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Victoria's Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand's grip on the lingerie industry.The Wall Street Journal first reported Singer's departure last week. Victoria's Secret parent company L Brands (LB) made it official during its quarterly earnings release.John Mehas, now the president of Tory Burch, will take over as CEO of Victoria's Secret Lingerie early next year, the company said.Sales at Victoria's Secret stores that have been open for at least a year dropped 6% last quarter. Victoria's Secret has close to 1,000 stores in the United States, many of them tied to struggling malls.Last year, Victoria Secret's same-store sales in North America fell 8% in part because of the company's decision to stop selling swimwear and clothing."Our number one priority is improving performance at Victoria's Secret Lingerie and PINK," said Leslie Wexner, Chairman and CEO of L Brands. "We could not be more excited for [Mehas] to lead Victoria's Secret Lingerie to a new phase of success."Singer took over in 2016 after a stint at Spanx. She worked at Nike (NKE) for more than a decade.Victoria's Secret has been struggling to keep up with changing consumer tastes. Flashy fashion shows, push-up bras and celebrity models aren't drawing people in like they used to. Instead, women are clamoring for more products with a better fit.Online stores like ThirdLove, Lively and True & Co. are using tech and harnessing data to offer custom sizes and new products.Other parts of the L Brands business have been struggling. The company announced in September that it is closing Bendel's website and all 23 of its stores, including the store's iconic Fifth Avenue location in New York, in January 2019 because of sluggish sales.A change in Victoria's Secret leadership may not be enough to convince experts that L Brands is turning itself around."Jan was not the problem," Jefferies analyst Randal Konik wrote last week following rumors of Singer's exit. "The real problem is the VS brand is not resonating with consumers, its pricing power is gone, its market share is under permanent attack, and the business is over-stored." 2198

Tucson police Chief Chris Magnus offered his resignation during a press conference on Wednesday.Magnus made the announcement about an April 21 incident in which a man died while in police custody.The AP reported the man who died was 27-year-old Carlos Ingram-Lopez.The medical examiner’s office didn’t determine a manner of death but said Ingram-Lopez died of sudden cardiac arrest while intoxicated by cocaine and physically restrained, the Associated Press reported.Magnus has served in the role since January 2016. Mayor Regina Romero hasn't said whether she is accepting the chief's resignation.KNXV's Phil Villarreal first reported this story. 656

U.S. President Donald Trump has spoken to Saudi King Salman over the disappearance of journalist Jamal Khashoggi and will send Secretary of State Mike Pompeo to discuss the situation with the monarch.Trump said in a tweet on Monday that the King denied any knowledge of the journalist's whereabouts. Khashoggi, a columnist for The Washington Post and a Saudi royal insider-turned-critic, entered the Saudi consulate in Istanbul, Turkey, on October 2 and has not been seen since.Saudi authorities maintain Khashoggi left the consulate the same afternoon, but have provided no evidence of that."Just spoke to the King of Saudi Arabia who denies any knowledge of whatever may have happened 'to our Saudi Arabian citizen.' He said that they are working closely with Turkey to find answer. I am immediately sending our Secretary of State to meet with King!," Trump tweeted.International pressure is mounting on Riyadh to explain the journalist's disappearance. Saudi Arabia has given Turkey permission to search its Istanbul consulate Monday afternoon, a Turkish diplomatic source told CNN.Saudi officials first granted permission for the consulate to be searched last week, but later asked for a delay and no search has yet taken place. Turkish officials also want to search the nearby consul general's residence, and have repeatedly accused the Saudis of failing to cooperate with their investigation.Khashoggi's disappearance has created a diplomatic rift between Saudi and the West, with the U.K., France and Germany demanding a "credible investigation" into the events and U.S. President Donald Trump warning of serious retribution if the Saudis are found to be behind his possible death. 1696

Uncle Ben's rice promised Wednesday to make changes to its brand image, hours after Aunt Jemima pancake mix and syrup promised to change its name and logo.Mars, the parent company of Uncle Ben's, did not say how it would make changes to the brand's name or logo but promised to "evolve the Uncle Ben's brand, including its visual brand identity," according to a statement on its website."We don’t yet know what the exact changes or timing will be, but we are evaluating all possibilities," the statement read. "Racism has no place in society. We stand in solidarity with the Black community, our Associates and our partners in the fight for social justice. We know to make the systemic change needed, it’s going to take a collective effort from all of us – individuals, communities and organizations of all sizes around the world."According to Uncle Ben's website, the name "Uncle Ben" refers to a "legendary Texan farmer, Uncle Ben who was known for his exceptionally high-quality rice." Frank Brown, a maitre d' at a Chicago restaurant, posed for "Uncle Ben's" portrait, which has since served as the brand's logo.Critics say the brand harkens back to slavery and Jim Crow-era South, where older black slaves and servants were frequently referred to as "Aunt" or "Uncle."On Wednesday, Aunt Jemima said it would remove it's logo — which has origins in minstrel show tropes — from packaging beginning in the fourth quarter of 2020 and would eventually rename the brand.The changes come as American institutions hold conversations about systemic racism amid weeks-long, largely peaceful protests in dozens of cities across the country. The protests were sparked by the death of George Floyd, who died in police custody in Minneapolis on Memorial Day. 1757

Tropical Storm Eta has dumped several inches of rain across the northern peninsula of Florida on Wednesday night and Thursday morning. But while the storm has caused some flooding and has left several thousand people without power, the state has largely been spared of major widespread damage. 301