How will retailers recover from looting?
Retailers face damage from riots while struggling to reopen amid coronavirus. FOX Business’ Lauren Simonetti with more.
One of the country's biggest mall operators, Simon Property Group, is suing Gap Inc. over nearly $66 million in unpaid rent and other charges, The Real Deal first reported.
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The Gap owes rent for April, May and June, the suit filed in Delaware state court says, according to The Real Deal.
GAP INC. REOPENING STORES WITH CORONAVIRUS SAFETY MEASURES
The Gap blamed the "profound effect" of the coronavirus pandemic for its decision to suspend rent payments in a statement to FOX Business.