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It sounds outdated, but Cyber Monday is still a thing.The day of online sales was invented by retailers in the early days of the internet.It made sense because people had poky dial-up connections at home and faster ones at work. Plus everyone's feet were tired from all that schlepping through the mall all weekend.Now of course we all shop a lot online and on apps, whenever we want. And there's not really a difference between online stores and physical ones. Even Amazon, which effectively invented online shopping, has storefronts. 548
INDIANAPOLIS -- A guidance counselor at Roncalli High School says she was sad and hurt that school administrators and the archdiocese gave her the option to resign or dissolve her marriage after they learned that she was married to a woman. Shelly Fitzgerald says she was asked to meet with school president Joe Hollowell and Principal Chuck Weisenbach last Friday.At that meeting, Fitzgerald says she was shown a copy of her marriage certificate. Hollowell said someone turned it into him and that he then had to turn it into the archbishop."I was hurt, sad, I was hurt," said Fitzgerald. "I've been there 15 years. I've been a part of a community that loves each other. I was stunned. Fitzgerald says she was given four options: to resign, dissolve her marriage or, "stay kind of quiet and hope that it would, you know, stay quiet until the end of the year and keeping my job as long as possible if it stayed out of the media and then they would not renew my contract the following year. Or depending on how boisterous it became, they would have to move towards sooner termination.""I love my wife very much. I didn't have any intention to resign a job that I adore. For me to walk out was like saying I didn't want to be there anymore and that wasn't the case," said Fitzgerald. Fitzgerald says she's been quiet for the past 15 years and she wants to be honest with the people in her life that love her. "It really wasn't hiding, I'll tell you that. People knew. People I worked with knew. People I called friends and love, that wasn't secret from the school. There are tons of people that knew and loved me. It just happens to be the wrong people found out," said Fitzgerald. Watch the entire interview with Fitzgerald below: 1767
It was my honor to formally swear-in General Charles Q. Brown, the first African-American military service chief in American History. President @realDonaldTrump & I have every confidence our Air Force will only grow stronger under General Brown's leadership! pic.twitter.com/nILcjhdqTX— Mike Pence (@Mike_Pence) August 4, 2020 338
It's been a brutal week for many big American retailers.JCPenney announced Friday that it will cut 360 jobs at its stores and corporate headquarters. That's on top of the more than 5,000 layoffs in 2017 after JCPenney decided to close nearly 140 stores.The struggling retailer also said that its earnings and sales for this year will be worse than what Wall Street analysts were expecting. Shares of JCPenney plunged nearly 10% in early trading.JCPenney wasn't the only prominent bricks and mortar chain to report poor results this week.Barnes & Noble posted a quarterly loss and a drop in sales Thursday morning, sending the bookstore's shares to an all-time low.Victoria apparently needs a new Secret too. L Brands, the owner of the lingerie seller and Bath & Body Works, plunged 14% Thursday after its outlook turned out to be more devilish than angelic.Nordstrom, which is trying to go private, failed to impress investors with its latest results after the closing bell Thursday. Its stock fell 6% Friday morning.And the other shoe dropped at Foot Locker. The sneaker and athletic apparel company's sales missed forecasts and its outlook was weak as well. Foot Locker's stock dove 7% Friday morning.Related: The one sector of retail that's hiring -- a lotAll this bad news comes at a time when the retail industry is undergoing a massive transformation as more and more consumers shop online.People are still spending. They are just doing so on their phones as opposed to at the mall.That's been great for e-commerce leader Amazon, which has continued to post impressive sales growth. Its stock is also up more than 25% this year and is near a record high.Coye Nokes, partner in the consumer and retail practice at strategy consulting firm OC&C, said that the threat from Amazon is clearly the biggest challenge for most traditional retailers."Amazon is still coming and it is entering even more categories," she said.But she added that there are some retailers that have been fighting back and have done a good job of boosting their own digital operations.Related: Macy's is back! Stock up on solid salesMacy's shares rallied earlier this week after the iconic retailer topped analysts' forecasts and said that online sales continued to grow at a double-digit pace.Best Buy also posted strong sales in its stores and digital operations on Thursday. The electronics retailer's stock even rose 4% while the broader market tanked on fears of a global trade war.And there are other traditional retailers that are holding up well.Gap shares bucked the market's downward trend Friday, rising 5% after it posted solid results. The Gap's Old Navy brand is on fire. Its same-store sales were up 9% during the holiday quarter.Department store chain Dillard's topped forecasts earlier this week too, sending its shares up nearly 17% on the news.So it's not all doom and gloom for retail. The industry is in the midst of a shakeout that will lead to some casualties and some big winners. But the American consumer is still alive and well.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3147
In South Tampa, close to the Hillsborough Bay, people didn’t get the flooding that usually comes with heavy rain. Instead they are dealing with the aftermath of high wind; downed trees and branches.The sound of saws cutting through bark will become a familiar one in the next few days, as people try to get rid of the trees uprooted by Irma.Nancy Callahan might not be excited about the work, but would choose it over a different outcome.“My son and his three-year-old and his friend were up in the attic space which is a big big room and bathroom,” Callahan explains. “And if it had gone across the house they could've been killed.”Just a few streets away, another tree fell taking the street's power along with it. “Well I was sure glad the tree felt that way and not the other way,” says Domenic Massari who rode out the storm across the street.The tree barely missed Marcy Mixon’s home.“There was a horrible explosion two of them,” Mixon remembers. “And I knew that the cable box was hit, the tree came down and the whole house shook.”It wasn’t just trees we saw in places they shouldn’t be. This stop light wasn’t doing much good on the ground. This downed billboard was no match for Irma’s wind.At the Dill’s family home clean-up is a family affair. Mia Dill describes Hurricane Irma as scary.“I've never been through a hurricane before,” Dill says. “I didn't know what to expect.”And after making it through the storm, her father says these are moments they appreciate even more.“As a father, you know, of three young children it's very scary,” Tony Dill says. “For someone like me I travel a lot. I am out of town so just grateful that we could be home together as a family and all be together.”Overall people, especially those who live close to downed trees are grateful because they know the damage could have been much worse. 1859