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It's a tough time to get into the retail business, but figurine maker Funko thinks its toys are popular enough to make it work.The company that produces the popular toys with heads that bobble plans to open up a nearly 40,000-square-foot store in Los Angeles later this year."So many people are looking for an experience when they shop — not just buying things," Funko CEO Brian Mariotti told CNN Business in an exclusive interview. "This is retail times pop culture."Funko is known for its vinyl figures that are based on popular movie, TV and comic book characters. It also reproduces real life athletes. The company has licenses with most big studios, including Disney for its Marvel, Pixar and Star Wars characters, Warner Bros. for the DC Comics and Harry Potter franchises as well as Pokémon. (Warner Bros., like CNN, is owned by AT&T's WarnerMedia.)The LA store will be located on Hollywood Boulevard, not far from the famous TCL Chinese Theatre. It will neighbor a Shake Shack and SoulCycle — in other words, trendy. Mariotti said the company is targeting both tourists and local residents.Funko already runs a smaller retail outlet at its corporate headquarters in Everett, Washington. Mariotti said that when the company opened that store up, he thought it would be a hit with pop culture enthusiasts and Funko employees. The store wound up exceeding those expectations.Mariotti said moms with young kids are big fans. Many customers are repeat visitors, too. That proved to Funko that it might be a good idea to set up shops in cities that could attract a mix of local fans and enthusiasts willing to travel to the store.The new Hollywood location will let customers pose with life-size Funko figures and sit in a toy version of the Batmobile, he said.He added that the company was still working with the building developer and local officials in Los Angeles, so the store won't be ready for a while. But he hopes to open it in time for Halloween. Parts of the store are being built in Washington and shipped down to California.If the store is a success, Mariotti said that more Funko locations could open up in other tourist meccas, such as London, Tokyo and Las Vegas.But he was quick to point out that Funko isn't trying to compete with its retail partners. Funko, like other toy companies, sells a lot of merchandise on Amazon and at Walmart and Target. The company also has distribution at specialty retailers like GameStop and Hot Topic.Instead, Mariotti said the goal is to build even more followers for the brand, driving sales at those big retailers.Funko will report its results for the fourth quarter Thursday, and it is expected to talk more about its retail plans then. Analysts expect sales to have risen nearly 20% from a year ago and for earnings per share to have more than doubled.The stock is up more than 50% already this year. 2874
Jared Lorenzen has died at the age of 38, family members confirmed to Matt Jones of Hey Kentucky!Lorenzen was the quarterback of the University of Kentucky football team and was signed by the New York Giants in 2004. He had openly struggled with his weight and had returned to Lexington to team up with the "Now Let's Get Fit" organization to help kids make healthy lifestyle choices.“I just want people to know there is something better out there that will make you feel better about yourself and going out and being out,” said Lorenzen.He was Mr. Kentucky Football 1998. He went to Fort Thomas Highlands High School where he also played basketball and baseball. As a junior, he passed for a Northern Kentucky-record 2,759 yards and 37 touchdowns in 13 games. He won state championship titles in 1996 and 1998 and also went to the Sweet 16 tournament with the boys' basketball team. He would often joke about his weight, but was making strides to get healthier.“I came out of the womb big as can be. I was a 13 pound baby,” said Lorenzen.In a 2017 interview with the Today Show, Lorenzen told anchors that he wanted to live long enough to see his daughter get married and his son play college football. Lorenzen had been in the hospital with several health ailments and was in the ICU. The family released a statement to Matt Jones reading , "It is with heavy hearts that the family of Jared Lorenzen, would like to extend our sincere thanks and appreciation for all of your support and prayers over the past 6 days. We are deeply saddened to announced the passing of Jared today, July 3, 2019. Again, we appreciate all of the warm wishes and prayers, but as a family, we would request your respect and privacy. We will offer arrangement information in the coming days. Please keep Jared's family and especially his children, in your thoughts and prayers." 1871
La @ArmadaColombia logra el rescate de tres colombianos y la incautación de 1.265 kilogramos de clorhidrato de cocaína, en aguas del Pacífico colombiano. #FNP #ProtegemosElAzulDeLaBandera, Leer más ?? https://t.co/Nnl8zBFhWw pic.twitter.com/6tkUTX3FWh— Armada de Colombia (@ArmadaColombia) September 29, 2019 320
It was a tumultuous weekend in aviation as three planes crashed, killing all aboard, in separate incidents in Ethiopia, Colombia and the United States.On Sunday, an Ethiopian Airlines plane crashed shortly after takeoff, killing all 157 people on board. Investigators have started their search into what caused the deadly incident. On Saturday, a plane went down in Colombia, killing at least 12 people. On Friday, a small plane plunged into a Florida lake, leaving five dead.In the United States, there were two separate, non-fatal incidents Saturday, including severe turbulence that injured dozens of people as their plane approached New York's JFK airport, and an emergency landing in Newark, New Jersey.Sunday, March 10 An Ethiopian Airlines flight crashed minutes after taking off from Addis Ababa. Flight ET302, which was heading from the Bole International Airport in the Ethiopian capital to Nairobi, Kenya, lost contact at 8:44 a.m. local time -- six minutes after taking off.The plane was a Boeing 737 MAX 8, which had been delivered to the airline in November."As it is a fresh incident, we have not been able to determine the cause. As I said, it is a brand new airplane with no technical remarks, flown by a senior pilot and there is no cause that we can attribute at this time," said Tewolde GebreMariam, Ethiopian Airlines CEO.He told reporters the pilot reported technical difficulties after takeoff and asked for clearance to return to Addis Ababa. He was given clearance to turn back, GebreMariam said, citing the air traffic controllers' record.It's the deadliest airplane crash since an Indonesian Lion Air jet crashed soon after takeoff from Jakarta in 2018 -- killing 189 people. That plane was also a Boeing 737 MAX 8.2nd disaster involving Boeing 737 MAX 8 in six monthsThere is no suggestion yet as to what caused the latest disaster, and no evidence that the two incidents are linked in causality.Saturday, March 9Colombia flight crashesA plane in Colombia crashed Saturday, killing at least 12 people, according to Colombia's Civil Defense.The flight took off from San Jose del Guaviare and was headed to Villavicencio, in Colombia, the Civil Defense said.The plane called in an emergency at 10:40 a.m. and was later found in La Bendición, near Villavicencio, officials said.The cause of the crash is unknown.Turbulence sends dozens to hospitalIn a non-fatal incident on Saturday, at least 30 people suffered minor injuries when a Turkish Airlines flight encountered severe turbulence before landing at New York's John F. Kennedy International Airport.The injured were taken to hospitals and their wounds consisted mostly of bumps, bruises and cuts, said Port Authority spokesman Steve Coleman.The Turkish Airlines Flight 001, which had departed from Istanbul, hit major turbulence about 45 minutes before landing at JFK, Coleman said. The plane, a Boeing 777, arrived at JFK at 5:35 p.m. ET.Emergency landingAn Air Transat flight made an emergency landing at Newark Liberty International Airport in New Jersey after reports of a possible fire in the cargo hold, according to the Federal Aviation Administration.Passengers on board the Boeing 737 had to evacuate onto the airport's runway using emergency slides, according to FAA spokeswoman Kathleen Bergen.Flight TS942 had been flying from Montreal to Fort Lauderdale, when the pilot around 8:20 a.m. Saturday requested an emergency landing, saying there was smoke in the aircraft.Two minor injuries were reported, but they were unrelated to the smoke, said Coleman, the Port Authority spokesman.Friday, March 8Five people died when a small airplane fell into a Florida lake Friday, according to the Palm Beach County Sheriff's Office. Their bodies were found in the aircraft fuselage, according to the sheriff's office.The twin-engine Piper aircraft went down in Lake Okeechobee at approximately 3:30 p.m., while on approach to Pahokee Airport, according to the Federal Aviation Administration. The plane fell about 400 yards from shore and had departed from Tampa International Airport, the FAA said.The investigation will be handled by the FAA and National Transportation Safety Board. 4181
Israel has granted permission for Democratic Rep. Rashida Tlaib to enter the country on humanitarian grounds to visit her family in the West Bank a day after 170