Browsing: Navy

Gap names Michael Francis as Old Navy CEO, president | Retail Customer Experience

Gap’s transformation journey has hitsome roadblocks, and the apparel giant hopes that shaking up management at its Old Navy division will solve at least some of the problems.

Old Navy is betting that denim can pull people back in, and not just because jeans are a wardrobe staple. When a retailer’s summer storytelling does not translate into store traffic, the fastest reset is usually to anchor on a category people already shop with confidence and talk about with opinions.

The brand is replacing its CEO following several lagging quarters and pointed to a recent campaign with Cardi B as a sign of its revamped approach.

The U.S. Navy tested artificial intelligence-powered sonar to target submarines during the multinational Rim of the Pacific exercise in July.