What Are Some Facts About Gap?


Quick Answer

Gap Inc. was founded in San Francisco in 1969 and initially consisted of just one retail store. As of 2014, the company has expanded to about 3,600 stores worldwide, with a presence in Australia, Canada, China, the United Kingdom, France, Italy, Ireland and Japan.

Continue Reading
Related Videos

Full Answer

The first store outside the United States opened in the United Kingdom in 1987. The company continues to be headquartered in the San Francisco Bay Area, as of 2014, but product design also takes place in New York City and London.

Most Gap stores are owned by the company, with only about 400 operating as franchises. Franchise stores are exclusively outside the United States. Online ordering is available to about 90 countries in total.

Gap Inc. also owns Banana Republic, Old Navy, Athela, Piperlime and INTERMIX, and the first Gap Factory Outlet store opened in 1994. Between all its brands, Gap Inc. employs about 140,000 people worldwide, as of 2014.

The company's fiscal calendar runs from February to January. The company is publicly traded, and the annual shareholders meeting is in May. It is listed on the New York Stock Exchange as GAP. Shares of stock must be purchased through a licensed stock broker. As of 2014, the stock has been split nine times in the company's history.

Learn more about Corporations

Related Questions