SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS):
What: |
In an all-employee call early this morning, Glenn Murphy, Chairman and CEO of Gap Inc. (NYSE: GPS), announced to employees that, in line with its promise to “do more than sell clothes,” it will raise the minimum hourly rate for U.S. employees to $9 in 2014 and $10 in 2015 across its family of six brands. This will ultimately benefit about 65,000 store employees. |
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Additional information is available at www.gapinc.com/domore. |
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When: |
February 19, 2014 | |
How: |
A full statement and more information about this announcement is available at www.gapinc.com/domore. Follow the discussion on social media via #letsdomore. |
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Contact: |
Media inquiries should be directed to Paula Conhain at press@gap.com or 415-427-4612. For investor inquiries, please contact David Davick at 415-427-2164 or investor_relations@gap.com. |