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Stock impact report

Will Gap's new loyalty program meet the moment? [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
This story was originally published on Retail Dive . To receive daily news and insights, subscribe to our free daily Retail Dive newsletter Gap Inc. on Tuesday unveiled a loyalty program that brings not only simplicity and a new identity, but also opportunities for meaningful connections to its customers. The update, “Encore,” applies to all the apparel company's brands and arrives at a time when it is working on improvements across its portfolio. That includes a crusade to regain cultural cachet , especially at its once-iconic namesake. “Fashion is entertainment, and today's customers aren't just buying apparel, they're buying into brands that shape culture and tell compelling stories," Gap Inc. CEO Richard Dickson said in a statement. "Encore connects our brands and partnerships in new ways to meet that demand and change how customers engage with our brands. By bringing fashion, entertainment and access together, we are building momentum, deepening relationships and creating Show less Read more
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