Gap issues another dire warning as Old Navy CEO exits - Yahoo Canada

The long struggling apparel retailer, which is coming off two disastrous quarters and a 56% stock drop over the last year, served up its next falling knife...

This post has been updated to reflect where prices settled after Friday's market close. Gap (GPS) is like one of its $39.99 logo hoodies worn for a sweaty run on a Peloton treadmill in that they are… [+3363 chars]

full article...