USA: Gap March Same-Store Sales Jump 9%
Casual apparel giant Gap Inc provided more evidence of its recent recovery on Thursday when it posted a nine per cent jump in March same-store sales despite a late Easter and a weak global economic environment. The California-based operator of around 4,250 stores said total sales for the five weeks to April 5 soared 13 per cent to $1.4 billion from $1.2bn in the year-ago period thanks to increased marketing activity.