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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
FULLERTON, Calif. (AP) — The Los Angeles Dodgers say Hall of Fame manager Tom Lasorda has been hospitalized in Southern California. The Dodgers said Sunday that their 93-year-old former manager was in intensive care and resting comfortably at a hospital in Orange County. Lasorda lives in Fullerton. He attended the team’s Game 6 victory over the Tampa Bay Rays on Oct. 27 in Texas that clinched the Dodgers’ first World Series title since 1988. Lasorda managed the Dodgers from 1976-96, guiding them to World Series championships in 1981 and '88, as well as four National League pennants and eight division titles. 623

Heavy rain this week could help quench the Camp Fire burning in Northern California, bringing with it an end to the threat of more wildfires this year but also new dangers.The rain will end "fire concerns for the winter," Robert Baruffaldi, a meteorologist in the National Weather Service's Sacramento office, told CNN Monday night.However, officials in Butte County are warning residents already devastated by the deadliest and most destructive wildfire in the state's history that rain arriving Wednesday could cause flash flooding and mudflows. The Camp Fire has killed 79 people, 64 of whom authorities have tentatively identified.The National Weather Service has issued a flash flood watch from Wednesday through Friday for the Camp Fire area. 756
GARFIELD HEIGHTS, Ohio -- The City of Garfield Heights and the Garfield Heights Police Department are facing an excessive use-of-force lawsuit after the Jan. 23 arrest of 28-year-old Kenta Settles.According to Garfield Heights police bodycam video obtained by WEWS, Settles, an unarmed black man, was punched, kicked and stunned with a Taser while he was on the ground, as police attempted to handcuff him.Jeremy Tor, the attorney representing Mr. Settles, Partner with Spangenberg, Shibley & Liber LLP, said officers taunted and used profanity on Settles as he laid on the ground handcuffed. 604
Ha llegado el momento para elegir el próximo presidente de Estados Unidos. El voto latino será clave, ya que los latinos constituyen un tercio de todos los votantes elegibles este a?o. Hoy veremos cuál candidato hizo mejor trabajo mostrando su apoyo a la comunidad latina.Según un estudio hecho por el Centro de Investigación Pew, la mayoría de latinos están inclinados a votar por Joe Biden. A la misma vez, hay muchos que apoyaran al Presidente Donald Trump. En estados como Florida, se espera que los cubanos voten por el Presidente Trump por sus esfuerzos de mejorar el país.Los latinos son un grupo diverso porque incluye personas que han estado en EEUU por varias generaciones, pero también a nuevos ciudadanos. Muchos latinos también son religiosos, de fe católica, cristiana, y protestante. A la misma vez, la comunidad LGBT está alzando su voz. También es un grupo complejo porque los latinos americanos vienen de varios países con diferentes costumbres. Expertos de política dicen que si un candidato gana el voto latino, tendrá mejor oportunidad de ganar la elección presidencial.Ahora que el país trata de frenar la pandemia de COVID-19, muchos latinos quieren saber como el próximo presidente tomará control de la economía, el coronavirus, y el cuidado médico. 1281
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