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NEW YORK (AP) — Lord & Taylor is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the COVID-19 pandemic.Household retail names, many longtime anchors in malls nationwide, were already struggling to keep up with a radical reformation in what people buy, and where they buy it. Much of that activity has moved online.Thousands of store closures forced by the arrival of COVID-19 has proved too much.Lord & Taylor, which began as a Manhattan dry goods store in 1824, was sold to the French rental clothing company Le Tote Inc. last year. Both filed for bankruptcy protection, separately, in the Eastern Court of Virginia on Sunday. 745
Nine West Holdings, which owns the Nine West and Anne Klein brands, has filed for bankruptcy.Friday's chapter 11 filing shows that the company owes more than billion.Nine West said in a statement that it plans to sell Nine West and its Bandolino line to Authentic Brands Group. ABG owns Juicy Couture and Aéropostale, among others.The company's eponymous brand and Bandolino both sell women's shoes, handbags and accessories.Ralph Schipani, the struggling retailer's CEO, said that the restructuring will help the company reduce debt and increase growth by allowing it to focus on its stronger brands, like Anne Klein and One Jeanswear Group."This is the right step," Schipani said. "We will retain our strong, profitable and growing apparel, jewelry, and jeanswear businesses." He added that the changes should help the company to "be well positioned for the future."Nine West said it expects to continue operating normally during the bankruptcy process.The company, which has been owned by Sycamore Partners Management since 2014, joins a growing list of retailers that have filed for bankruptcy this year. Claire's filed for bankruptcy last month, and Toys "R" Us in September. The toy seller said recently that it is closing or selling all of its US stores.Last year, more than 7,000 stores closed, which set a record.Retailers have been struggling to compete with online retailers like Amazon, and suffering from the death of the mall. Many have also struggled to survive under mountains of debt.The-CNN-Wire 1524
NEW: A picture from Scranton. Joe Biden just signed this on the living room wall in his childhood home here. For context, he did this in the bedroom during the 2008 race. @axios pic.twitter.com/R9sKjG6Ktv— Alexi McCammond (@alexi) November 3, 2020 255
NORTH PARK, Calif. (KGTV) - Business leaders in North Park say a little-used parking garage could help solve the debate over adding bike lanes to 30th street.The City, as part of its plan to reduce greenhouse gases, wants to install bike lanes along a nearly 2-mile stretch of 30th street, from Juniper to Howard.NORTH PARK, Calif. (KGTV) - Business leaders in North Park say a little-used parking garage could help solve the debate over adding bike lanes to 30th street.To do so, they would have to remove parking from the street. One plan would take away as many as 420 spots.That has residents and shop owners worried about the impact it would have on the area.RELATED: City could replace hundreds of parking spaces in North Park with bike lanesBut North Park Main Street, a local group representing businesses in the neighborhood, says the solution is hiding in plain sight.They point to a six-story parking garage as the answer. The garage, located along 30th Street, has room for 383 vehicles. According to a recent study, it's rarely ever more than 50% full. That means about 200 spots are going unused."I will watch people come into North Park and circle the parking garage looking for a parking spot, not knowing they're circling a place with 400 available ones," says Angela Landsberg, the Executive Director of North Park Main Street.Landsberg says the garage is often empty because there aren't enough signs letting people know it's there. She also says the only entrance, on 29th Street, makes it hard for people to access. She'd like to see the owners do more to promote it as an option for parking in the area."I think that people are not used to getting out and walking," she says. "The expectation is that we are going to pull up and have parking right next to the businesses that exist and that's not realistic looking forward."The garage charges an hour, with a daily maximum. It also charges flat rates during special events. Landsberg says it's just a matter of changing people's habits when they come to North Park."There are other communities that would kill to have a parking structure like this," she says.ACE Parking, who operates the garage, send the following statement to 10News:"ACE supports efforts by the City of San Diego and other cities to encourage alternative mobility options like cycling. Through our Mobility Solutions Division which was launched in 2018, ACE is providing solutions for clients like the City of San Diego to support local businesses while enabling initiatives like bicycle lanes. In this case, solutions to improve the utilization of North Park off-street facilities could include promoting off-street parking by communicating live space availability counts, enhancing on-street signage, enabling online reservation options, establishing convenient parking application options, and initiating fully integrated validation options. " 2905
Newly released dash cam video shows a drunk driver talking with police officers just minutes before he got back into his car, drove off and then collided head-on with a woman, killing them both.The incident happened December 30, 2017.Testing would later determined that Desten Houge's blood alcohol level was nearly three times the legal limit.The video show the aftermath of a single car accident, where Houge lost control and then ended up in the ditch. That accident happened around 4 p.m.Pittsfield Township Sgt. Matthew Hornbeck can be seen talking with Houge and then helping him up after he fell down.Hornbeck would call a tow truck to get the 32-year-old Houge's car out of the ditch. The driver discovered the rear sway bar was busted, but the car was still drivable.Hornbeck and another police officer would clear the scene, but they did not give Houge a field sobriety test.Roughly an hour later and another 1,000 feet down Michigan Avenue, witnesses reported seeing Houge's car fishtailing, then crossing the center line, slamming into another vehicle driven by 55-year-old Lake Jacobson, who died four days later of injuries suffered in the crash.In police reports obtained by Scripps station WXYZ in Detroit, witnesses describe being surprised by the speed Houge was driving, considering he was losing control.Another witness, who swerved to miss Houge, said they saw car parts flying before the collision.The reports cite car condition and a possible collision with a pothole as a factor in the crash. However, those reports were from before Houge's autopsy came back, establishing he had a BAC of .24, as well as THC in his system.Both Hornbeck and the other officer who helped Houge before the fatal accident said they did not notice any signs of impairment.WXYZ was unable to reach Pittsfield Township Police for comment. WXYZ also was unable to reach the families of Houge and Jacobson. 1978