Submitted by Bret Beaupain on Thu, 08/20/2009 - 13:17.
If you are like me, you remember The Gap Inc. (NYSE:GPS) for its relatively affordable clothing during your college years. You had to pick up a few of their polo shirts and Gap jeans to impress the ladies. Then there was also there fledgling offspring company, Old Navy, which became a juggernaut as it offered similar clothing styles for even more affordable prices, a key factor in making the college and school kids decide to buy.
Gap is expected to report earnings today