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America's oldest department store is officially closing.Lord and Taylor announced Thursday they would be shutting down their remaining 38 stores. The high-end retailer began as a Manhattan dry goods store in 1824. It was sold last year to the French rental clothing company Le Tote Inc.Lord and Taylor filed for bankruptcy on August 2.The company said the initial plan was to leave some stores open but decided it was a better financial decision to close all the stores.The liquidator for the company said customers could expect deep discounts on merchandise both in stores and online."This Going Out of Business event gives shoppers the opportunity to take advantage of exceptional savings on notable brands at rarely seen discounts," a spokesperson for the joint venture stated. "Customers will continue to experience the superior service and value they've come to expect from this iconic retailer."The company said going out of business sales at the remaining stores will begin Thursday. 998

An apple and an honest mistake have saddled one Delta passenger with a 0 fine and a big bureaucratic headache.Crystal Tadlock got off a plane last week in Minneapolis after an 8?-hour flight from Paris. She was supposed to catch a connecting flight home to Denver, so she decided to save an apple she had been given as part of the in-flight meal service."I put it in my bag, not thinking anything of it," Tadlock told CNN.But before her next flight she had to go through customs, where she was stopped by a Customs and Border Protection Agent. 554

ARAPAHOE COUNTY, Colo. -- Bags of clothes are piled up in Liz Keenan’s home office, racks of clothes are taking over Kimberly Jarrett’s family room. Both women invested thousands of dollars in the popular clothing company LuLaRoe and now worry they could be out some serious cash.Denver-based KMGH talked to and exchanged messages with at least 15 different women, they all told a similar story about a business they loved and broken promises.The California-based company was slapped with a class-action lawsuit accusing it of running a pyramid scheme. The company fired back saying that the lawsuits are “factually inaccurate and misinformed,” The Associated Press reported.“Plaintiffs and so many other consultants were never able to realize any actual profit and, as a result, they failed,” the Oct. 23 filing says. “They failed even though they were committed and put in the time and effort. They failed because they were doomed from the start.”Keenan said she started selling LuLaRoe about a year ago after she fell in love with the company’s comfy dresses. The mom of two teenage boys works part-time as a massage therapist and wanted a new challenge.“You heard stories. You know, I know one lady -- she was able to buy her house full out, and her husband was able to retire. You know, you hear those stories and I knew her personally,” said Keenan.She spent about ,500 to start up her business and estimates she has bought somewhere around ,000 in clothes. She resigned this summer and the company sent her an email stating she would get a 100-percent refund if she mailed the leftover clothes back.Keenan says she was in the middle of a move and by the time she went to mail the clothes back, the company had cancelled that offer.“It was very disappointing, it just kind of made you sick to your stomach,” said Keenan. She has 15 tote bags full of clothing that she wants to sell, it’s probably worth at least ,000.Keenan is far from alone. KMGH’s Liz Gelardi talked with a woman from Westminster, Colorado who believes she has anywhere from ,000 to ,000 in inventory. A woman from Greeley says she is left with ,000 and a single mom from Ft. Collins has ,000 worth of inventory crammed in a two-bedroom apartment with her kids.The women who talked to KMGH about their experiences all wanted a way to make a little extra money and like the appeal of working from home. Some of the women who were “trainers” -- meaning they had people working under them said they did make money.Kimberly Jarrett said she met lots of friends through LuLaRoe and said it really helped her family have a better life. She decided to part ways because she felt like the company’s values shifted.“They had their policies and they ended this offer and it hurt a lot of people and it hurt two of my personal teammates,” said Jarrett.She has an estimated 500 pieces of clothing sitting in her living room. Ex-retailers feel like they’ve been left with no choice but to discount the items even though they had been told not to.LuLaRoe is offering a 90 percent refund, but several women told KMGH they’ve been waiting months to get their money back. Jarrett said if she sent the clothes back she would have to pay for shipping and all her bonuses would be deducted from the amount she was owed.Many of the same consultants also told KMGH they knew what they were getting into and understood they would be taking on some when they opened a business. They also expressed concern about hurting the other consultants if they sold their merchandise at a discount.“The people that are trying to hold on I wish them all the best and I want them to hold on and I want them to succeed… but I’m just going to have to watch and hope for best for them,” Jarrett said. 3765

Amy Andrle and her husband grow and sell recreational marijuana at their Denver dispensary L'Eagle."We're a true mom-and-pop shop,” Andrle says. “We have everything riding on this."This year, Colorado marijuana sales already passed billion. But it’s a valuable industry that comes with a lot of rules. "On any given day, you could be subject to people stopping in to see how you're conducting your business," the owner says.State and local governments keep a close eye on the industry. As it evolves, the regulations constantly change. With marijuana on ballots again in the upcoming election, Andrle hopes the "green rush" that hit Colorado continues to spread. “I think there's going to be an anti-federal prohibition at some point,” Andrle says. “I think consumers deserve that. They all should have a right to the same medicine if you look at it from a strict medicinal standpoint there are so many benefits that come to it. Why shouldn't every state have that?"Michigan and North Dakota are voting whether or not to legalize it in the upcoming election. Recreational use is already legal in nine states, as well as in Washington D.C. 1169

Amid yet another scandal, Facebook is facing calls from investors and critics to shake up its leadership.But in an exclusive interview on Tuesday, CEO Mark Zuckerberg said he intends to stay on as chairman and that his No. 2, Sheryl Sandberg, isn't going anywhere either."Sheryl is a really important part of this company and is leading a lot of the efforts to address a lot of the biggest issues that we have," Zuckerberg told CNN Business' Laurie Segall. "She's been an important partner for me for 10 years. ... I hope that we work together for decades more to come."Asked if he would step down from the chairman role, Zuckerberg said, "that's not the plan."Last week, a New York Times report claimed the company had been not been transparent enough about Russian interference during the 2016 US election on its platform. The report also said Facebook hired a PR firm called Definers Public Affairs to dig up dirt on its competitors. The group also reportedly encouraged reporters to examine the links between liberal billionaire George Soros and activists protesting against Facebook.Zuckerberg also defended his C-suite and said he made substantive changes to the broader organization throughout the year."If you look at the management team at the end of 2018, it's quite different from what it was at the beginning of the year," he said. "On the product and engineering side, we completely restructured things."In May, Facebook underwent a major leadership shake up, and shuffled the executives in charge of its most popular apps, such as WhatsApp and Messenger. It also moved some top talent to work on new ventures like blockchain.Zuckerberg also pointed to new leaders in marketing, partnerships and communications. In addition, the company recently hired Former UK Deputy Prime Minister Nick Clegg to lead global affairs.Still, Zuckerberg wields extraordinary power at Facebook (FB). He holds the majority of voting power in the company.The-CNN-Wire 1967