Old Navy gives Gap a little something to cheer about amid sales slump

Gap Inc. on Thursday reported third-quarter results that showed the retailer’s continued struggle to lift overall sales across its portfolio of brands. But signs of a turnaround its Old Navy division offered at least something to cheer about.
Gap Inc. on Thursday reported third-quarter results that showed the retailer’s continued struggle to lift overall sales across its portfolio of brands. But

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Old Navy gives Gap a little something to cheer about amid sales slump

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Despite being the lowest cost division of Gap, Inc it's been driving growth for a while. Part of it might be be going downmarket, part of it might be the increased ads