Gap CEO exit opens door for spin-off talks again

Gap CEO exit opens door for spin-off talks again

A basket of flowers hangs near Gap Inc's flagship retail store at the Powell Street cable car turn in San Francisco, California August 20, 2009. REUTERS/Robert Galbraith

The abrupt exit of Gap Inc’s chief executive on the back of falling sales and shrinking margins will likely push the struggling apparel retailer to sell one or more of its brands, analysts said.