A Gap store in New York, August 2, 2020.
Scott Mlyn | CNBC
Mall-based retailer Gap appears to be ill-suited for a competitive retail environment and rising costs in 2022, according to Morgan Stanley.
Morgan Stanley downgrades Gap to underweight, says retailer will face major margin pressure in 2022
A Gap store in New York, August 2, 2020.
Scott Mlyn | CNBC
Mall-based retailer Gap appears to be ill-suited for a competitive retail environment and rising costs in 2022, according to Morgan Stanley.
