Gap Backs Away From Plan to Spin Off Old Navy
A “Made in the USA” label is seen on a pair of jeans displayed for sale at a Gap Inc. store in New York, U.S. (Photographer: Craig Warga/Bloomberg)  

Gap Backs Away From Plan to Spin Off Old Navy

(Bloomberg) -- Gap Inc., the apparel retailer that’s searching for a new chief executive officer, said it will no longer seek to establish Old Navy as a standalone company. The shares rose in pre-m...
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