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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

INDIANAPOLIS — In her speech Friday night at the Young Democrats of America convention, House Speaker Nancy Pelosi praised the past ideals and current policies of the Democratic Party.She praised the party’s history on the 50th anniversary of the moon landing. “We are not a monolith, and we don’t want to be,” she said. But she also touted the diversity of the current House Democratic Caucus, which she said is 60% women, people of color and LGBT.“Our diversity is our strength,” she said. Pelosi then went into more detail about the party’s current efforts in Congress, starting with the recent passage of an increase of the federal minimum wage to per hour. Both Democratic representatives from Indiana voted in favor of the proposal, but it is very unlikely to pass the Senate. She discussed what other things House Democrats are working on in Congress, such as net neutrality, gun violence prevention and climate change. Pelosi also mentioned President Donald Trump a few times. “We legislate, we investigate, and we litigate,” she said. “And we will hold the president accountable.”She ended the speech by returning to the past, quoting Thomas Paine, one of the country’s founding fathers. “The times have found us,” she recited. “Do you feel the times have found you now?”Michael Joyce, the spokesperson of the Republican National Committee, accused Pelosi of refusing to act on “anything Hoosiers want to see accomplished in Washington.”“Pelosi’s turbulent tenure as Speaker has allowed the socialist squad to takeover driving the message for the Democrats, and they’re currently driving their party off a cliff to a path of irrelevancy come 2020,” Joyce said. 1685

If you're still hanging onto a Payless gift card, you should head over to a store Monday.March 11 is the last day to use gift cards.Payless filed for Chapter 11 bankruptcy protection last month. All 2,500 locations of the shoe store will be closing at the end of the month.The Gap, Victoria's Secret, Gymboree, Charlotte Russe and Tesla are also closing stores this year.Almost 5,000 store closures have been announced since January.But don't worry if you miss the deadline to use that Payless gift card.There are various websites where you can buy and sell gift cards, such as Cardpool.com , Raise.com and Cardcash.com. You won't get the full value of the card but you may recoup some of the value. 711

Italian law now requires vehicles to have a safety device that alerts drivers if a child has been left behind in the rear seat or a car seat.The law went into effect Thursday and is designed to prevent hot car deaths. Some devices will send visual and audible alerts when someone gets out of the car, according to the Ministry of Infrastructure and Transport. Other devices will send signals to the driver's smartphone that it is out of range from the sensor on the child's car seat.Fines between 88 and 333 Euros can be imposed and drivers can lose points on their licenses. A second infraction would mean the driver's license would be suspended for at least 15 days.The law applies to parents of children under 4 years of age.The ministry says the devices are available online and in stores specializing in children's items. Parents at some point will be able to submit a receipt to the government to recoup incentive money. The government has not yet worked out the reimbursement paperwork, the ministry said.The law was proposed in 2018 after several hot car deaths.How the US is dealing with hot car deathsAccording to 1136

Illinois is now the 11th state in the United States to legalize the purchase and possession of recreational marijuana.Democratic Gov. JB Pritzker signed a bill Tuesday that allows adults 21 and over in the state to buy and possess small amounts of the drug.Adults will be able to purchase and possess 30 grams of cannabis, five grams of cannabis concentrate, and cannbis-infused products containing no more than 500 milligrams of THC. Nonresidents will be able to purchase half of each of those amounts.Under the law, medical patients would be permitted to buy marijuana seeds and grow up to five plants at home, so long as the plants are kept out of public view.Employers can still enforce a zero-tolerance or drug free workplace.The 747