Gap Inc. Part 1
Gap Inc. Part 1
1. Legal corporate name and Web address
-The legal corporate name is Gap Inc. and the web address is http://www.gapinc.com/content/gapinc/html.html
2. Current year Fortune 500 ranking
-The Fortune 500 ranking for Gap Inc. as of 2011 is 167.
3. Date founded
-Gap Inc. was founded in July 1969 and reincorporated in May 1988.
4. Headquarters location
-The global headquarters for Gap Inc. is located at 2 Folsom St., San Francisco, CA 94150.
5. Current CEO
-The current CEO of Gap Inc. is Glenn K. Murphy.
6. Corporate mission statement and major goals
-According to “The Gap Stores Mission Statement – A Global Purpose and Values Build the Brand”, Gap Inc.’s mission statement is, “Gap, Inc. is a brand-builder. We create emotional connections with customers around the world through inspiring product design, unique store experiences, and compelling marketing.”
The goals of Gap Inc. are its concern for improving the environment, employee purpose, community investment, and social responsibility.
7. Major product lines
-The major products are clothes, accessories, and fitness wear. Gap Inc. offers its products to children, women and men, and a maternity line.
8. Major subsidiaries
-The major subsidiaries of Gap Inc. are Athleta, Banana Republic, Old Navy, and Piperlime.
9. Number of employees
-The number of employees at Gap Inc. is 134,000 people.
10. Annual revenue/earnings
-The revenue for Gap Inc. is $14,630,000,000 and the net income is $980,000,000.
11. Look and feel of the website
-The website for Gap Inc. is inviting. The colors are bright, and a customer can quickly see the style of clothing Gap Inc. offers. The different subsidiaries are available on the right side of the page where a customer can click and view that subsidiaries’ website. On the website there are options to view not just the merchandise but to also find out more about the company itself. There are key facts as well as profiles on the employees that work for Gap Inc.
Work Cited
“The Gap Stores Mission Statement – A Global Purpose and Values Build the Brand.” About.com Retail Industry. n. page. Web. 14 Mar. 2012. <http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/GameStop-Mission-Statement.htm>.
http://www.mergentonline.com.mantis.csuchico.edu/companydetail.php?compnumber=3551&pagetype=synopsis