In the summer of 1969 Doris and Don Fisher opened their first Gap store on Ocean Avenue in San Francisco, California. Don Fisher originally created Gap with a very simple idea: “to make it easier to find a pair of jeans.†(Fisher, 2008) Today, Gap Inc. encompasses four highly recognized apparel brand name stores in the world. These stores are Banana Republic, Gap, Old Navy and Piperlime. Gap is one of the world’s largest specialty retailers and with stores all over the United States the corporation is growing and prospering, even in the hard economic times of 2009. The
success or failure of a company is the direct result of the management’s ability to monitor and regulate the sales and income and the expenses and cost of doing business. Annual financial reports show the solvency possibilities of a company. - oppapers.com
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