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Toys "R" Us is on its way out, but KB Toys is set to pop back up.Strategic Marks, a company that buys and revitalizes defunct brands, owns the KB name and plans to open 1,000 pop-up KB Toys stores for Black Friday and the holiday shopping season."My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go," said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. "That's a big, big void that we're hoping to fill up."Toys "R" Us, which filed for bankruptcy last year, announced last week that it expects to close all of its 735 stores in the US. Those closures will put 31,000 people out of work and hurt toy manufacturers that depended on the national retailer for distribution.Kassoff said he's been in contact with Hasbro Inc. and Mattel, Inc. and up to 200 smaller toy suppliers who are looking for new brick and mortar retailers. He said he plans to take advantage of a glut of toy manufacturers that have inventory but no place to sell it.To get a quick retail footprint, Kassoff said he's working with companies that specialize in holiday and pop-up retail, like Spencer Spirit Holdings Inc., Go! Retail Group, and Party City Holdco Inc."We're talking to companies that know how to do it, they have a methodology, they're used to rolling out stuff real quickly," he said.After the holiday shopping season ends, Kassoff will decide which of the pop-up stores will become permanent, based on their performance and whether he can negotiate a lease.Strategic Marks bought the KB Toys brand from Bain Capital in 2016. Bain is the same company that bought Toys "R" Us and took it private in 2006, a process that left the toy company?saddled with .3 billion in debt, from which it never recovered. 1843
Today, @CMSGov has posted the second set of #COVID19 nursing home data – directly reported by nursing homes to the @CDCgov. You can view the updated numbers here: https://t.co/yBuyEyaM0u— Administrator Seema Verma (@SeemaCMS) June 18, 2020 247

This booking photo provided by the Glynn County Sheriff’s Office shows William “Roddie” Bryan Jr., who was jailed Thursday, May 21, 2020, in Brunswick, Ga., on charges of felony murder and attempted false imprisonment. Bryan is the third person charged in the fatal shooting of Ahmaud Arbery on Feb. 23, when a white father and son armed themselves and pursued Arbery after seeing him running in their neighborhood. (Glynn County Sheriff’s Office via AP) 463
To Professor @mos_daf and her family: I am deeply sorry for the hurtful incident that happened today @santaclarauniv.No work is more important than our efforts to realize a more inclusive, welcoming and safe campus where all are respected and valued. pic.twitter.com/KCA50RitP4— Kevin O'Brien, S.J. (@kevinobriensj) August 23, 2020 339
Thousands of Americans descended upon Washington D.C. Friday for a "March on Washington." The event was organized following the death of George Floyd earlier this year. "It's just too much injustice," Beth Wagner, who traveled from New Jersey to participate in the march, said. Wagner has two black sons. "I am always in fear they could be at the wrong place at the wrong time," Wagner added. Andre Miller traveled from Portland, Oregon, with his 14-year-old son. Miller showed the scars he received after being recently shot by police with a tear gas canister. Miller came to D.C. for his son, who has been called the N-Word in school. "If my kids get called the N-word, we want a suspension or something," Miller said. Andre Junior says the speakers serve as motivation. "Just to hear their messages are so inspiring," Miller Junior added. The event was organized by Rev. Al Sharpton and Martin Luther King III. "The only way we are going to resolve these issues is by doing it together," Luther King III said. 1022
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