Interested in Purchasing a Gap
Property for Investment?
If you wish to purchase a Gap
property for investment, please email info@nnndeals.com; We
have access to an extensive inventory of triple net Gap
Properties for sale in Washington DC, Maryland, Virginia and the entire
United States.

About The
Gap, Inc. :
The Gap,
Inc.[5] (NYSE: GPS) is an American clothing and accessories retailer based in
San
Francisco, California, and founded in 1969
by Donald G.
Fisher and Doris F. Fisher. The company
has five primary brands: the namesake Gap banner, Banana Republic, Old
Navy, Piperlime and Athleta. As of
September 2008, Gap, Inc. has approximately 135,000 employees and operates 3,076 stores worldwide, of which
2,551 are in the United States.[6] Gap, Inc. remains
the largest specialty apparel retailer in the U.S., though it has recently been surpassed by the
Spanish-based Inditex Group as the world's largest apparel retailer.[7]
Despite the company's publicly traded status, the Fisher family
remains deeply involved in Gap, Inc.'s business and collectively owns a significant quantity of the company's
stock.[8]
Donald Fisher served as Chairman of the Board until 2004
and remained on the board until his death on September 27, 2009. His wife and their son, Robert J.
Fisher, also serve on Gap's board of
directors. Robert Fisher succeeded his father as chair in 2004 and also became president and CEO on an interim
basis following the resignation of Paul
Pressler in 2007.
Glenn K. Murphy is the current CEO of the company. Previous
Gap, Inc. CEOs include Millard Drexler and Paul Pressler.
On August 21, 1969, Donald and Doris Fisher opened the
first Gap store on Ocean Avenue in San Francisco. The store's merchandise consisted of Levi's and
LPs. The Fishers had raised $63,000
to open the store,[9] and in one year,
Gap's sales had reached $2 million. In 1970, Gap opened its second store, in San Jose,
California, and established its first
corporate headquarters in Burlingame, California with just
four employees. Gap grew rapidly. By 1973, it had more than 25 stores, including areas outside
California—entering the East Coast market with a store in Voorhees, New
Jersey. In 1974, Gap began to sell
private-label merchandise.
The
Gap,
Inc
Properties For Sale Across the United States:
|