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Gap reports sales drop again, even at Old Navy

Bloomberg Gap Inc reported another quarter of declining sales at its namesake brand and Old Navy, rattling investors who are still waiting for more details on the planned spinoff of the discount chain. Same-store sales, a closely watched metric in retail, fell 4 percent at the overall company in the second quarter, which was worse than expected. Old Navy, which ...

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Mailbox stores’ new e-comm campaign fights ‘porch pirates’

Bloomberg An association of independent mailbox-store owners is forming a national network for receiving e-commerce packages, seeking to add a layer of security for consumers while capitalising on the surge of online shopping. Retail Shipping Associates (RSA) plans to announce an effort to organise the group’s stores under a national brand called the Package Hub Business Center, which consumers would ...

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Dewa wins accolade

Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that it has won the ‘best customer service initiative through the billing sector’ for its ‘high water usage alert initiative’ as part of the Global Business Excellence Awards 2019, organised by the UK-based Awards Intelligence. The Global Business Excellence Awards recognises public and private sector institutions in accordance with rigorous ...

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