Tuesday, October 20, 2009

China Is a Market Going In Only One Direction: BIG

Gap Inc. announced plans to open a China store and expand on its e-commerce operations. In addition, they will be establishing e-commerce sites in the U.K. and Canada next year.
International store sales were $2.6 billion last year; roughly 19% of the company's total store sales. U.S. Online sales reached $1 billion last year.
To think they started out small. It gives us all hope that we can go from global small business to BIG business. They are now in a major turn-around mode with a huge international push.

Read more here.

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