Mall Owner Sues Gap for Rent on CCP Virus-Shuttered Stores

Mall Owner Sues Gap for Rent on CCP Virus-Shuttered Stores
People walk past a store in Miami Beach, Fla., on June 16, 2015. Joe Raedle/Getty Images
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NEW YORK—Gap Inc. is being sued for refusing to pay rent for stores temporarily closed during the CCP virus pandemic.

Mall owner Simon Property Group said in a lawsuit filed this week that the clothing retailer owes three months of rent, totaling $65.9 million. Gap has more than 390 stores at Indianapolis-based Simon’s malls, including its namesake brand, Old Navy, and Banana Republic.