Gap Will Continue Big Discounts In 2019

Discounts have become a mainstay at Gap.
It's increasingly becoming unusual to pay full price for anything at the Gap.
In Gap Inc.'s most recent earnings statement, it reported that same-store sales for its namesake brand were down 7%.
Its sister brands Old Navy and Banana Republic reported a 4% and 2% increase, respectively.
Business Insider reports Group CEO Art Peck is disappointed with the results.