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REI, a retailer that sells outdoor apparel and supplies, is stopping its relationship with Vista Outdoor after the company failed to issue a statement following a mass shooting in Florida."This morning we learned that Vista does not plan to make a public statement that outlines a clear plan of action," the company said Thursday. "As a result, we have decided to place a hold on future orders of products that Vista sells through REI while we assess how Vista proceeds."  485

Renee Montgomery and the @RMFnonprofit hosted a pop-up #Juneteenth block party and handed out meals to the community in downtown Atlanta today ? pic.twitter.com/YeGGMdFVWG— Atlanta Dream (@AtlantaDream) June 20, 2020 224

Retail store J. Crew announced that it has emerged out of bankruptcy.In May, the apparel and accessories retailer company filed for bankruptcy amid the coronavirus pandemic.On Thursday, the company said it equitized more than .6 billion of debt with Anchorage Capital Group, L.L.C., which is not its majority owner, and it's now well-positioned for long-term growth.Jan Singer, Chief Executive Officer of J. Crew Group, said in the press release that its strategy focuses on three core pillars: delivering a focused selection of products, brand experience, and what it calls frictionless shopping."As a reinvigorated company, we are committed to serving the changing life and style of today's multifaceted consumer and to delivering long term, sustainable results," Singer said in the release.J.Crew Group operates 170 J.Crew retail stores, 142 Madewell stores, and 170 J.Crew Factory stores throughout the nation. 924

Retail credit card APRs have not changed despite the Federal Reserve slashing interest rates to near zero this year, according to a new report from CreditCards.com.Store-only cards have the highest interest rate at nearly 30%. That's the case for a few jewelers, Discount Tire and Big Lots, which sells furniture and appliances.“They're kind of preying, in some cases, on people who are really desperate to buy something, but may not have the money for it,” said Ted Rossman, an industry analyst at CreditCards.com. “So, it's really all about risk management.”The website’s survey found more than 43% of people have impulsively applied for a store card at checkout.That phenomenon may change this holiday season, when much of the shopping is expected to be online.“It might be less of an issue this year,” said Rossman. “Although, who knows? Maybe the shoppers that are in store are going to be peddled these even more aggressively, so it's something to watch for.”Store credit cards can be worth it if you pay your bills in full to avoid interest and you're loyal to a certain retailer. That's especially true for cards that offer 5% back on everything you buy. Amazon, Walmart, Target and a few clothing stores offer those kinds of rewards.If you're just signing up for an initial discount, don't waste it on a small purchase.Remember a credit card is different from a free loyalty program.You might be getting into something that could hurt your credit score. 1470

President Donald Trump tweeted for the first time in nearly 18 hours after he announced early Friday morning that he was diagnosed with the coronavirus. The tweet was posted as Trump arrived at Walter Reed Hospital Friday evening. Trump was moved from the White House to the hospital via Marine One.The usually highly active Twitter account has gone silent as Trump has battled symptoms of the coronavirus from the White House residence. Trump and first lady Melania Trump have been isolated today following his diagnosis.“I want to thank everybody for the tremendous support,” Trump said in the tweet. “I am going to Walter Reed Hospital. I think I am doing very well. But we are going to make sure that things works out. The first lady is doing very well. Thank you very much. I appreciate it. I will never forget. Thank you.” 836