Gap Inc. (NYSE: GPS) fell 4,8% and the cost of insuring the company's debt against default (CDS) rose. Gap increased investments in digital, coupled with a fleet that will shift to being largely off-mall, should help the retailer attain better sales and margin. Online sales have risen to half of the company's total during Covid-19 and according to Bloomberg online sales growth will probably remain above 50% in the coming quarters. GAP’s shares increased 14,2% in 2020.