Jamie Gersh, CMO at Old Navy, talks the company's International Women's Day endeavors, including its adornment of five female statues in New York City with floral installations inspired by their spring dress collection.
The #HiPower campaign celebrates the women that make-up 75% of Old Navy employees and Gap's initiatives for gender parity that saw the company become the first Fortune 500 Company to report equal pay for equal work.
Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.