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It's a tough time to get into the retail business, but figurine maker Funko thinks its toys are popular enough to make it work.The company that produces the popular toys with heads that bobble plans to open up a nearly 40,000-square-foot store in Los Angeles later this year."So many people are looking for an experience when they shop — not just buying things," Funko CEO Brian Mariotti told CNN Business in an exclusive interview. "This is retail times pop culture."Funko is known for its vinyl figures that are based on popular movie, TV and comic book characters. It also reproduces real life athletes. The company has licenses with most big studios, including Disney for its Marvel, Pixar and Star Wars characters, Warner Bros. for the DC Comics and Harry Potter franchises as well as Pokémon. (Warner Bros., like CNN, is owned by AT&T's WarnerMedia.)The LA store will be located on Hollywood Boulevard, not far from the famous TCL Chinese Theatre. It will neighbor a Shake Shack and SoulCycle — in other words, trendy. Mariotti said the company is targeting both tourists and local residents.Funko already runs a smaller retail outlet at its corporate headquarters in Everett, Washington. Mariotti said that when the company opened that store up, he thought it would be a hit with pop culture enthusiasts and Funko employees. The store wound up exceeding those expectations.Mariotti said moms with young kids are big fans. Many customers are repeat visitors, too. That proved to Funko that it might be a good idea to set up shops in cities that could attract a mix of local fans and enthusiasts willing to travel to the store.The new Hollywood location will let customers pose with life-size Funko figures and sit in a toy version of the Batmobile, he said.He added that the company was still working with the building developer and local officials in Los Angeles, so the store won't be ready for a while. But he hopes to open it in time for Halloween. Parts of the store are being built in Washington and shipped down to California.If the store is a success, Mariotti said that more Funko locations could open up in other tourist meccas, such as London, Tokyo and Las Vegas.But he was quick to point out that Funko isn't trying to compete with its retail partners. Funko, like other toy companies, sells a lot of merchandise on Amazon and at Walmart and Target. The company also has distribution at specialty retailers like GameStop and Hot Topic.Instead, Mariotti said the goal is to build even more followers for the brand, driving sales at those big retailers.Funko will report its results for the fourth quarter Thursday, and it is expected to talk more about its retail plans then. Analysts expect sales to have risen nearly 20% from a year ago and for earnings per share to have more than doubled.The stock is up more than 50% already this year. 2874

JCPenney announced it plans on closing 154 locations nationwide this summer, with additional closures expected to be announced in the coming weeks. The company has been hemorrhaging locations in recent years as shifts in consumer habits have led customers away from legacy retailers such as JCPenney. Stores closing due to the COVID-19 have hastened the demise for companies like JCPenney. The affected stores will begin store closing sales on June 12. It will take 10 to 16 weeks to close the 154 stores.The loss of 154 locations will reduce the company’s footprint down from 850 stores nationwide. The 154 locations are spread over 38 states. “While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come,” said Jill Soltau, chief executive officer of JCPenney. “I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect.” To see the impacted locations, click 1336

Leanne Carrasco ordered 95 pizzas. The high school senior and her friends filled up goody bags and awaited a celebratory crowd. But this was not your typical graduation party.Carrasco didn't want that. Instead, she gave back with a pizza party at a homeless shelter for women and children in Houston, Texas."Not a lot of people have the same options as me. It's not fair," she told CNN. "There are a lot of people who need help. So I give it."It took her a month to prepareCarrasco had volunteered before, with her family, at the Star of Hope Family Development Center. But this time was different.She enlisted a bunch of her friends and got to work.In the month leading up to the party they collected toothbrushes, toothpaste, hand wipes and deodorant. They packed them into 400 hygiene bags to hand out to residents of the shelter.On Sunday, it was party time. The pizza was a hit, and so were the bags.But Carrasco and her friends gave the residents something more than just food and soap."They (the teens) had respect for the these people. They saw them as peers," said Scott Arthur, a spokesman for Star of Hope. "The residents saw this as a validation that people do care."For the shelter residents, it was a magical dayIn all Carrasco and her friends served about 200 people."It was a very magical day," Arthur said. "It gives you a hope for the youth of today. They (the high schoolers) were able to think of other people."Residents of the shelter gave Carrasco a standing ovation and lined up to hug her, moved by her compassion."I told her this was her final exam, and she got an A plus," Arthur said.But the praise won't go to Carrasco's head anytime soon. The graduating senior plans to enroll this fall at Briar Cliff University and study nursing."I think you should always know you're lucky to have what you have," she said. "Don't take that for granted and continue to give." 1902

Just hours after a heated interview aired on CBS where musician R. Kelly declared his innocence on charges of sexual abuse, he was back in custody on Wednesday for failing to pay child support. According to the Chicago Tribune, Kelly has failed to pay more than 1,000 in back child support. A Cook County, Illinois judge said that Kelly must pay the 1,000 in full in order to be released. He had previously been out on bond after spending four days in jail on charges of sexual abuse. Kelly had a friend help him pay the 10 percent of the million bond he needed in order to get out of jail. Kelly's publicist, Darryll Johnson, told the Chicago Tribune that Kelly had ,000 to ,000 ready to pay on Wednesday, but the judge wanted the full amount. “As you know, he hasn’t worked in a long time,” Johnson told the Tribune. Kelly will next appear in court on March 13. 892

Jeffrey Epstein's death was an abrupt end to a life marked by wealth, power and years of sex crime allegations.But the multimillionaire's apparent suicide in a New York federal jail has spurred questions and myths about his death and the future of legal cases against him.Here's what we know about Epstein's final days, and what will happen now.Why was he recently in jail?Last month, federal prosecutors in New York unsealed an indictment that accused Epstein of paying girls as young as 14 to have sex with him at his Upper East Side home and at his estate in Palm Beach, Florida, between 2002 and 2005.Epstein faced similar accusations in Florida back in 2007, but signed a plea deal with prosecutors allowing him to avoid federal charges and plead guilty to lesser state prostitution charges.As he faced new charges, Epstein asked a judge last month to grant him bail and allow him to stay under house arrest in his Upper East Side mansion -- one of the biggest private homes in Manhattan.But the judge refused, and Epstein was held at the Metropolitan Correctional Center starting in July.Was Epstein on suicide watch when he died?No. Epstein was temporarily placed on a suicide watch after he was found in his jail cell July 23 with marks on his neck, a law enforcement source and a source familiar with the incident told CNN at the time.It wasn't clear whether those injuries, which were not serious, were self-inflicted or the result of an assault, the sources said. Epstein told authorities he had been beaten up and called a child predator, they said.After conducting daily psychological assessments, psychologists with the Bureau of Prisons took him off suicide watch at the end of July, according to a source familiar with the matter.Should he have stayed on suicide watch?Suicide watch usually lasts just one or two days, said Jack Donson, a former correctional treatment specialist for the Federal Bureau of Prisons."I've never seen in my entire career a suicide watch lasting more than a week," Donson said. "So the context of him committing suicide while on watch, that's just a fallacy."Donson said a suicide watch means an inmate is being monitored by a staff member 24 hours a day -- "three shifts of overtime people."He said resources are limited, and overtime can be costly."I was probably being paid 0, 0 for a shift of overtime just to watch somebody through a window," Donson said.If an inmate doesn't appear to be a threat to himself during suicide watch, he's removed from constant monitoring.But Democrats and Republicans alike wonder whether Epstein's suicide could have been prevented."It's ridiculous that he was taken off suicide watch," said former New York Mayor Rudy Giuliani, who is now an attorney for President Donald Trump.Democratic presidential candidates such as Sens. Kirsten Gillibrand and Elizabeth Warren say they want investigations. And Sen. Ben Cardin said he wants the results of the investigation to be made public."It's very hard to understand how he was not on a suicide watch," Cardin said.Are there conspiracy theories behind Epstein's death?Yes, but so far they're largely unfounded.This much we know: Epstein was found unresponsive in his cell around 6:30 a.m. Saturday, the Federal Bureau of Prisons said.Staff members tried to revive him, but Epstein was later pronounced dead at a local hospital.The bureau said Epstein's death was an "apparent suicide," and authorities believe Epstein hanged himself, a law enforcement source said.The New York City medical examiner's office hasn't released the official manner of death.But Trump shared a tweet and video from conservative comedian Terrence Williams that claimed -- without evidence -- that former President Bill Clinton and former Secretary of State Hillary Clinton were responsible for Epstein's death.The tweet also incorrectly claimed that Epstein died while on suicide watch.What will happen to legal cases against Epstein?The federal criminal case against Epstein is over. But on the civil side, plaintiffs can still sue Epstein's estate, CNN legal analyst Paul Callan said.The exact amount of Epstein's wealth has not been publicized. Even prosecutors have said they haven't been able to determine the scope of his assets. But Epstein was, at a minimum, a multimillionaire.The financier owned properties in Manhattan, Palm Beach, New Mexico and Paris, as well as a private island in the Caribbean, according to court filings. He owned at least 15 vehicles and a private jet.One civil lawsuit is expected to be filed by a woman who alleges Epstein raped her when she was 15.The accuser in that pending lawsuit, Jennifer Araoz, said Saturday that she is "angry Jeffrey Epstein won't have to face his survivors of his abuse in court.""We have to live with the scars of his actions for the rest of our lives, while he will never face the consequences of the crimes he committed the pain and trauma he caused so many people," she said in a prepared statement.What could happen to some of Epstein's associates?Prosecutors could pursue related criminal cases involving Epstein's associates or employees.Though Epstein was the only person charged in the indictment unsealed in July, the court papers described three unnamed employees who scheduled his alleged victims to provide "massages" that escalated to sexual acts and paid victims hundreds of dollars in cash.For example, one person referred to in the indictment as "Employee-1" called girls who had previously been lured into encounters with Epstein to arrange future visits to his New York home.Robbie Kaplan, an attorney for one of the alleged victims in the criminal case, said "the many victims of Jeffrey Epstein and his accomplices should not lose hope."We will continue to fight tirelessly on their behalf not only to seek justice, but also to ensure that all of the facts of his monstrous crimes become known to the world," she said."We need to expose the whole truth here so that crimes of this scale and scope never happen to any young girls (or boys) ever again." 6059