According to Old Navy, the deal is the largest retail lease completed in the city so far in 2025 and one of the largest struck over the past five years. Effectively, the Gap-owned brand will ...

For 2024, Old Navy sales were up 2% year-over-year to $8.4 billion. Comparable sales were up 3%. Gap ( NYSE: GAP ) ended the year with 2,212 Old Navy stores in operation, including 2,043 in the U.S.

Old Navy to move NYC flagship in Big Apple’s largest retail ... New York Business Journal. May 9, 2025. Preview this article 1 min. The deal marks the largest retail lease in Manhattan so far in ...

Old Navy, Gap Inc.’s biggest brand, struck a deal for a new 55,000-square-foot flagship store in Herald Square, the top retail lease in New York City so far this year, according to research from ...

Gap Inc. will spin off its better-performing Old Navy brand into a separate public company, ... A month later, it announced it would shut a three-story location on Manhattan’s 5th Avenue.

Spinoff means expansion for Old Navy as Gap Inc. goes lean "These are two very different business models," Gap Inc. CFO Teri List-Stoll told analysts Thursday morning. Published Sept. 12, 2019 ...

Old Navy is prepared to accelerate store growth and add more product categories as it spins into its own publicly traded company. Gap Inc. By Katie Burke – Staff Reporter, San Francisco Business ...

Old Navy first opened at 150 W. 34th St. in 1999. ... including four in Manhattan, according to the company's website, and Old Navy is rumored to be eyeing another location in Herald Square. ...

Gap’s Old Navy brand plans to open hundreds of stores as it prepares to split from its parent company at a time when slower sales and online rivals are challenging many bricks-and-mortar chains.