I just came across some devastating news that is a prediction for now, but if it comes true will most likely change my life for the worse!
This article says these HORRIBLE, please don’t let it come true words:
As the recession deepens, economic forces continue to drive consolidation in the retail industry, debt comes due and increasingly discerning consumers buckle down on discretionary spending, an analysis by 24/7 Wall Street predicts that a number of well-known brands are likely to disappear before the end of 2010…………….
6. Old Navy apparel: 24/7 Wall Street said that parent company Gap - which currently markets the Gap, Old Navy and Banana Republic brands - is “a three-brand company living in a two-brand body” and cannot continue to sustain all three in the midst of steep, across-the-board sales declines. Old Navy, which is the weakest brand, will most likely not survive………..
HOW is this possible? I can barely move in Old Navy when they have a sale. I’m mean literally WALL to WALL people. AND WHAT is the GAP thinking? I mean who can really afford Banana Republic? Gap is a little pricey too in my cheap opinon. In the last 4 years, I like to call them the “I had a baby and what the heck happened to my body, what am I supposed to wear now” years, I have found only a handful of stores where I can actually find clothes that fit my misshapen body. Sadly, if you cataloged my wardrobe 95 out of 100 items would have an Old Navy tag on them. The other 5 would be my favorite style of panties from Target which took forever to find and were discontinued promptly after I found them. It’s a good thing I stocked up! I’m looking for a new supplier if anyone knows of good place. I’ve tried Victoria’s Secrets, Kohl’s and even (head hanging in shame) the 6 to a package from Wal-Mart. I just can’t find the right ones. Sorry, I got a little off track. Where was I? Oh yeah, I don’t know what I will wear without Old Navy. That may sound funny, but I’m DEAD serious. I’d be naked!
So get out there and do some good! SAVE OLD NAVY!
