Post a Free Blog

Submit A Press Release

Monday, March 18, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBreaking NewsWalmart and Gap partner for creation of high-end home decor brand

Walmart and Gap partner for creation of high-end home decor brand

 

Walmart has teamed up with Gap to create an exclusive home goods brand. The multi-year agreement between the two retailers will help both the companies to expand their customer bases. The brand will be called Gap Home and will appear on the Walmart website on June 24. The financial terms and other aspects have not been disclosed but both companies talk of a long-term partnership. Gap and Walmart had begun discussions in December about the feasibility of partnering together and launching a brand.

 

Gap will debut its collection on the website with approximately 400 items. There will be some items that are made using organic cotton and some will be made with recycled materials. There will also be unique finishes and items will be available at different prices. The home decor items will be available in the following categories:

 

  • Bedding
  • Bath accessories
  • Decorative accessories

 

Gap will offer a denim styled pillow for $15.88 and a king comforter set for $64.98. Many other items will range between these two rates. Both the retailers will promote Gap Home. However, it will be distributed through Walmart. The Gap website will showcase some of the items of Gap Home but will direct buyers to the Walmart website. Customers from both the companies will get emails about the debut of this new brand.

 

Both the companies have lauded the deal and commented on it.

 

Mark Breitbard, CEO of Global Operations at Gap, said that the deal gives the company a more predictable revenue stream. It also places the brand in front of new customers, who may have never shopped in its stores, in the past.

 

He added that it felt like it could be a “super interesting partnership” for them and that how the conversation began. It gained steam and two strong American brands were now working together.

 

Anthony Soohoo, who is Walmart’s executive vice president for home, said that customers would see many denim and chambray inspired collections. He also said that the giant retailer’s relationship with Gap was one that they wanted to build upon. He said that the relationship was “enduring” for the retailer and that the recent launch of Gap Home was “not a capsule collection.”

 

Click Here For Full Stock Research on Walmart by CWEB

 

Click Here For Full Stock Research on GAP by CWEB

 

 

 

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Globus Medical Earns an Upgrade at BTIG, Shares Rise

Globus Medical (NYSE:GMED) shares rose more than 2% intra-day...

Mizuho Securities Sees Upside to Meta’s Consensus Estimates

Mizuho Securities analysts highlighted Meta Platforms (NASDAQ:META) as their...

HashiCorp Stock Jumps 8 percent Following M&A Rumors

HashiCorp (NASDAQ:HCP) shares surged more than 8% intra-day today...

U.S. Steel’s Guidance Misses Estimates

United States Steel (NYSE:X) issued fiscal Q1/24 earnings guidance...