Gap Inc. still struggling to make a turnaround

Gap was once a staple in almost every American's wardrobe, and had a wide range of appeal with older customers who were just looking for just some casual clothes to teenagers who just wanted simple everyday wear. Unfortunately for Gap Inc., their namesake label no longer has the former glory it did in its prime. The brand went through what was referred to as a lost decade by Wells Fargo Securities analyst Paul Lejuez, and sales have not been promising.