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Suffering from slumping sales and mountains of debt, Toys 'R' Us has filed for bankruptcy.The 69-year old Toys R Us was once the mecca of kids' gifts. But it was eventually overtaken by Walmart and ultimately Amazon.In its fight to stay relevant, Toys R Us amassed billion in debt. That came from slashing prices, signing major,exclusive licensing deals with toymakers and buying up other toy giants FAO Schwartz and KB Toys over the past decade. 467

Stroll your local mall and you may spot some empty storefronts where mannequins once stood draped in the latest fashions — possible casualties of what some have dubbed the “retail apocalypse.”Not everyone agrees it’s all doom and gloom for brick-and-mortar stores, but challenges certainly exist. Major retailers have announced plans to close thousands of locations in the U.S., and the final tally for 2017 could number around 9,500 stores, according to projections from Fung Global Retail & Technology, an industry think tank.But just because a store turns out its lights doesn’t mean the end is also nigh for your store credit card. Its fate depends on the retailer’s business plans and decisions made by the bank that issues the card. The better you understand the process, the better you can manage your credit and keep it in good standing. 857

The alarming, uncontrolled spread of COVID-19 continued on Thursday, as the U.S. set a record in new cases for a third straight day, recording 150,000 new cases in a single day for the first time.According to a database kept by Johns Hopkins University, at least 153,000 people were diagnosed with COVID-19 on Thursday — the 10th straight day in which the U.S. has recorded at least 100,000 cases.According to Johns Hopkins, the U.S. recorded its 10 millionth case of COVID-19 on Monday. As of early Friday morning, 10.5 million Americans were confirmed to have contracted the virus.The current unchecked spread of the virus has not been seen since March and April when the disease was spreading silently due to the U.S.'s lack of testing capabilities.Governors and public health experts throughout the country have pleaded with citizens to wear masks and follow social distancing recommendations. A number of states were looking to re-impose restrictions in hopes of keeping hospitals from filling up with COVID-19 patients.According to the COVID Tracking Project, 67,000 people across the country are currently hospitalized with the virus — the highest number since the start of the pandemic. Several states, like South Dakota and Iowa, have reported that hospitals are beginning to reach capacity.The COVID Tracking Project also reports that the current spike in cases has resulted in an uptick in deaths. For the past seven days, the U.S. is averaging 1,104 deaths a day — a rate comparable to a spike in cases in the summer months across southern states.Earlier this week, both Texas and California both reached 1 million confirmed cases in their states — and Florida isn't far behind, with 863,000 cases and counting.President Donald Trump is expected to receive a briefing on the current case spike at the White House on Friday, though the meeting isn't open to the press. Trump has made just once public appearance in the last week and has not made public comments since a Nov. 5 press conference in which he falsely claimed victory in the presidential election. 2078

Take some time this week to thank some of the three million nurses across the country who help patients heal every day. National Nurses' Week runs from May 6 to May 12 and if you are a nurse, there are some deals and freebies at businesses around town to help you celebrate.  298

Target announced Monday that it will not open stores on Thanksgiving this fall due to the coronavirus pandemic.The chain follows in the footsteps of Walmart, who made a similar announcement last week.Target added in its press release that it plans to extend holiday sale prices by several weeks. The company said Monday that holiday sales will begin in October, both online and in-store."This season, you can count on getting extra-big savings without the extra-long lines, with plenty of opportunities to score the best deals on the hottest items both before and after November 26," the company said in a press release.The retail giant also said Monday that it was adding an additional 20,000 items to its pickup and delivery services, including groceries and fresh produce. 783