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NEW YORK (AP) — J.C. Penney says it is closing 154 stores nationwide in what it is calling the first phase of its efforts to shrink its footprint. According to USA Today, the retailer received bankruptcy court approval on Thursday to begin liquidation sales at stores that are permanently closing. The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. “While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come,” said Jill Soltau, chief executive officer of JCPenney in a press release. “I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect.”Penney filed for bankruptcy protection last month, making it the biggest retailer to do since the coronavirus pandemic forced non-essential stores to be shut down temporarily. As part of its bankruptcy reorganization, Penney said it planned to permanently close nearly a third of its 846 stores in the next two years. That would leave it with just over 600 locations. 1431
NEW YORK (AP) — Hall of Famer Lou Brock, the dynamic leadoff hitter and base stealer who helped the St. Louis Cardinals win three pennants and two World Series in the 1960s, has died at 81.Dick Zitzmann, the outfielder's longtime agent and friend, confirmed Brock's death.Brock arrived in St. Louis in June 1964, swapped from the Chicago Cubs for pitcher Ernie Broglio in one of baseball’s most lopsided trades.Brock was an anchor for St. Louis as its combination of speed, defense and pitching made a top teams in the ’60s.Brock lost a leg from diabetes in recent years and was diagnosed with cancer in 2017. 617
Nordstrom announced on Tuesday that by the end of 2021, they would no longer sell fur or exotic animal skins.The department store said the new policy was made in partnership with the Humane Society of the United States."As a leading fashion retailer, we're committed to delivering the best possible service and merchandise for our customers. Delivering on that commitment means continually listening to customer feedback and evolving our product offering to ensure we're meeting their needs," said Teri Bariquit, the chief merchandising officer at Nordstrom in a press release. "As part of our ongoing product evolution, we've been working with the Humane Society of the United States and recently decided to stop offering products made with genuine fur or exotic animal skin in any of our stores or online. Our private label brands haven't used these materials for years, so extending this policy to all the brands we carry is a natural next step for our business."Nordstrom says the change will involve removing the use of fur in its private-label brands and not buying or selling items that use Asiatic raccoon.The company said the new policy wouldn't apply to products derived from cows, pigs, and goats. It also won't allow stores to carry items derived from lizards, snakes, alligator, kangaroo, and stingrays. 1324
Nestled along the edge of Lake Champlain, where Vermont and New York meet, is the kind of place postcards aspire.Beautiful farmlands like Seth Lapidow’s sit in Shoreham, Vermont. But while there are some animals on Lapidow’s farm, he’s a very different kind of farmer.Late last year, this 62-year-old farmer gave up his multimillion-dollar New York City law firm, to begin a start-up CBD farm. Things grew almost as quickly as the cannabidiol plants that surround his property.“At the end of 2019, we had a solid year. We had a solid year,” said Lapidow, while looking out toward the apple orchards that surround his property.But when COVID-19 struck, the farm had to shut down for two months. There was no harvesting and no retail sales. Even months after the shutdown, there are still streams of revenue for this farm that have disappeared completely.“People stopped paying their bills. I don’t know what the murder rate of my customers is. I don’t know how many are gone for good,” Lapidow said.After initially laying off all his employees, he has been able to rehire most of them. Sales are still down year-to-year, but COVID is giving some in the industry an unexpected boost.Researchers at Augusta University in Georgia have found new evidence that cannabis-derived CBD may help those suffering from severe lung inflammation that occurs in more serious cases of COVID-19.Legally, because it's not FDA approved, Lapidow can't make claims about what his products do. But many of his customers are using CBD creams, pills, and even bath soaps to help deal with the anxiety so many of us are feeling during the pandemic.“It just binds to receptors in your system and seems to balance things out for a lot of people,” he noted.As for Vermont Pure CBD, they, like so many other small businesses, are just trying to be creative preparing for how COVID-19 might change the landscape of their farm. 1903
NEW YORK (AP) — CNN isn't commenting about Don Lemon's statement that white men represent the biggest terrorist threat in the country.Lemon's statement, on his show Monday, attracted criticism in conservative circles. He was talking about the negative attention given to a caravan of potential refugees in central America.Meanwhile, white men are the suspects in recent shootings of two blacks in Kentucky and at a synagogue in Pittsburgh, Pennsylvania.Lemon said that, "we have to stop demonizing people and realize that the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something about them."A CNN spokeswoman said Wednesday neither Lemon nor the network would speak more about it. 763