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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

NEW YORK (AP) — A stage production of Ta-Nehisi Coates’ “Between the World and Me,” his prize winning book about racism and police violence, is being adapted by HBO for a special this fall. HBO announced Thursday that the program will feature readings from Coates’ book and will be directed by Apollo Theater Executive Producer Kamila Forbes. She directed the stage production of “Between the World and Me″ in 2018 at the performance center in Harlem. Coates’ book, published in 2015, is structured as an open letter to his son about what to expect as a Black man living in the United States. 600

New payment options are popping up in your online shopping cart.There's been an explosion of retailers, including Amazon and Target, adding buy now, pay later options.“In general, I'm not a huge fan of these services really, because I'm worried about any sort of consumer debt,” said Ted Rossman, a financial expert at Bankrate. “And if you don't really have the money to pay for it today, but you think you'll have it in six weeks, that's a slippery slope.”Rossman says point-of-sale apps have seen triple digit growth over the holiday season.They typically require a payment up front and a few more payments spread out over six weeks or so. If you pay on time, usually there's no interest or fees.Rossman says research has found that almost half of buy now, pay later customers have paid late at some point, mainly because they were disorganized.Stores like them for several reasons, including because they tend to get people to spend more.“They also like the potential loyalty and big data play that they can actually learn a lot about their customers, and they work very closely with a lot of these services,” said Rossman.Most buy now, pay later lenders typically do a soft credit check. They won't typically help you build credit, but they could hurt your credit if you pay late because they will report that.“I just think that's a little bit short sighted, because if you use a credit card and are paying full, you avoid interest, but you get better promotions, you get rewards, you get better buyer protections,” said Rossman.Rossman says these options are appealing even to people who have credit, because of their predictability.He thinks we will see more of these with retailers not being able to push store credit cards as much with fewer in person shoppers. 1778

NEW YORK -- Lori Gaeta gets a cup of coffee every day at a cafe on Lexington Avenue in New York City.Last week, she got a cup coffee and started a conversation with a homeless man that changed both of their lives.Gaeta says she met the homeless man, named William, on 61st Street. It was a conservation she couldn't get out of her mind.“He was paralyzed in a broken down wheelchair. I just felt he could use a blessing,” said Gaeta.All she knew about him is he is 61 years old and his name is William, he became paralyzed and is now homeless.She noticed his wheelchair was being held together with duct tape and was falling apart. She asked him if it was alright for her to get him a new chair.Gaeta sprung into action and started an online quest asking for help posting on a site called Nextdoor. Generous New Yorkers immediately came forward offering used chairs.Then a total stranger, named Elizabeth Menegan, offered to buy William a new chair, spending over 0.“You know that saying it takes a village to raise a child? Well, this took an entire neighborhood to bless this man. He has no idea he had a brand new chair coming to him,” said Gaeta.William says he is grateful for the generosity of so many strangers.“I don’t know her but I give her respect,” said William.Gaeta says this story is more than getting William a wheelchair, she hopes that she can help William find a home.This story was originally published by Monica Morales at WPIX. 1459

NEW YORK (AP) — Long before he was a music icon in skintight jeans, leather jacket and designer stubble, George Michael was something else — awkward, chubby and insecure. He even went by the very unhip nickname Yog.A loving portrait of a young, striving Michael is offered in a new book by his closest friend and former bandmate, Andrew Ridgeley. His "Wham! George Michael & Me" is part memoir and part monument to one of the biggest pop stars of the 1980s."The point of the book was really to illustrate our friendship and how it really formed," Ridgeley told The Associated Press. "It's very difficult to put it into words or really put your finger on exactly what it was that people found so attractive about Wham! But it was a lot to do with George and me and our friendship."In the book, Ridgeley traces the rise of Wham! and key moments in the band's career, like the creation of hits like "Careless Whisper" and "Everything She Wants," their appearances at Live Aid and the time in 1985 when the band became the first Western pop group to visit China.But while this may be Ridgely's memoir, Michael looms large and the book peters out after Wham! broke up in 1986 as Michael's star soared, almost as if the most interesting thing Ridgeley has to write about is his friend, who died on Christmas Day 2016.There are fun anecdotes, such as the drunken hijinks that accompanied the video shoot for "Last Christmas," the reason why Ridgeley wasn't part of Band Aid and the note he drunkenly wrote on his parents' fridge that became the title of a Wham! hit: "Mum, wake me up up before you go go."The book also deals with more weighty subjects, like how their lives changed as tabloids stalked the pair and that during the band's life Michael realized he was gay but remained closeted. It was a business decision to stay there."He felt it would undermine us and our chances of success. And it was very important to both of us that Wham! was a success that we wished for," Ridgeley said. "It was tough for him. There's no doubt about that. And it caused him a great deal of discomfort."Ridgeley met a 13-year-old Michael — born Georgios Panayiotou to a Cypriot family — in 1975, at school in Hertfordshire, England. They quickly bonded over a shared sense of humor and music, both loving Queen, Elton John and David Bowie.The pair formed a ska-influenced quintet called The Executive and then in 1981 re-emerged as a duo, taking the name Wham! from their first completed song, "Wham Rap."Ridgeley, 56, writes that Wham! was never meant to last very long, saying the youth-driven duo was intended to "burn brightly, but briefly." Ridgeley just wanted to form a band, write music and perform. Michael soon outgrew his bandmate and their breakup was amicable. "I achieved my ambition early in life," Ridgeley said.The book charts the evolution of Michael from a frumpy, uncool kid who collected Spider-Man comics into a superstar, with detours into very tight Fila shorts and plenty of hours of hair teasing. Ridgely has a few well-intentioned cracks at Michael's early fashion mistakes and his later endless obsession with his appearance."He struggled with his looks and his weight as an adolescent," Ridgely said. "His transformation, in every sense, is quite amazing. Music and the career that he chose, allowed him to become, in some ways, the man in his mind's eye."Ridgeley said he didn't always handle the tabloid press very well, unable to shake the "Animal Andy" or "Randy Andy" labels as a hard-partying pop star. In many ways, the book is a lesson for any wannabe pop stars out there about the pitfalls ahead."If I was advising the 20-year-old Andrew Ridgeley from this perspective, I'd be telling him to do things very differently," Ridgeley said."Perhaps the biggest lesson that I would say is the one to learn is not to let fame and fortune get inside your head," he added. "Give yourself a healthy bit of distance between your fame and reality because they are two different things."Among the book's highlights are the dozens of photos included, complete with witty captions from Ridgeley. One of the duo wearing swimsuits is labeled "poseurs," another of them dancing onstage is given "prancers" and a third of them joking around gets "prats.""I had great fun doing that. I could just imagine George next to me going through those," Ridgely said. "It was important that whilst the music and the making of the music was serious business, we weren't a serious business." 4493

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