The global apparel retailer operates 3,300 company-owned and 400 franchised stores in 90 countries under the brands Gap, Old Navy, Banana Republic, PiperLime, Athelta, and Intermix.
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Tip No. 1: Don't forget about your employees
Discounts will be way up this holiday season.
Fewer shoppers visited its Anthropologie and Free People stores despite higher discounting.
And it's closing another 35 stores
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Over concerns about racial insensitivity
The founder announced he was stepping down as CEO and will be replaced by Stefan Larsson of Old Navy.