Gap Inc Reports Disappointing February Sales Results; March Might Be Better - Presented by: The Aol. On Network

After exhibiting tremendous resilience against the edgy retail environment and unfavorable climate conditions during the fourth quarter of fiscal 2013, Gap Inc ‘s sales declined substantially in February 2014. Comparable store sales fell by 7% during the month after recording a modest growth of 1% in the holiday quarter. Management blamed store closures and low foot traffic on account of extreme cold for its dismal sales.



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