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NEW YORK (AP and KGTV) — Sears is closing 80 more stores, including six locations in San Diego, as it teeters on the brink of liquidation.The iconic retailer, once the nation's largest department store chain, set a deadline of Friday for bids for its remaining stores to avert closing down completely.Sears has not received any bids as of Friday afternoon.The retailer that began out as a mail order catalog in the 1880s has been in a slow death spiral, hobbled by the Great Recession and then overwhelmed by rivals both down the street and across the internet.The 80 stores are due to close by March. That's in addition to 182 stores already slated for closure, including 142 by the end of 2108 and 40 by February. The company filed for Chapter 11 bankruptcy protection in October , saying at the time it would close more than 20 percent of all stores, keeping open only its 500 most profitable locations.Sears Holdings Corp., which also runs Kmart, joins the list of retail brands taken over by hedge funds that collapsed under the weight of debt forced upon them.Under hedge fund manager Eddie Lampert, Sears has bought time by spinning off stores and putting on the block the brands that had grown synonymous with the company, such as Craftsman. The company's chairman and biggest shareholder, Lampert loaned out his own money and put together deals to keep the company afloat and to turn whatever profit he could for ESL hedge fund. Lampert and ESL have been trying to buy the rest of Sears for up to .6 billion in cash and stock.But no official bid appeared to have emerged as of 4 p.m. E.T. Friday. Sears declined to comment. 1642

NEW YORK (AP) — The owner of Eskimo Pie is changing its name and marketing of the nearly century-old chocolate-covered ice cream bar. It is the latest brand to reckon with racially charged logos and marketing.The treat was patented by Christian Kent Nelson of Ohio and his business partner Russell C. Stover in 1922, according to Smithsonian Magazine. Eskimo Pie joins a growing list of brands that are rethinking their marketing in the wake of the Black Lives Matter protests in recent weeks triggered by the death of George Floyd. Quaker Oats announced Wednesday that it will retire the Aunt Jemima brand, saying the company recognizes the character's origins are "based on a racial stereotype." 705

NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. In a press release, the company said they were closing all of their plus-size stores Catherines.The company also said in the release that they plan to "strategically reduce its footprint with the closing of a significant number of Justice stores and a select number of Ann Taylor, LOFT, Lane Bryant, and Lou & Grey stores."It joins other retailers that have filed for bankruptcy in recent weeks, including Brooks Brothers, Neiman Marcus, J.C. Penney, and J. Crew. These retailers were already struggling with poor sales, but the forced closure of stores in March to reduce the spread of the coronavirus put them further in peril. Experts believe that there will be another wave of bankruptcies this fall that will include companies that had been healthy before the pandemic struck. 1076

NOGALES, Mexico — Eighteen-year-old Joshua escaped violence in Guatemala with his father two months ago and has ended up just steps away from the U.S.-Mexico border.Saying that gangs control almost all of Guatemala, he says they will likely request asylum in the United States.The Kino Border Initiative, headquartered in Nogales, Arizona, helps provide for those fleeing danger who end up like Joshua: far from home and uncertain about the future."A lot of people are fleeing violence in the northern part of Central America and parts of southern Mexico," said Fr. Sean Carroll. "That reality is not changing."Immigration figures show that before 2013, only one in 100 asylum seekers was able to convince authorities they faced a credible fear of violence in their home country, a crucial step toward qualifying for asylum.Now, one out of every ten applicants is able to meet that standard.The asylum process has been under intense political scrutiny as thousands of people have organized into large groups and moved to seek a better life in the United States.The caravans have drawn increasing criticism from President Trump and others in the White House, who have looked for ways to thwart the migrants' ability to enter the U.S. or request asylum.For Joshua, he says he has one request for immigration officials: do him the favor of saving his life. 1386

NEW YORK (AP) — Microsoft said Friday it is permanently closing nearly all of its physical stores around the world.Like other retailers, the software and computing giant had to temporarily close all of its stores in late March due to the COVID-19 pandemic.Microsoft has 83 stores, including 72 stores in the U.S., where it showcases and sells laptops and other hardware.The company says it will "reimagine" spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations.Friday’s announcement reflects what the company calls a “strategic change” for its retail business as sales increasingly shift online.Microsoft said all employees would have the opportunity to remain with the company. Retail workers will continue to serve customers from corporate facilities and remotely, providing sales, training and support.Microsoft says it will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets.“Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location,” said Microsoft Corporate Vice President David Porter. “We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.” 1488