Retail

Put Gap (GPS) Out Of Its Misery: Auction Off The Parts

AngrybearBeing a Gap (GPS) shareholder has been a long nightmare and that got worse today.

Gap’s same store sales in October fell 16%. The retailer reported net sales of $1.08 billion for the four-week period ended November 1, 2008, which is a decrease of 12% compared with net sales of $1.23 billion for the same period ended November 3, 2007.

Sales at the already dead Banana Republic division fell 17% and at Old Navy North America the drop was 20%.

Gap continues to cut costs, but to get back on track it will have to close hundreds of the most underperforming outlets among its 3,100 stories

Douglas A. McIntyre

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

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A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

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