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NEW YORK (AP) — Gap Inc. is moving away from the nation's malls. The San Francisco-based brand was for decades a fixture at shopping malls around the country. Now it says it's closing 220 stores by early 2024. Back in August, the company announced its plans to close 225 stores globally.The parent company is also shuttering 130 Banana Republic stores. The moves announced Thursday are part of a three-year plan that will see Gap focus on outlets and its e-commerce business. Gap joins other clothing retailers in trying to reinvent themselves during the COVID-19 pandemic. The outbreak forced many non-essential stores to temporarily close in the spring and early summer.On Tuesday, the San Francisco-based company said they are "exploring is the possible closure of our company-operated Gap stores in the United Kingdom, France, Ireland, and Italy at the end of the second quarter in 2021."Gap Inc plans to shut down more Gap and Banana Republic stores amid the pandemic.By 2024, the company plans to close 350 mall locations in North America. 1053
New York, New Jersey and Connecticut are imposing a 14-day quarantine on incoming travelers from states with a high transmission rate of the coronavirus."We worked really hard to get the viral transmission rate down, and we don't want to see it go up," New York Gov. Andrew Cuomo said. "So we are jointly instituting that travel advisory today."The travel advisory will apply to states with two criteria: States that have an infection rate above 10 cases per 100,000 people and states where 10% of the total population test positive. Both criteria are measured on a seven-day rolling average.As of Wednesday, the states that the travel advisory applies to include Alabama, Arizona, Arkansas, Florida, North Carolina, South Carolina, Washington, Utah and Texas.This story was originally published by Lauren Cook and Mark Sundstrom on WPIX. 846
NEW YORK -- Michael Casey is picking up the pieces after some protesters turned violent and destroyed his business, Maxwell’s Bar & Restaurant, in New York City’s Tribeca neighborhood“We had to put together a makeshift border so no more looters would come in,” he said.This former New York City firefighter served his community for 13 years. When medical issues forced Casey out of the department, he invested his life savings and built this bar with his friends and family.“My daughter’s first birthday was there,” Casey said. “Her christening was there. It was a real kick to the…it was tough.”Tough, Casey says, both emotionally and financially.Casey says COVID-19 concerns forced him to shut down his business for three months. Without any income, he wasn’t able to pay insurance on his property.“We had to pick and choose what we can pay and what we can’t pay to try to get back up on our feet,” he said. “One of the costs we were not able to incur was our insurance.”After the looting, Casey had to let go of dozens of employees. Now, he’s filing for personal bankruptcy.“We’re done. There’s too much destruction,” he said. “The bills keep piling up. The phone calls keep coming in.”Even after what he calls “senseless destruction,” Casey still believes in the beauty of humanity and New York City.He also added that he has an obligation to his community.“I feel like I’d be letting them down and letting the community down if I decided to walk away now,” Casey said.This former firefighter is now focusing on reopening his Harlem location, saying he needs to be an example of positivity -- especially during destruction.“I never thought twice about running into a burning building; I still wouldn’t think twice about it,” he said. “I would put my life on the line for anybody, even after all this.” 1817
Nikolas Cruz massacred 17 people in February at his former high school in Florida. The question now is does he live or die?Broward County prosecutors have said they plan to seek the death penalty despite his attorney's offer of a guilty plea in exchange for a life sentence without the possibility of parole.If prosecutors seek the death penalty, Cruz will join a short list of mass shooting suspects who've faced their victims in court. Of the 10 deadliest shootings in recent US history, Cruz is the only one who was captured alive.Some parents who lost their children at Marjory Stoneman Douglas High School have made their feelings known about a potential death penalty trial."I don't want to go through some lengthy trial that's going to be brutal. I want him to sit in a cell and rot for the rest of his life," said Andrew Pollack, whose 18-year-old daughter, Meadow, was one of the victims."Lethal injection is painless, it's too easy for the psychopath. I don't want it -- I want life."Two other gunmen in recent high-profile attacks have also faced death penalty trials -- with varied outcomes.Last year, white supremacist Dylann Roof was condemned to death for killing nine black churchgoers in South Carolina. Two years prior, a Colorado judge handed a life sentence to James Holmes for the shooting deaths of 12 people at a movie theater.Here's how Cruz's death penalty trial would unfold: 1409
NEW YORK (AP) — The one-time bookselling giant Barnes & Noble is being acquired by a hedge fund for 6 million.The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers. Independent bookstores have also persisted in the face of digital publishing.The company said in October that it might put itself up for sale after it was approached by a number of potential buyers, including founder Leonard Riggio who opened Barnes & Noble stores across the country and turned it into a superstore.Barnes & Noble said Friday that it's being acquired by Elliott Management for .50 per share, an approximately 9% percent premium to the company's Thursday closing stock price. Elliott bought the U.K. bookseller Waterstones in June 2018.Waterstones CEO James Daunt will also take on the role of CEO at Barnes & Noble.The sale, valued at about 3 million including debt, is targeted to close in the third quarter if approved by regulators and shareholders.Shares of the New York company jumped 11% before the opening bell. 1111