Gap Inc. was launched on a very simple concept: to make it easy to

Gap Inc. was
launched on
a very simple
concept:
to make it
easy to find a
pair of jeans.
Corporate Real Estate
Today, we offer
customers a variety
of brands that have
grown to become
some of America’s
best known names
in apparel.
To our partners in the real estate community:
When you look at Gap Inc., you see a company that has positioned itself for the future.
We began our efforts—and tough decisions—even before the economic challenges of
the past two years. That head start has put us ahead of so many of our competitors and
other retailers.
We’re ready to grow—with a strong balance sheet, no debt, and new prototypes.
Critical to our future is building on the strength of our North American brands. Our renewed
customer focus will ensure that we stay relevant and innovative, so that each of our brands
increases its market share.
At the same time, we’re building on our global recognition. We’re in the middle of a series
of thoughtful investments that will bring our brands to new customers around the world,
where our reputation—for fashion, quality and innovation—precedes us.
We appreciate and value the role you play in our continued growth.
Glenn Murphy
Chairman of the Board
and Chief Executive Officer
Gap Inc.’s goal is simple: To be the top tenant in the retail industry, sought after by landlords
for being best in class for process as well as performance.
Our brands are iconic and globally recognized. We’ve laid the foundation for growth and
renewed our focus on customers in every market we serve. In addition, we have refined the
way we do business, streamlining our decision-making, so that we’re more responsive and
efficient. In short, an easier place for landlords to do business.
It’s a better time than ever for our portfolio of brands, and we’re proud to have re-established
ourselves as a tenant of choice for every landlord.
We look forward to our continued partnership with you.
David Zoba
SVP, Global Real Estate
Gap’s first store
Banana Republic’s safari theme
GapKids opens
Gap goes to London
The Beginning
1980s
1990s
1969
1983
1990
Founders Doris and Don Fisher
open the first Gap store in
San Francisco.
1970
Sales reach $2 million.
Banana Republic, then a two-store,
mail-order company, joins the
Gap Inc. family.
1986
The first GapKids store opens in
San Mateo, California.
Gap’s second store opens.
1976
1987
The first Gap store outside the
United States opens in London.
Gap Inc. goes public.
The company’s annual sales top
$1 billion for the first time.
1989
The first Gap store in
Canada opens in Vancouver,
British Columbia.
babyGap is born
babyGap is born, opening its first
store in San Francisco.
1992
Gap becomes the second largest
selling apparel brand in the world.
1994
Old Navy debuts in
Colma, California.
Gap Outlet stores launch.
1995
The first Gap store in Japan opens.
The first Banana Republic store
outside the U.S. opens in Canada.
1998
Banana Republic Factory Store
launches.
Old Navy launches
Piperlime debuts online
Athleta joins the company
Old Navy styles the whole family
2000s
2010s
2000
2007
2010
Gap Maternity launches online,
going into stores in 2003.
2001
Old Navy goes international,
opening 12 stores in Canada.
2005
The first Banana Republic
stores in Japan open in Tokyo
and Yokohama.
Gap opens first franchise
stores, in the Middle East
and Southeast Asia.
Piperlime launches, offering
a fresh online shoe shopping
experience.
The first Banana Republic
franchise store opens in
Bahrain, followed by stores
in several other countries.
2008
Gap Inc. acquires Athleta, a
women’s activewear company.
Banana Republic opens in London.
Outlet business expands with
first Gap Outlet and Banana
Republic Factory stores in Canada.
2006
Premium denim at Gap
2009
Gap celebrates its
40th anniversary.
Already in nearly two dozen
countries, international expansion
continues to Italy, China, Australia
and beyond.
Iconic American style.
Since 1969, Gap has become a cultural icon by offering clothing and accessories rooted in cool,
confident and casual style to customers around the world. Gap’s mix of locations reflects the
vast customer base it serves­—and with more than 900 stores in North America (from flagships
to malls) plus more than 300 franchise and wholly-owned stores internationally, you’ll find Gap
where our customers are: just about everywhere.
Storefront: NorthPark, Dallas, Texas
Fun, cool styles for girls and boys.
Scaled for the younger customer, but easy to shop for parents, GapKids stores feature fun unique
fixtures (bleacher seating, ladders, rolling lockers, a cubby wall), modern lighting, fitting rooms
with dynamic graphics, and visual props such as balls, bikes, guitars, skateboards and scooters to
make the shopping experience exciting.
The premiere destination for the youngest set.
A babyGap store is a warm, infant-friendly space—the place to go for clothing, accessories
and special gifts for newborns, infants and toddlers. Select babyGap stores also carry our
GapMaternity collection, offering the best in quality, comfort and style for expectant moms.
Accessible luxury, elevated design.
Banana Republic stores feature high-quality apparel and accessories for men and women.
Whether for work, evening or weekend, the brand’s elevated essentials and sophisticated
seasonal collections of fashion, accessories, shoes, personal care products and intimate apparel
showcase covetable, uncomplicated style.
Storefront: Stonestown, San Francisco, California
Casual affordable fashion for the whole family.
From day one, Old Navy was a revolution, something the world had never seen­—fabulous, affordable
fashion. Budget-conscious moms and dads all over North America choose to shop at Old Navy for the
whole family. With over 1,000 locations in accessible outdoor shopping areas in neighborhoods and
urban centers across North America, Old Navy’s dynamic and lively stores make shopping fun.
Storefront: Hulen, Texas
Accessible style, exceptional value—more than a Factory Store.
As part of the Gap Inc. Outlet family, our brands The Gap Generation and The Gap Factory Store
offer accessible style at exceptional values for men, women, kids and baby.
Storefront: Grapevine Mills, Texas
Banana Republic style at brilliant prices.
Banana Republic Factory Store is the premier outlet destination for chic wear-to-work looks,
offering stylish, versatile apparel for men and women.
Storefront: Arches, Long Island NY
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All store images except Banana Republic storefront © 2010 Chun Y. Lai. All Rights Reserved.
05/2010 Gap Inc. Real Estate
Cert o.
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