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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 YORK (AP) — Walmart said in a press release that the ammunition and firearms removed from displays at U.S. stores on Thursday was returned to the sales floor on Friday.“After civil unrest earlier this week resulted in damage to several of our stores, consistent with actions we took over the summer, we asked stores to move firearms and ammunition from the sales floor to a secure location in the back of the store in an abundance of caution," the company stated in a news release. "As the current incidents have remained geographically isolated, we have made the decision to begin returning these products to the sales floor today.”Walmart said on Thursday that it had removed ammunition and firearms from displays at U.S. stores, citing "civil unrest" in some areas. The nation's largest retailer, based in Bentonville, Arkansas, sells firearms in about half of its 4,700 stores. The discounter said the items remained available for purchase by customers. Walmart made a similar move in the wake of the police killing of George Floyd that set off sometimes violent demonstrations against police brutality and injustice against Blacks. Last year, Walmart stopped selling handgun and short-barrel rifle ammunition while requesting that customers not openly carry firearms in its stores, even where state laws allow it. The company also ended the sale of handguns in Alaska, the only state where the discounter sold them. 1432

NEW YORK (AP) — An annual tribute to John Lennon held in his adopted city of New York will go online like so many other events during the coronavirus pandemic. Organizers said there was no way they'd miss it, not on what would have been the former Beatle's 80th birthday and their 40th year of gathering to pay homage. The five-hour event will be streamed for free on Lennon's birthday, October 9, starting at 7 p.m. Eastern time on the LennonTribute.org website. “For 40 years, Theatre Within has remembered John with its heartfelt annual tribute, while having a powerful positive impact with its John Lennon Real Love Project music program for those impacted cancer," Yoko Ono said on the event's website. "What a wonderful way to honor John and his highest values!” It will feature recorded performances from Patti Smith, Rosanne Cash, Natalie Merchant, Jackson Browne, Jorma Kaukonen and others.Since there aren't any tickets being sold, contributions are being accepted for programs that benefit people affected by cancer. 1035

North Korean leader Kim Jong Un said the regime no longer needs nuclear tests or intercontinental ballistic missile tests, state-run KCNA reported Saturday.Kim said Saturday that "under the proven condition of complete nuclear weapons, we no longer need any nuclear tests, mid-range and intercontinental ballistic rocket tests, and that the nuclear test site in northern area has also completed its mission," as quoted by KCNA.A North Korea source told CNN that Kim has finally decided to open up a new chapter for his nation. 534

NOBLESVILLE, Ind. -- A Noblesville, Indiana woman says a trip to the spa with her daughters ended with a serious infection and a long stay at the hospital.Jennifer White said she got the pedicure nearly two weeks ago at “Nails and Lounge” in Noblesville.Over the next two days, White said she noticed her foot start swelling and turning purple and decided to go to the emergency room.She was admitted to the hospital last Tuesday with a severe infection and she’s been there for nearly a week.“I was worried I could possibly lose my toe. I could lose my foot,” said White. “I’m out of work … all for that 35 minutes of getting a pedicure.”White says the doctors tell her that the scrapings on her foot probably caused a small incision which allowed an infection to enter her foot.“I’m still here and they’re saying it’s due to the fact that I went to the nail salon… unclean, unsanitary and it’s made the infection settle in my foot,” said White.According to the Indiana Administrative Code, the use of razor devices to shave, reduce or remove calluses or corns is prohibited at spas in the state.Nails and Lounge’s manager says they did not use any prohibited devices and that they sanitize and dispose of all tools according to state law. She says they also bleach the pedicure tubs after each use, but have ordered plastic liners for each tub because of this experience.The spa manager denies that their pedicure caused the infection but says they are open to working with White to pay for her medical bills.  1525

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