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10 Apr

Gap Details Executive Pay

Gap Inc. may be between chief executive officers in the mean time, but it surely still has quite just a few top executives on its payrolls.  The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last yr, laid out its executive compensation in its proxy statement to the Securities and Exchange Commission on Wednesday, detailing just who made what.  As is typical on the upper echelons in retail, the pay packages were heavy on stock and option grants, that are tied to the corporate’s performance and might never materialize for the executives.   Here’s the rundown the corporate’s executive pay last yr:  Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock awards.  Former CEO Sonia Syngal, who...
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8 Apr

Beauty gap: how the fee of living crisis is

As we re-evaluate our spending and type our purchases into needs and desires, beauty can feel hard to position “I’ve stopped getting acrylics, sunbeds and haircuts. I used to get my nails done every month, and get balayage done. Now I’m giving myself haircuts and doing my very own nails because there’s just no way I can afford it anymore,” says 24-year-old communications consultant Siobhan Fitzsimons. “It’s heartbreaking to be working so hard and in real terms to be earning less money than I did after I first left uni. I’m living in my overdraft, and after I’ve been paid I feel ‘oh I’ll treat myself and get nails done’ after which I...
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30 Mar

Gap Inc. Reveals Executive Pay, Toussaint Rosefort Looks Near

EXEC PAY: Gap Inc. is likely to be between chief executive officers in the mean time, however it still has quite a number of top executives on its payrolls.  The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last 12 months, laid out its executive compensation in its proxy statement to the Securities and Exchange Commission on Wednesday, detailing just who made what.  As is typical on the upper echelons in retail, the pay packages were heavy on stock and option grants, that are tied to the corporate’s performance and might never materialize for the executives.   Here’s the rundown the corporate’s executive pay last 12 months:  Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock...
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2 Feb

Gap Inc. Opens Up Supply Chain to SMBs

Gap Inc.. in search of to generate additional revenues, has formed a collaboration with Ware2Go to speed up its technique to open up its supply chain to other brands and retailers. The collaboration integrates Ware2Go’s supply chain technology and existing warehousing footprint utilized by different brands and retailers with Gap Inc.’s GPS Platform Services for outsourcing the corporate’s distribution centers and warehouses, returns processing, customer insights, technical and digital capabilities. The Ware2Go partnership will act as an accelerator for the GPS Platform business, which was launched last fall to boost revenues. It’s been servicing certain large national brands, whereas the collaboration with Ware2Go will service small- to medium-sized retailers and types by enabling them to plug into the Gap network. “Together...
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