...The Gap, Inc.'s rating reflects the challenges facing the mid-tier mall-based apparel sector, company-specific merchandising inconsistency, and Fitch Ratings' expectation that Gap will need to continue using real estate actions and cost-reduction programs to protect EBITDA given limited revenue growth opportunities. The rating also reflects positive aspects of Gap's credit story, including its capital discipline, positive FCF, scale and investments in omnichannel capabilities....