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Another nationwide retailer is filing for bankruptcy amidst the pandemic.Stein Mart filed for Chapter 11 bankruptcy protections Wednesday, citing the current situation in retail during the coronavirus pandemic.“The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant financial distress on our business,” said Hunt Hawkins, Chief Executive Officer of Stein Mart, Inc. in a statement from the company. “The Company lacks sufficient liquidity to continue operating in the ordinary course of business. I would like to thank all of our employees for their dedication and support.”Stein Mart says they expect to close most, if not all, of their 281 stores and they have launched a “store closing and liquidation process.” The first store opened in 1908 in Mississippi.The discount department store says they are looking at possibly selling their website and intellectual property during the Chapter 11 process.Stein Mart adds to the list of several retailer who have announced bankruptcy filings or closings, including Tuesday Morning, JCPenney, Sur La Table, Mens Warehouse, Ann Taylor and Lord & Taylor. 1199
Amid a resurgence of coronavirus cases nationally, the CDC said it expects to see coronavirus-related deaths increase in 11 states through July 24.The states on the CDC’s radar are Arizona, Arkansas, Florida, Idaho, Nevada, Oklahoma, Oregon, South Carolina, Texas, Utah, and Wyoming. The CDC said these 11 states will likely exceed the number reported over the last four weeks.The rest of the country should see either the same or fewer deaths related to the coronavirus over the next four weeks.The CDC projects that 11,000 to 31,000 Americans will die from the coronavirus between now and July 24. 607
Apple may soon have some company in the trillion dollar club. Amazon is worth about 0 billion.Shares of Amazon popped 2 percent Monday to hit a new all-time high. The stock only needs to go up another 7 percent for the Jeff Bezos-led company to top a trillion dollar market valuation.Amazon is firing on all cylinders this year. Shares of the retail/cloud/media/consumer gadget giant are up nearly 65 percent in 2018. Health care may be the next big market that the company disrupts, following its acquisition of online pharmacy PillPack.Analysts are predicting that Amazon's sales will surge 32 percent to a whopping 5 billion this year — and earnings per share will nearly triple. If there's an obstacle in the path to a trillion market cap, it's not clear what that would be. 795
Animals have been used as therapy for years, because research has linked them to a decrease in anxiety and depression in pet parents.It is sometimes referred to as the "Pet Effect" by experts and described this way by Mental Health America:"The Pet Effect, also known as the human-animal bond, is the mutually beneficial relationship between people and animals that positively impacts the health and well-being of both. Any pet owner will tell you that living with a pet comes with benefits, including constant companionship, love and affection."A 2016 survey by the Human Animal Bond Research Institute found that nearly 75% of the animal owners they talked with reported mental health improvements from their furry family member.With a global pandemic keeping many of us isolated, is now the time to adopt a pet?"I adopted Sake from the Arizona Humane Society on July 1," said Scottsdale dog owner Randi Chan.Chan said she immediately brought a dog trainer into the mix and created a structured routine, something she did not have just a few months ago."Before I had her, I was probably working like 12 hours every day," Chan said. "Because... I'll take a break for dinner and then I'll be like, 'Well I have nothing better to do. I've already watched everything on Netflix, so I'll guess I'll start working again.'"She knew that likely was not very positive for her mental health.Now, Chan gets fluffy hugs and a reason to get outside safely for their walks."If anything, the pandemic has just raised awareness to the importance of both adoption and fostering," said Arizona Humane Society's Bretta Nelson.They have moved to appointment-only for their adoptions. Once a prospective pet parent sets up their time slot, a representative from the shelter will call them ahead of time to go over what animals they may be interested in."We think with this one-on-one match-making process, you can talk to people about a pet's medical or their behavioral, and they weren't already attached before learning that information," Nelson explained. "So, they were able to make a logical decision."That has helped their return rate for pets drastically decrease, while the number of families fostering has sky-rocketed.However, most people will have to return to work at some point and the pets will have to be left behind.Nelson said that a structured routine that is created the first time they come home will make that transition easier."Set a routine that's going to work, even when you're back at work," Nelson said. "Don't start taking them for walks at 11 a.m. every day if that's not something you can uphold because they're not going to be too happy about that."Chan said she has been practicing putting Sake in her crate a little bit at a time, so she is comfortable and those trips to the park they both love will still be a part of their day-to-day routine."She really definitely brings a smile to my face because she is a very loving dog," Chan said.To learn more about the pets up for adoption at the Arizona shelter, click here. To request an appointment, click here.During these difficult times, a pet parent may also be struggling to provide for their beloved animal. The Arizona Humane Society offers a program called Bridge the Gap to provide resources to attempt to keep families together. Click here to learn how they can offer support.This story was originally published by Megan Thompson at KNXV. 3417
Amid movements such as “Me Too” and “Times Up," WalletHub has determined the best and worst states in America for women.According to WalletHub, although women make up 51 percent of the U.S. population, only 22 percent of U.S. Senators are women while only 19.3 percent of the House of Representatives is made up of women.To rank states, the site compared all 50 states and the District of Columbia across 23 indicators of living standards for women.RELATED: WalletHub ranks best and worst states for military retireesCalifornia didn’t rank as high on the list as some may think, coming in 19th overall.California also came in 23rd in the women’s economic and social well-being rank and 12th for women’s health and safety. Overall the best state for women was Minnesota and the worst was Louisiana.Below are the top five best states for women in 2018: 879