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The year 2018 was a tale of two stories: a year of record-breaking holiday sales and a year of retailers filing for bankruptcy. According to the Mastercard Spending Pulse report, brick and mortar stores saw a 5 percent increase in sales compared to last year. There was a 19 percent increase for online sales. However, it was also year big retailers like Sears filed for bankruptcy, and Toys-R-Us closed its stores. “Weak retailers are closing,” says marketing professor Darrin Duber-Smith. “It just takes them forever to close.” What does this mean for retailers as we head into 2019? “If the retailers that are in trouble--the ones that are kind of running out of cash, the ones that really look like they're going out of business--if they don't have a good holiday season, they're pretty much dead in the water in the first couple of quarters,” Duber-Smith explains. Despite an increase in holiday sales overall, department stores struggled. Sales were reportedly down 1.3 percent this holiday season. J.C. Penny’s stock fell below a share for the first time last week. Lord & Taylor and Saks Fifth Avenue have been shutting down some of their flagship stores, and Nieman Marcus has big debt coming due in 2020 and 2021. Duber-Smith says debt is a make or break. “These brands that are saddled with so much debt aren't able to invest in their companies,” he explains. “They're not able to invest in marketing. They're not able to invest in e-commerce.” E-commerce is key. Online sales growth for department stores grew 10.2 percent, but Amazon is still king when it comes to online retailers. That's why some stores have decided to work with the retail giant. “Best Buy was left for dead,” Duber-Smith explains. “Now, they have a partnership with Amazon where you can try the products in-store and buy it on Amazon. But now, Best Buy get a piece of that action.”Survival for some retailers means finding creative ways to thrive in an ever-changing retail landscape. 1990

Three American tourists, including a married couple, drowned in Turks and Caicos, the group of islands southeast of the Bahamas, authorities and local reports said.Two girls survived what authorities called a "very human and terrible tragedy" in the waters off scenic Bambarra Beach in Middle Caicos on Monday. One of the children was the daughter of the couple who drowned, authorities said, while the other girl was related to the third victim."We are saddened whenever incidents of this nature occur," Ralph Higgs, the Minister of Tourism, said in a written statement.Authorities said the two families went to the beach and encountered a fast-moving tide.Many in the community pitched in to help the extensive search on land and water."We came together as a community and we tried our best," Frederico Johnson, a district commissioner in Middle Caicos, told local station PTV8 News Watch.Johnson, who set out on foot and helped search the beach, said that after two bodies were found Monday, he was scanning for any sign of a person. "Right when I was about to leave, I saw this shape in the water" on Tuesday, he told PTV8.Police Commissioner Trevor Botting praised Johnson for his efforts, saying, "Your acts of leadership speak volumes."Authorities have not released the identities of the victims pending notification of kin.CNN confirmed with a relative of one of the victims that the three were Americans visiting the island. The relative had posted on Facebook that her "heart was BROKEN!!!" She told CNN the family was grieving and did not want to comment. 1578

Three people were killed and nine injured when a vehicle was struck Tuesday by two Long Island Rail Road trains going in opposite directions, according to MTA Long Island Rail Road president Phillip Eng.The vehicle reportedly drove around railroad crossing gates in Westbury, New York, Eng said. The three dead were in the vehicle, Eng said, and the injured included seven train passengers, a conductor, and an engineer.The injured were transported to area hospitals with minor injuries, Eng said."This is a ... very tragic cautionary tale that you just don't try to beat the train. It's not, it's not going to work," Nassau County Executive Laura Curran said.The first strike came from an eastbound train leaving the Westbury station and carrying about 100 people, Eng said.Then a westbound train, traveling at a higher speed and carrying about 800 people, struck the vehicle. According to Eng, the front two train cars of that train derailed and struck the platform at Westbury station.About 200 feet of track has been damaged, along with the third rail, and the Westbury platform, Eng said."We're gonna work through the night and we're gonna work to restore service as soon as possible," Eng said, adding that he expected morning service to be impacted. 1268

Their connection started with a controversy, but US Rep.-elect Dan Crenshaw is offering support to "Saturday Night Live" star Pete Davidson 152

This is the time for Mexico, with the help of the United States, to wage WAR on the drug cartels and wipe them off the face of the earth. We merely await a call from your great new president!— Donald J. Trump (@realDonaldTrump) November 5, 2019 256