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Toys "R" Us is on its way out, but KB Toys is set to pop back up.Strategic Marks, a company that buys and revitalizes defunct brands, owns the KB name and plans to open 1,000 pop-up KB Toys stores for Black Friday and the holiday shopping season."My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go," said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. "That's a big, big void that we're hoping to fill up."Toys "R" Us, which filed for bankruptcy last year, announced last week that it expects to close all of its 735 stores in the US. Those closures will put 31,000 people out of work and hurt toy manufacturers that depended on the national retailer for distribution.Kassoff said he's been in contact with Hasbro Inc. and Mattel, Inc. and up to 200 smaller toy suppliers who are looking for new brick and mortar retailers. He said he plans to take advantage of a glut of toy manufacturers that have inventory but no place to sell it.To get a quick retail footprint, Kassoff said he's working with companies that specialize in holiday and pop-up retail, like Spencer Spirit Holdings Inc., Go! Retail Group, and Party City Holdco Inc."We're talking to companies that know how to do it, they have a methodology, they're used to rolling out stuff real quickly," he said.After the holiday shopping season ends, Kassoff will decide which of the pop-up stores will become permanent, based on their performance and whether he can negotiate a lease.Strategic Marks bought the KB Toys brand from Bain Capital in 2016. Bain is the same company that bought Toys "R" Us and took it private in 2006, a process that left the toy company?saddled with .3 billion in debt, from which it never recovered. 1843

Think about this: working 80 percent of the hours for 100 percent of the pay.It's a concept a Denver company wondered if it’d work for them. This summer, Uncharted decided to put it to the test.CEO Banks Benitez says he started looking into it in 2019. He brought it to his executive board, and they decided it was something they were going to implement in 2020. Then, COVID-19 happened."So, we asked this question, 'Do we need to be working like crazy hours right now or do we need to really think about how we care for the mental health of our team and give people some space?'" said Benitez.This summer, they launched an experiment, hiring a third-party company to evaluate the efficacy of the experiment. The team worked Monday through Thursday, taking every Friday off. The hours were not made up throughout the week. The team worked four 8-hour workdays.They looked at three main things: performance, culture, and mental health."Performance stayed the same and was constant over the course of the experiment compared to previous performance," said Benitez.Culture, he says, slightly improved at the Denver-based company. People felt just as or a little more connected to members on their team.Lastly, to no surprise, mental health improved."I know that our best work comes when our team is healthy when our team is mentally healthy, when our team is aligned and in touch with each other," said Benitez.Benitez says there’s a different mentality that his employees bring in when they have a four-day workweek. They’re more focused and clearer about priorities. However, there are some downfalls"There’s a little bit less buffer time to kind of just go with the wind. You have to be really thoughtful about how you structure your time. And of course, the benefit of that is, Fridays are off," said Benitez.That helps lead to more downtime and time to refresh before starting the work grind again Monday morning."How do we situate Uncharted within the broader life that they’re living, [whether] that’s family, kids, adventures, travel, all that stuff. And if we can do that, I think the team will come back and perform better," said Benitez. 2153

TRABUCO CANYON, Calif. (KGTV) -- People throughout Orange County and in North San Diego County are taking to social media to share photos of the Holy Fire burning in Cleveland National Forest. The fire started as a seven to 10 acre fire in a canyon and, within three hours, grew to more than 1,000 acres.The brush in the area hasn't burned in more than 40 years, leaving excess fuel for the blaze to burn through. RELATED: Blaze dubbed Holy Fire spreading quickly in Orange CountyAlmost immediately after a large plume of smoke shot into the air, people throughout Southern California began posting images on social media.  661

There’s been a significant bounce back in the U.S. job market, according to the U.S. Bureau of Labor Statistics’ latest monthly unemployment report. In June, 4.8 million people were able to go back to work.Businesses in hospitality and leisure added 2.1 million jobs. Food services and drinking establishments added 1.5 million jobs, while retail saw 740,000 workers return to work.“The job market bounced back pretty strongly in June, but we have to keep everything into perspective,” said Ryan Sweet, an economist and Head of Monetary Policy and Research for Moody’s Analytics.Sweet says compared to where the U.S. was prior to the pandemic, jobs are still down by roughly 15 million.Economists, like Sweet, believe the job rebound seen in June is likely over, and the U.S. job market will likely reflect a lull in July.“The lull, it is unclear how long that will last,” Sweet said. “We are hoping until the end of this year.”As coronavirus cases continue to surge in the U.S., the hope for just a lull dwindles and worry about another decline in employment grows.Companies like United and American airlines are already signaling major job loss could come in the near future. Both companies recently reported they may have to each layoff 25,000 workers. Analysts predict if other airlines have to do the same, the industry could lose up to 250,000 jobs.That’s hundreds of thousands of potential jobs lost in just one industry, and many others are signaling a similar situation.“The ones that I am most nervous about are state and local governments because it seems that there is less urgency for lawmakers to pass fiscal stimulus,” said Sweet. “If we don’t get another round of fiscal stimulus, this lull is going to turn into a contraction.”Congress has been talking for two months about another stimulus package, but there is no clear signal that one will come in time. 1881

There's a new concept to contraception, and you may start seeing more advertising for it soon.It's an app, and the U.S. Food and Drug Administration (FDA) just gave it the green light to start marketing.Natural Cycles claims to help prevent pregnancy by allowing women to track the days they are most fertile. It uses a woman's monthly cycle information and their body temperature, which users input daily.The app provides a calendar of green and red days. Green days indicate you're not fertile, while red days suggest you are.The app claims its’s 93 percent effective if used correctly. That estimate may be high though.Planned Parenthood, in general, claims fertility awareness is only between 76 and 88 percent effective.Regardless, the app does nothing to prevent sexually transmitted diseases.   The president of Advocates for Youth, a national organization that promotes young people’s rights to sexual health information, says there are some concerns surrounding the app.“Especially for many younger women, their cycle isn’t exactly regular, so if you've got an irregular cycle or you really don’t understand the implications of using fertility awareness, it’s a tough method to use,” explains Deb Hauser. “It’s not by any means foolproof.”The Natural Cycles app costs for a year or a month.The free trial offer isn't really going to help you, because it takes a few months for the app to get to know your body. 1445

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