Gap Inc.

August 31, 2010

New York, August 31, 2010 – This Labor Day weekend, Banana Republic will be giving its modern professional customers a chance to win their annual salary, simply by walking through the doors of its stores across the U.S. and Canada.

In this first-of-its-kind sweepstakes for the brand, the grand prize winner will win up to $100,000 in a one-time payment. In advance of this sweepstakes, the company queried its fans on Facebook to see what they would do with such a windfall. Stress relief was a priority. 30% of respondents said they would pay down their debt and 32% said they would take off on a dream vacation.

Beginning Friday, September 3 and ending Monday, September 6, customers can walk into any one of Banana Republic’s U.S. and Canada stores* to receive a game piece which will award them 15%, 25%, or 50% off their purchases during the Labor Day Weekend. No purchase is necessary.

One grand prize winner will win a match of their annual salary up to $100,000, with a minimum payout of $50,000 even if they don’t have a salary.  The minimum age for eligibility is 18.

“We are a brand that focuses on helping our customers look great at work,” said Jack Calhoun, President, Banana Republic. “In a tough economic climate, we wanted to celebrate Labor Day by doing something unique and offering one lucky customer a year’s salary.”

Banana Republic’s Facebook fan poll asked how a winner would use their winnings. Respondents indicated that they would:

  • Quit my job, turn off my alarm and sleep in for a year: 3%
  • Stockpile the cash, change nothing: 14%
  • Buy an expensive new toy: 1%
  • Pay off personal debts: 30%
  • Start my own company: 11%
  • Help a friend, family member or charity: 7%
  • Take a dream vacation: 32%

To locate a Banana Republic store nearby, please visit bananarepublic.com.

*Banana Republic Factory Stores are not eligible for the sweepstakes at this time.

NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE CHANCES OF WINNING. LEGAL RESIDENTS OF THE 50 UNITED STATES (D.C.) AND CANADA 18 YEARS AND OLDER. VOID WHERE PROHIBITED. STORE EMPLOYEES NOT ELIGIBLE.  Game ends 9/6/10 during store hours or while supplies last. For Official Rules, prize descriptions and odds disclosure, see a Banana Republic associate.  Sponsor: Banana Republic, LLC, 2 Folsom Street, San Francisco, CA 94105, U.S.A.

About Banana Republic
Banana Republic is a global accessible luxury brand that delivers modern, soulful and effortless style. Banana Republic’s lifestyle collections are characterized by elevated design and luxurious fabrications at approachable prices. Banana Republic collections include apparel, handbags, jewelry, fragrance and eyewear. Banana Republic, a division of San Francisco-based, Gap Inc. (NYSE: GPS), can be found at over 500 retail locations in the United States, United Kingdom, Canada and Japan, BananaRepublic.com, or (888) BR-STYLE. In addition, Banana Republic is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East. For more information, please visit gapinc.com.

 

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