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There's something about entering a warehouse full of brightly colored clothes that's invigorating. It's even more exciting when that store is Old Navy, because not only do you get to shop for stylish clothes and accessories for the whole family, you get to buy everything you want because it's so affordable. Old Navy was opened by Gap Inc. in 1994, but it was originally called Gap Warehouse. It carried classic wardrobe pieces, just like Gap, but with better prices. In an effort to make a name for themselves, the Old Navy branding was born. Now there is a distinct difference between the two sister companies, but you can still get the same great deals on clothing and accessories for the whole family.