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Hold off on that funeral dirge for Macy's. The department store isn't dead yet.Macy's topped Wall Street's profit forecasts Tuesday and provided a healthy outlook for this year.The results strongly suggest there is still room for traditional stores in the mall in a world increasingly dominated by the likes of Amazon and Walmart.Macy's chairman and CEO Jeff Gennette said the company was "encouraged" by improvement at the company's brick-and-mortar stores and continued growth in online sales.Gennette said digital revenue posted a double-digit percentage increase for the 34th quarter in a row, a run of more than eight years.And the company is still investing heavily in its Bluemercury chain of specialty beauty stores and the discount outlet Backstage. Macy's said it opened 36 Bluemercury stores and 30 Backstage stores last year, even as it closed 16 Macy's stores.Gennette added during a conference call with analysts that Macy's plans to open 100 more Backstage locations this year, including in malls.Macy's is also selling real estate to shore up its balance sheet. The company said it raised 1 million last year and .3 billion over the past three years by getting rid of some stores, warehouses and parking garages.Macy's is also working with real estate company Brookfield Asset Management on other transactions.Macy's said Tuesday it is selling several floors in its State Street store in Chicago to a real estate fund backed by Brookfield for million. Brookfield plans to convert the floors into office space.All this is good news for Macy's. But one analyst said Macy's needs to do more before its turnaround qualifies as a true Miracle on 34th Street."There is a long tail of shops that look dated, are in sub-optimal locations, and where the customer experience is poor. Macy's must remedy this if it is to transform the business," Neil Saunders, managing director of GlobalData Retail, said in a report.Nonetheless, the real estate transactions and improved sales outlook are two reasons Wall Street has fallen in love with Macy's again.The stock surged nearly 12% in early trading before pulling back a bit. Macy's has soared more than 45% in the past six months.Department store chains Kohl's, Nordstrom and JCPenney — which will all report results later this week — rallied as well Tuesday. Another chain, Dillard's, rose 12% too after it also posted strong quarterly results.Investors are clearly betting that Macy's wasn't the only traditional retailer that had a happy holiday season. 2527

HAMILTON, Ohio — A student at a regional campus of Miami University was caught on video vandalizing an anti-abortion display of crosses in a field.Local media reports the university has identified two students involved, and it will take disciplinary action. The incident has been referred to the university’s Office of Ethics and Conflict Resolution, a university representative said. 392

Good news and bad news from the IRS this July.The good: the agency reopened for business as of July 13th, which means it is now taking phone calls and processing tax filings as quickly as possible.The bad: during a year when every dime counts, the agency says as many as 4.7 million tax refunds will be delayed another few months.Cristy Mack is one of them. She and her husband never wait to file their taxes because she depends on her refund.But like almost five million other people, they still file paper returns because they are most comfortable doing that."We mailed our paper forms at the end of February," she said.But five months later, Mack still doesn't have her refund."A total of 18 weeks have gone by since we mailed in our return," Mack said.She tried calling the IRS, she says, but like countless other taxpayers, ran into a brick wall."They say they aren't taking calls at the moment," she said.Why refunds are taking so long this yearThe IRS's national taxpayer advocate now says as 4.7 million people who filed paper returns will have very late refunds.That's because the agency furloughed thousands of workers this spring and stopped processing paper returns for two months, creating a huge backlog.Paper processing has restarted, but workers are far behind.Mack needs her tax refund badly."It means a lot to us," she said. "Especially with everything going on, and my husband's job has been really slow, and we are making less.We passed Mack's information on to the IRS, though it may not make a difference if her return is buried in a stack of thousands."When you rely on that as part of your income and it's not there, it does make things a little sketchy sometimes," she said.And with the IRS extending the tax deadline to July 15 this year, even more paper returns are about to be added to the stack.If you are still waiting for your refund, all you can do is log on the IRS website, go to the "Where's my Refund" section, and cross your fingers.As always, don't waste your money.Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese Money on FacebookFollow John on Instagram @johnmataresemoneyFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.com. 2296

HAMPTON ROADS, Va - From Los Angeles to Wrigley Field, Norfolk to Virginia Beach, strange signs are bubbling up on telephone poles across the nation."So I went old school put up about five fliers in my neighborhood and saw it worked really well," said D.C. resident Joe Kogan.Kogan who lives in the nation's capital has spent the last six months working to make his four-inch Pufferfish “Rona” Insta-famous."Once I got all-around D.C, I drove through all the surrounding areas then even drove to Virginia Beach, Norfolk, and Hampton, just looking for poles near people," said Kogan.Kogan has never owned a fish – quarantine piqued his interest in the underwater world, and his grassroots efforts have blown Rona into what he calls a "fin-influencer.""I am really glad I got her because she has been keeping everyone in this house sane," he said.She has more than 27,000 followers, more than the Virginia Aquarium."A lot of people think fish are kinda like gotta be weird to be a fish keeper and there is no respect in pet keeping community among fish," said Kogan. "I think Rona has put the fish keeping world on the map."The exotic fish dazzles followers daily with her live crawl fish feedings. She is still learning how to hunt and will soon reach her full size of two feet!"She is an underwater puppy and gets very excited to eat her food," said Kogan. People tell me all the time they love seeing the posts every day, I think it's really beautiful, to be honest."A Cinderella story about a colorful catch that has hooked the hearts of so many stuck at home.To follow Rona the Pufferfish click here.This story was first reported by Chelsea Donovan at WTKR in Norfolk, Virginia. 1689

Have you ever wanted to own a Jelly Belly factory? Well, the man behind the Jelly Belly name, David Klein, is offering people the chance to do just that.According to a press release, Klein is getting ready to retire and wants to allow someone to win thousands of dollars, plus their very own candy factory.Klein and his partner have hidden "gold-style tickets in the form of necklaces" across the nation to host treasure hunts in each state.To join the search, or to receive valuable clues, you must purchase a .99 ticket for each state."The biggest and best part of these treasure hunts is that anyone who joins at least one treasure hunt will be eligible to search for THE ULTIMATE TREASURE, which will be the key to one of his candy factories and an all-expenses-paid trip and education to a candy-making university," Klein said.Klein said that each treasure hunt is valued at ,000, and only 1,000 people can participate in each treasure hunt.The Jelly Belly Candy Company released the following statement to clear up any misconceptions about the contest Klein is hosting: 1088

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