Gap Inc. Reports Increase In Online Sales for First Quarter

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Gap Inc. reported an increase of 13% in online net sales  to $575 million on top of last year’s 27% increase, according to a press release. The company continues its progress toward bridging the growing digital world with its physical stores.

The company reported opening an ecommerce site in China.   During the quarter,  the company is continuing its focus on its strategic initiatives, including global growth,  omnichannel strategies,  a seamless inventory model  and a responsive supply chain.

Overall net sales for the first quarter saw an increase of 1% to $3.77 billion, compared to $3.73 billion last year.