Gap Decides Not to Spin Off Old Navy Into Separate Company

The retailer's board decided the split would limit its ability to create shareholder value

Old Navy Interior
The retail conglomerate abandons plans to separate Old Navy into an independent company. Old Navy

Gap will abandon its plan to spin off Old Navy into a separate public company.

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@RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek.
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