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The year 2018 was a tale of two stories: a year of record-breaking holiday sales and a year of retailers filing for bankruptcy. According to the Mastercard Spending Pulse report, brick and mortar stores saw a 5 percent increase in sales compared to last year. There was a 19 percent increase for online sales. However, it was also year big retailers like Sears filed for bankruptcy, and Toys-R-Us closed its stores. “Weak retailers are closing,” says marketing professor Darrin Duber-Smith. “It just takes them forever to close.” What does this mean for retailers as we head into 2019? “If the retailers that are in trouble--the ones that are kind of running out of cash, the ones that really look like they're going out of business--if they don't have a good holiday season, they're pretty much dead in the water in the first couple of quarters,” Duber-Smith explains. Despite an increase in holiday sales overall, department stores struggled. Sales were reportedly down 1.3 percent this holiday season. J.C. Penny’s stock fell below a share for the first time last week. Lord & Taylor and Saks Fifth Avenue have been shutting down some of their flagship stores, and Nieman Marcus has big debt coming due in 2020 and 2021. Duber-Smith says debt is a make or break. “These brands that are saddled with so much debt aren't able to invest in their companies,” he explains. “They're not able to invest in marketing. They're not able to invest in e-commerce.” E-commerce is key. Online sales growth for department stores grew 10.2 percent, but Amazon is still king when it comes to online retailers. That's why some stores have decided to work with the retail giant. “Best Buy was left for dead,” Duber-Smith explains. “Now, they have a partnership with Amazon where you can try the products in-store and buy it on Amazon. But now, Best Buy get a piece of that action.”Survival for some retailers means finding creative ways to thrive in an ever-changing retail landscape. 1990

Thieves steal surgical masks. A clinic sells fake COVID-19 tests. Hate groups encourage sick members to infect law enforcement officers. Imposters pose as public health officials. Con artists peddle fake cures and financial scams.As the 249

The United States Postal Service (USPS) and their unions continue to raise an alarm about their dire financial situation. According to the USPS officials, they are losing around billion per month amid the COVID-19 pandemic. A recent release said the financial situation is “threatening their ability to operate.”The problemWhile package deliveries are up, business mailings are down, which is how USPS makes most of its money. "It is a dire situation, Mark Dimondstein, president of the American Postal Workers Union, said. "The post office does not run on any tax dollars; it runs on the revenue generated by postage and postal products."Dimonstein says the postal service could run out of money by fall. Bailout? USPS has asked Congress for a billion bailout. While a billion funding package has passed the House, it has so far not passed the US Senate. The American Postal Workers Union has launched a rare television advertisement asking Americans to call Congress. 993

TOKYO — When the Diamond Princess cruise ship was quarantined in Yokohama earlier this month, Japanese health officials said the extraordinary measure was needed to stop the spread of a COVID-19, better known as the coronavirus.But since the quarantine was implemented, more than 540 cases of the virus have been identified among the more than 3,700 people isolated. Scientists say it's clear the quarantine did not work and that an investigation is needed to determine why it failed and if there's another mode of transmission aboard the ship. According to the 574

This week, the government put a 60-day freeze on military deployments, upending some family's plans in this uncertain time. The freeze also means some troops overseas can't come home.Domestic travel restrictions are also causing headaches and keeping families apart. "We have a family who's stuff already shipped. The car shipped, their home goods shipped, and now, they are stuck here until they don't know when without the things that they need," said Laura White.White is the Director of Development and Community Engagement for Support the Enlisted Project (STEP), a nonprofit serving young military families in Southern California. Making matters worse, she says spouses of those serving in the Armed Forces are facing layoffs and cut hours. "In the United States, when you first enlist you're the first pay grade, it's called an E-1 through an E-6, so the first six pay grades, you slowly kind of move up. E-1 through E-4s are considered at or below HUD poverty levels, so a spouse's income is really important," said White. This week, STEP held an emergency distribution event, providing families essentials like toilet paper, diapers, and food. Following CDC guidelines, families picked up the goods from their cars."We're an organization that believes if you've chosen to serve, you deserve to be able to stay in your house, get food on the table, and get those basic necessities. And then we're going to work with you on how to maintain that forever," said White. There's help like this around the country.In all 50 states, military families can call 211 for access to basic necessities, financial assistance, and mental health resources. 1660

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