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Friday, December 20, 2024 | 04:08 AM ISTEN Hindi

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From Gap to Dollar General, retail chiefs quit as challenges grow

With the onset of the Covid-19 pandemic, retailers are dealing with fresh complications from supply-chain bottlenecks and historic levels of inflation

Founded in San Francisco in 1969, Gap continues to build on its heritage grounded in denim and connect with customers online and in company-operated and franchise retail locations globally
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Many US retailers are opting for new leadership or moving ahead with pandemic-delayed succession plans as the industry adapts to challenges beyond the Covid-19 health crisis.Many U.S. retailers are opting for new leadership or moving ahead with pandemic-delayed succession plans as the industry adapts to challenges beyond the Covid-19.

On Monday, Gap replaced Chief Executive Sonia Syngal after more than two years on the job. On Tuesday, Dollar General Corp. said its longtime CEO would step down. Those announcements follow recent exits of the CEOs at companies such as Bed Bath & Beyond, athletic-equipment merchant Under Armour and luxury-consignment seller The

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