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Though sales on the website declined, same-store sales in the brick-and-mortar shops jumped 4.6%.
In 29 of the past 31 months Gap reported flat or declining same-store sales.
The company is adding restaurants overseas to offset declining same-store sales at its Pizza Hut and Taco Bell restaurants in the United States.
The chief executive, David C. Novak, is adding stores overseas to offset declining same-store sales at its Pizza Hut and Taco Bell restaurants in the United States.
Gap Inc. said today that its first-quarter profit fell 51percentt as it continued to struggle with sluggish consumer spending and declining same-store sales.
Old Navy is trying to turn around a long period of declining same-store sales, a crucial measure of financial health for retailers.
July was the company's 28th consecutive month of declining same-store sales and came in a month when sales for retailers over all rose 2.6percentt.
The news coincided with Tesco's second profit warning since 2012 and followed three consecutive quarters of declining same-store sales.
Now, with nine consecutive quarters of declining same-store sales in the United States, and having said that improving those sales is a central focus, Wal-Mart is struggling to figure out how to get its consumers to spend.
Mid-priced restaurant chains like Outback suffered declining same-store sales.
The main culprit for the moves: 21 straight months of declining same-store sales.
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