40% off 1 full-priced item: Excludes Monogram, Heritage, and third-party branded merchandise. Offer valid on full-priced Banana Republic merchandise purchased in stores only from 2/13/2012 12:01 AM ET through 2/13/2012 at 11:59 PM ET. Not valid at Banana Republic Factory Stores, Edition by Banana Republic or online. Discount does not apply to value of gift cards purchased, packaging or applicable taxes. No adjustments on previous purchases. Cannot be combined with other offers or discounts, including Gap Inc. employee discount.