(CBS DETROIT) – In the retail industry, more shakeups as they grapple with a move to online sales during the pandemic.
Clothing chain Gap says it’s no longer paying rent on its properties.
The company warns it might not have enough money to continue operations, adding more job cuts over the next year might be needed to stay afloat.
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.