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Gap’s risky bet: Putting this year’s unsold clothes back into stores next year

Parija Kavilanz
By Parija Kavilanz, CNN Business
Updated 2:40 PM EDT, Fri June 5, 2020
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In this May 6, 2020 photo, a mannequin wears a mask in the window of the Do the Extraordinary clothing and accessories store in downtown Seattle, which is closed. Nearly all retail stores and restaurants in the area are currently closed or operating under reduced levels of service due to the outbreak of the coronavirus and state-wide stay-at-home orders, which has led to thousands of workers losing their jobs or being furloughed. (AP Photo/Ted S. Warren)
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Retail sales plunged in April
01:36 - Source: CNN Business
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In this May 6, 2020 photo, a mannequin wears a mask in the window of the Do the Extraordinary clothing and accessories store in downtown Seattle, which is closed. Nearly all retail stores and restaurants in the area are currently closed or operating under reduced levels of service due to the outbreak of the coronavirus and state-wide stay-at-home orders, which has led to thousands of workers losing their jobs or being furloughed. (AP Photo/Ted S. Warren)
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Retail sales plunged in April
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- Source: CNN Business