However, the company's square footage growth is weighted towards Old Navy and not the Gap. The retailer may close more of its Gap stores and expand Old Navy given that there's a higher market in the value segment.
More Quotes from Adrienne Tennant:
We believe the fundamentals continue to materially improve and that sales productivity and margins will continue to improve in 2006.Adrienne Tennant
Gap is working through its turnaround and still dealing with branding issue and how to reinvigorate its core apparel basics.
Adrienne Tennant
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