(10/06/2016) Well it is embarrassing. Gap's warehouse in NY got fire last month. Normally this type of disaster to business causes various degree of damage. But an analyst thinks that fire will be just fine to Gap since their sales was down over the years and the fire may just slashed some unwanted inventory level. However, WSJ had a report saying that the fire will slow down the delivery of Gap's online order. In fact, the share price of Gap just jumped more than 14% today, so maybe the analyst's perspective is correct.
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