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Hold off on that funeral dirge for Macy's. The department store isn't dead yet.Macy's topped Wall Street's profit forecasts Tuesday and provided a healthy outlook for this year.The results strongly suggest there is still room for traditional stores in the mall in a world increasingly dominated by the likes of Amazon and Walmart.Macy's chairman and CEO Jeff Gennette said the company was "encouraged" by improvement at the company's brick-and-mortar stores and continued growth in online sales.Gennette said digital revenue posted a double-digit percentage increase for the 34th quarter in a row, a run of more than eight years.And the company is still investing heavily in its Bluemercury chain of specialty beauty stores and the discount outlet Backstage. Macy's said it opened 36 Bluemercury stores and 30 Backstage stores last year, even as it closed 16 Macy's stores.Gennette added during a conference call with analysts that Macy's plans to open 100 more Backstage locations this year, including in malls.Macy's is also selling real estate to shore up its balance sheet. The company said it raised 1 million last year and .3 billion over the past three years by getting rid of some stores, warehouses and parking garages.Macy's is also working with real estate company Brookfield Asset Management on other transactions.Macy's said Tuesday it is selling several floors in its State Street store in Chicago to a real estate fund backed by Brookfield for million. Brookfield plans to convert the floors into office space.All this is good news for Macy's. But one analyst said Macy's needs to do more before its turnaround qualifies as a true Miracle on 34th Street."There is a long tail of shops that look dated, are in sub-optimal locations, and where the customer experience is poor. Macy's must remedy this if it is to transform the business," Neil Saunders, managing director of GlobalData Retail, said in a report.Nonetheless, the real estate transactions and improved sales outlook are two reasons Wall Street has fallen in love with Macy's again.The stock surged nearly 12% in early trading before pulling back a bit. Macy's has soared more than 45% in the past six months.Department store chains Kohl's, Nordstrom and JCPenney — which will all report results later this week — rallied as well Tuesday. Another chain, Dillard's, rose 12% too after it also posted strong quarterly results.Investors are clearly betting that Macy's wasn't the only traditional retailer that had a happy holiday season. 2527

Hostess issued a voluntary recall of its Cookies ‘n Crème Brownies on Aug. 3 due to a labeling error.The “contains” statement on the brownies does not list “egg” as an allergen. Although the ingredient list on the packaging includes “egg”, the “contains” statement, which is intended to alert consumers of allergens in the products, does not include “egg”. Hostess said in a press release it was recalling the product out of "an abundance of caution."The following products are affected by the recall:No reports of injury or illness have been reported."Only those consumers who have an allergy or severe sensitivity to egg are potentially at risk of an allergic reaction if they consume these products," the press release said. "Anyone who has purchased an affected product and who has a sensitivity or allergy to eggs is encouraged to discard the affected product or return it to the place of purchase for a full refund." 955

HOLLYWOOD, Calif. (KGTV) - A shirtless, barefooted man ventured up a crane at a Hollywood construction site Sunday night, leading to an hours-long standoff with emergency personnel.The unnamed man was draped in an American flag as he climbed the crane near the intersection of Hollywood Boulevard and El Centro Avenue around 5:15 p.m. according to Los Angeles Fire Department spokeswoman Amy Bastman."It was unclear why the man climbed the crane, which rises some 200 feet off the ground," according to Bastman. RELATED: MAN THROWN FROM CAR PERFORMING STUNTPolice cut power to the crane to help contain the situation.Throughout the ordeal, the unidentified man scaled the crane, jumped onto the roof of the building under construction, and the nearby scaffolding.RELATED: CHP CRACKING DOWN ON RECKLESS MOTORCYCLISTSAround 8:15 p.m. Los Angeles police officers were able to apprehend and take him safely into custody.After being assessed by LAFD paramedics, he was taken to a hospital for a mental evaluation. No further information has been made available about the suspect. 1092

HEY TIM HEY @realDonaldTrump SO HAPPY IM GLAD TO BE LIVING RENT FREE in your HEAD. #BidenHarris https://t.co/k2ODfQNkF3 pic.twitter.com/Iy3Nj8aYMR— Lady Gaga (@ladygaga) November 1, 2020 194

Here's what's making headlines in the political world on Wednesday, Jan. 2, 2019:Lawmakers gather for border security meeting -- Democratic and Republican congressional leaders are expected to attend a briefing on border security at the White House as the government remains partially shut down and President Donald Trump asks in a tweet, "Let's make a deal?"The partial government shutdown began on Dec. 22. Funding for Trump's pet project, a wall along the U.S.-Mexico border, has been the sticking point in passing budgets for several government departments.The briefing is scheduled the day before Democrats are to assume control of the House and end the Republican monopoly on government. Read more Trump lashes out at Mitt Romney -- President Donald Trump fired back at Mitt Romney after the Republican senator-elect penned an op-ed saying Trump "has not risen to the mantle of the office.""Here we go with Mitt Romney, but so fast! Question will be, is he a Flake? I hope not," Trump tweeted, referring to retiring Arizona Sen. Jeff Flake, a Republican who has criticized the President often in the last few years. "Would much prefer that Mitt focus on Border Security and so many other things where he can be helpful. I won big, and he didn't. He should be happy for all Republicans. Be a TEAM player & WIN!"Romney, who is set to take office Thursday, criticized the President's character in a Washington Post op-ed Tuesday, saying that Trump's "conduct over the past two years, particularly his actions this month, is evidence that the President has not risen to the mantle of the office." Read more Unsanitary conditions reported at National Parks amid shutdown -- Human feces, overflowing garbage, illegal off-roading and other damaging behavior in fragile areas were beginning to overwhelm some of the West's iconic national parks, as a partial government shutdown left the areas open to visitors but with little staff on duty.The partial federal government shutdown, now into its 11th day, has forced furloughs of hundreds of thousands of federal government employees. This has left many parks without most of the rangers and others who staff campgrounds and otherwise keep parks running. Read moreCNN and AP reports compiled by 10News 2260