturday, April 21 Bookmark and Share     Author
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Profit shrinks as decline continues
World News (12) USA (335) California (187) Bay Area (11) San Francisco (340) Gap (64) 2006
Business (7)
Gap, January 2006 Gap, February 2006 Gap, March 2006 Gap, April 2006 Gap, May 2006 Gap, June 2006 Gap, July 2006 Gap, August 2006 Gap, September 2006 Gap, October 2006 Gap, November 2006 Gap, December 2006
Gap, 2006   Gap 1st Quarter Earnings   Profit Falls (11)   San Francisco, August, 2006 (86)   San Francisco, December, 2006 (44)
Sales hit bump in road again
Gap, IBM in $1.1 Billion Services Deal  IBM is to take over parts of the clothing retailer's technology operations over the next 10 years Profit fall 11% in 4th quarter  Gap Inc. is suffering from a lackluster holiday season while struggling to dazzle customers with new merchandise Troubles continue to plague chain


January 2006 ... more > Top ^
Jan.17


February 2006 ... more > Top ^
Feb.24


March 2006 ... more > Top ^
Mar.3
  Same-stores sales plummeted 11%, with Old Navy suffering the sharpest drop


April 2006 ... more > Top ^
Apr.7
  The retailer reported a 13% drop in same-store sales and continues to show no sign of reversing declines


May 2006 ... more > Top ^
May.19
  Gap Inc. saw its first-quarter profit decline 17% and reported a net income of $242 million


August 2006 ... more > Top ^
Aug.17 2Q Profit Falls, Lowers Year View
  Profit dropped by more than 50% because of sluggish sales. Gap dramatically cut its forecast for the year


December 2006 ... more > Top ^
Dec.1 November was cruel month for Gap
  Gap continuing to falter despite heavy promotions and stores recording strong gains




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