About Old Navy Old Navy is an American retailing company that deals in clothing and accessories. It is owned by the Gap Inc. which is an American multinational company. It has its flagship stores in Chicago, New York City, San Francisco, Seattle, Mexico, and Manila. History of Old Navy In the early 1990s, Target’s parent company, Dayton-Hudson Corporation, intended to establish a store that was less expensive as compared to Gap, which would be called Everyday Hero. In 1993, Millard Drexler, the CEO of Gap at that time opened Gap Warehouse in the Gap outlets where the products sold were at a much lesser price than Gap. However, the brand…