Management Turnover as Change Agent

Friday, August 22, 2008

Additional Follow Up on The Gap

Surprise, surprise, The Gap GPS (NYSE) the well-known struggling retailer announced its quarterly earnings yesterday and they were up 51% from the same period a year ago.  Yesterday, I wrote a post about recent changes at The Gap.  I specifically focused on The Gap's new designer, Patrick Robinson and his potential to help the firm.   The Gap's CEO Glenn Murphy who was met with a good deal of skepticism when initially appointed back in July 2007 (see post) may actually be succeeding in making a real dent in resolving some of the troubles the retailer has been facing.  There actually may be some light at the end of the tunnel for the firm.

Stay tuned.  

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