Gap forecasts weak sales on slow consumer spending, rising competition

Gap missed revenue expectations for the second quarter, echoing weak trends from companies such as Macy#39;s (M.N) and Foot Locker (FL.N), in fresh signs U.S. consumers may be spending less on discretionary items in a uncertain economy.

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​ Gap missed revenue expectations for the second quarter, echoing weak trends from companies such as Macy#39;s (M.N) and Foot Locker (FL.N), in fresh signs U.S. consumers may be spending less on discretionary items in a uncertain economy. Gap missed revenue expectations for the second quarter, echoing weak trends from companies such as Macy#39;s (M.N) and Foot Locker (FL.N), in fresh signs U.S. consumers may be spending less on discretionary items in a uncertain economy.  Moneycontrol Latest News Read More