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Hold off on that funeral dirge for Macy's. The department store isn't dead yet.Macy's topped Wall Street's profit forecasts Tuesday and provided a healthy outlook for this year.The results strongly suggest there is still room for traditional stores in the mall in a world increasingly dominated by the likes of Amazon and Walmart.Macy's chairman and CEO Jeff Gennette said the company was "encouraged" by improvement at the company's brick-and-mortar stores and continued growth in online sales.Gennette said digital revenue posted a double-digit percentage increase for the 34th quarter in a row, a run of more than eight years.And the company is still investing heavily in its Bluemercury chain of specialty beauty stores and the discount outlet Backstage. Macy's said it opened 36 Bluemercury stores and 30 Backstage stores last year, even as it closed 16 Macy's stores.Gennette added during a conference call with analysts that Macy's plans to open 100 more Backstage locations this year, including in malls.Macy's is also selling real estate to shore up its balance sheet. The company said it raised 1 million last year and .3 billion over the past three years by getting rid of some stores, warehouses and parking garages.Macy's is also working with real estate company Brookfield Asset Management on other transactions.Macy's said Tuesday it is selling several floors in its State Street store in Chicago to a real estate fund backed by Brookfield for million. Brookfield plans to convert the floors into office space.All this is good news for Macy's. But one analyst said Macy's needs to do more before its turnaround qualifies as a true Miracle on 34th Street."There is a long tail of shops that look dated, are in sub-optimal locations, and where the customer experience is poor. Macy's must remedy this if it is to transform the business," Neil Saunders, managing director of GlobalData Retail, said in a report.Nonetheless, the real estate transactions and improved sales outlook are two reasons Wall Street has fallen in love with Macy's again.The stock surged nearly 12% in early trading before pulling back a bit. Macy's has soared more than 45% in the past six months.Department store chains Kohl's, Nordstrom and JCPenney — which will all report results later this week — rallied as well Tuesday. Another chain, Dillard's, rose 12% too after it also posted strong quarterly results.Investors are clearly betting that Macy's wasn't the only traditional retailer that had a happy holiday season. 2527
Herman Cain tweeting about how not deadly COVID is after previously dying from COVID. pic.twitter.com/uzBSMl48et— Kit.?????? (@KitMaxwell_) August 31, 2020 163

From making snow angels to picking snowball fights with your friends, playing in the snow can be a lot of fun.But one Colorado town didn't think so. In Severance, a town about 60 miles north of Denver, it's long been illegal to throw snowballs.Dane Best, 9, thought the law was "silly." The young town resident might have even broken it once in a while.So with the help of his classmates, Best decided to take it upon himself to change the law. He collected letters and signatures in support of snowball fights, did some research and presented his case at a Severance Town Council meeting on Monday."It is an outdated law," Best told council members, according to CNN affiliate KCNC. "And I want to throw a snowball without getting in trouble."Now he can, after the council unanimously approved a measure to legalize throwing snowballs within town limits.Mayor Don McLeod told CNN that the law was part of a more elaborate ordinance, Sec. 10-5-80, that said, "It is unlawful for any person to throw or shoot any stone or any other missile upon or at any person, animal, building, tree or other public or private property; or at or against any vehicle or equipment design for the transportation of persons or property."When Dane and his classmates visited town hall this fall on a field trip, McLeod pointed out that the law -- although it's not enforced -- would include throwing snowballs at people."The kids were super intrigued when they found out they have been breaking the law this whole time," the mayor told CNN."Every year when the kiddos come to town hall, I point out little laws we have, and I challenge these third-graders to change them. Dane was the first student to take me up on this, and I'm very proud that he did."After winning his argument, Dane was given the town's first legal snowball to throw in celebration. His parents couldn't be more excited."We are proud of him for taking initiative to make some change, no matter how small it may be," Derrick Best, Dane's father, told KCNC. CNN has reached out to Dane's parents for further comment.As for Dane's next challenge? According to KCNC, another current town law allows a maximum of three pets per household and only includes cats and dogs. So Dane plans to launch a campaign on behalf of his (illegal) pet guinea pig. 2312
Heather Locklear has pleaded not guilty to charges related to an alleged domestic dispute, according to the Ventura County, California, district attorney's office.The actress was not in court Thursday for the plea, which her attorney entered on her behalf.Locklear is charged with five misdemeanor counts: four counts of battery on a peace officer and one count of resisting, obstructing or delaying a peace officer.Police were called to Locklear's home in Thousand Oaks, California, in February regarding a domestic incident between the actress and her boyfriend.Authorities declined to identify Locklear's boyfriend.The former "Melrose Place" star, 56, was taken into custody. Ventura County sheriff's deputies said at the time that Locklear was "extremely uncooperative and physically combative."Locklear was released on ,000 bail.The actress has not commented on the incident.A pretrial conference is set for June 7. 937
GENEVA — The head of the World Health Organization says he will self-quarantine after being identified as a contact of a person who tested positive for COVID-19. Tedros Adhanom Ghebreyesus tweeted that he is “well and without symptoms” but will self-quarantine in “coming days, in line with WHO protocols, and work from home.” The U.N. health agency director-general chief has been at the forefront of the global response to the coronavirus pandemic. It has infected at least 46.5 million people and led to more than 1.2 million deaths, according to a count by Johns Hopkins University. 594
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