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Gap cofounder Doris Fisher (center) attends a gala at the Metropolitan Museum of Art in May 2010 with her sons, Bob Fisher (left) and Bill Fisher (right).

The billionaire who cofounded Gap and her 3 sons have lost $1 billion in 2019 so far amid sales slump

Gap cofounder Doris Fisher and her sons John, Bob, and Bill Fisher were worth $8.3 billion in January, Forbes reported.
Rolling Acres Mall in Akron, Ohio.

More than 9,100 stores are closing in 2019 as the retail apocalypse drags on — here’s the full list

Olympia Sports recently said it plans to close half its stores. Sears, Kmart, Party City, and Walmart have also announced closings.
Gap founders Doris and Don Fisher.

The rise and fall of Gap, one of the most iconic and beloved American retailers

Gap, the largest specialty retail company in the US, was once one of America's most beloved retailers. Now it's struggling to stay afloat.
Former McDonald's CEO Steve Easterbrook was fired after having a relationship with an employee.

Nike, Under Armour, McDonald’s, and Gap have all announced CEO departures. Here’s the next generation of CEOs tasked with saving the retai...

Nike, Under Armour, McDonald's, and Gap have all announced that their CEO would be leaving their role. Here are their replacements.
Gap Inc. CEO Art Peck speaks at the 2015 Clinton Global Initiative's Annual Meeting.

Gap CEO Art Peck is stepping down from the company

Robert Fisher, a board member, will serve as interim CEO after a "brief transition period," according to a company press release.
The availability of black turtlenecks Monday afternoon near San Francisco.

Silicon Valley retailers are running out of black turtlenecks, and it could be because people are going as Elizabeth Holmes for Halloween

The perfect mix of Halloween and Silicon Valley may have turned the simple black turtleneck into a hot commodity in the San Francisco area.
The CEO said that change is "overdue."

Gap’s CEO says the retailer wants to shift Banana Republic from a ‘historically’ ‘skinny brand’ to one that’s more...

Gap first acquired the chain in 1983, just five years after the apparel brand's founding. Recently, the retailer has struggled with lagging sales.
Old Navy is expanding to 2,000 stores.

Old Navy plans to expand to about 2,000 stores — nearly doubling its existing total — as it spins off from Gap

Old Navy is planning to nearly double its store locations from 1,140 to 2,000, part of its forthcoming spinoff from parent company Gap, Inc.
Northgate Mall was eerily abandoned.

America’s first mall is about to be redeveloped into offices, homes, and an NHL training center. We went inside and found it eerily empty.

Northgate Mall was America's first shopping center to be called a mall. But after years of struggles, it's going to get a new identity.

The CEO of Athleta explains why the brand has been successful, and it’s a stark reminder of why Gap is struggling

Athletics wear brand Athleta has become one of Gap's biggest sweet spots along with the recently spun-off Old Navy.