Gap Inc. is giving a surprise bonus of $300 to 70,000 hourly-paid frontline workers at its stores, distribution centers and customer contact centers in the U.S., Canada, Japan, U.K., the Republic of Ireland and Italy. The company, based in San Francisco, said its workers were “the lifeblood of our business through acute Covid-19 impacts." Net sales rose 89 percent from a year ago and Gap Inc. posted a net profit of $166 million for the first quarter ended May 1, versus a loss of $932 million in the previous year.

Read Full Story


More: