Gap reports September sales down

San Francisco’s Gap Inc. (GPS) reported Thursday that net sales for September were down 3 percent compared to the same period last year.

Net sales reached $1.43 billion for the five-week period ended October 6, 2007 compared to $1.46 billion for the period ending Sept. 30 2006.

Comparable store sales were down 7 percent compared with a 3 percent decrease in September last year. The downward trend was most pronounced for the Gap North America division, which showed a decline of 10 percent for same store sales compared to 5 percent last year.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Protesters turn out Sunday in San Francisco for second day in a row

“To me, it’s everyone’s breaking point,” said Chris Jackson, who handed out water to fellow demonstrators.

Businesses slam proposed COVID-19 worker rehire law as too ‘burdensome’

Supervisor Mar’s legislation would require employers to take back staff at same pay

Curfew to remain in effect Monday night in SF; dozens arrested from Sunday protests

Police chief estimates as many as 6,000 took part in demonstrations

San Francisco mayor calls in 200 law enforcement officers from California to enforce curfew

Mayor London Breed said Sunday morning that she made the request last night as first responders answered calls to dozens of fires and vandalism

Photos: San Francisco businesses clean up the damage: protesters march peacefully

Here are some images from San Francisco on Sunday as businesses began… Continue reading

Most Read