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☆ How America’s once great department stores became a dying breed
  + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com   time to read: +12 min
But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.
Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois
☆ Who was J. Robert Oppenheimer? What you need to know before watching Christopher Nolan's biopic
  + stars: | 2023-07-20 | by ( Caolán Magee | ) edition.cnn.com   time to read: +5 min
Director Christopher Nolan’s latest creation concerns an earlier existential threat, telling the story of the atomic bomb through the lens of its creator, J. Robert Oppenheimer – played by “Peaky Blinders” star Cillian Murphy. ullstein bild Dtl./ullstein bild/Getty ImagesWho was J. Robert Oppenheimer? Oppenheimer is widely considered the father of the atomic bomb. He quickly rose to prominence as an internationally renowned physicist, employed by the US government to create an atomic bomb to quell the threat of Nazi Germany. In the post-WWII era, as the world entered the Cold War, Oppenheimer was suspected by US intelligence of having ties with communists.
Persons: Oppenheimer ”, Christopher Nolan’s, J, Robert Oppenheimer –, “ Peaky, Cillian Murphy, Matt Damon, Emily Blunt, Florence Pugh, Robert Downey Jr, Kai Bird, Martin J, Sherwin’s Pulitzer, Robert Oppenheimer, ” Oppenheimer, Oppenheimer, Fotosearch, Adolf Hitler, Albert Einstein, Leo Szilard, Eugene Wigner, Jennifer Granholm, ” Organizations: CNN, Trinity, Los Alamos National Laboratory, United States Atomic Energy Commission, Manhattan, Institute for, Study, Committee, Atomic Energy Commission, US Department of Energy, ” Locations: New York, Nazi Germany, New Mexico, Alamogordo , New Mexico, Germany, Los Alamos , New Mexico, Hiroshima, Nagasaki, Princeton , New Jersey, Spanish
☆ Is this the last Christmas for Sears?
  + stars: | 2022-11-29 | by ( Chris Isidore | ) edition.cnn.com   time to read: +13 min
Easterling was at the Sears in her hometown of Jersey City, New Jersey, one of only 15 full-line Sears stores still open. The two started a catalog business selling watches and jewelry in 1888, incorporating under the Sears Roebuck name in 1893. The Sears catalog was the way many Americans first started to buy mass-produced goods. File photo/AP People shop inside a Sears store in Morton Grove, Illinois, in 1961. AP Soldiers guard a Sears store in Baltimore after riots broke out following the assassination of Martin Luther King Jr. in 1968.
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