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The Limited announced last month that it was shutting down all 250 U.S. stores. Even at the higher end, sales are lackluster and executives are leaving. Tiffany's CEO abruptly stepped down after weak holiday sales. And Ralph Lauren CEO Stefan Larsson is leaving in May because of a clash with the company's namesake founder as the brand tries to reinvigorate itself. In particular, department stores once the pillars of American shopping need to react more quickly to changing shopping habits. The reported preliminary talks between Saks Fifth Avenue owner Hudson's Bay Co. and Macy's, focusing on the value of its real estate holdings, underscore that Macy's efforts to look for new business opportunities haven't been enough. Macy's, which has more than 800 stores, says it's closing 68 this year as part of the 100 it announced last year. Ailing Sears Holdings Corp.
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Bad!" Whatever the appeals court decides, either side could ask the Supreme Court to intervene. It could prove difficult, though, to find the necessary five votes at the high court to undo a lower court order; the Supreme Court has been at less than full strength since Justice Antonin Scalia's death a year ago. The last immigration case that reached the justices ended in a 4-4 tie. How and when a case might get to the Supreme Court is unclear. The travel ban itself is to expire in 90 days, meaning it could run its course before a higher court takes up the issue. Or the administration could change it in any number of ways that would keep the issue alive. After Robart's ruling, the State Department quickly said people from the seven countries Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen could travel to the U.S. if they had valid visas. On Monday, a graduate student who had traveled to Libya with her 1-year-old son to visit her sick mother and attend her father's funeral was back in Fort Collins, Colorado, after having been stopped in Jordan on her return trip. She was welcomed with flowers and balloons by her husband and other children.