Goodbye 99 Cents Solely. Whats up Greenback Tree.

Greenback Tree introduced Wednesday it acquired leases for 170 of 99 Cents Solely’s shops out of chapter in Arizona, California, Nevada and Texas. Greenback Tree will reopen these shops with its personal merchandise beneath its model starting within the fall.

99 Cents Solely had filed for chapter in April and closed all of its 370 places.

The 2 chains are very completely different, and the announcement is an indication of consolidation within the retail trade.

99 Cents Solely was a regional chain and offered groceries. Greenback Tree, a nationwide firm with largely suburban places, primarily gives discretionary merchandise like social gathering provides and residential items. Greenback Tree was the final greenback retailer chain to promote every part for $1 earlier than elevating costs in 2021 to $1.25 and above.

Greenback Tree additionally owns Household Greenback, based in cities. Household Greenback has underperformed Greenback Tree and different low cost chains in recent times, and it is closing 975 shops.

The acquisition of 99 Cents Solely leases out of chapter provides Greenback Tree a less expensive approach to develop quite than constructing new shops and helps the Virginia-based chain prolong its attain on the West Coast.

“Administration felt that these places are basically good and in comparatively quick provide, in order that they took benefit of competitor weak spot,” Michael Montani, an analyst at Evercore IRI, wrote in a observe to shoppers Wednesday.

One problem for Greenback Tree might be the dimensions of 99 Cents Solely shops.

99 Cents Solely shops are on common roughly 20,000 sq. ft, greater than double the dimensions of a typical greenback retailer chain.

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Vincent Kompany’s transfer to Bayern Munich was initially greeted with ridicule and disbelief. A extra balanced view has since emerged however there isn’t a escaping the incredulity when a coach relegated with Burnley walks into one in every of Europe’s largest jobs.

The German giants didn’t come calling for Sean Dyche when he completed seventh within the Premier League. Their views on Stan Ternent and Steve Cotterill are unconfirmed. However Kompany is considered a chance price taking, a coach of huge potential.

There are numerous components concerned, not least Bayern’s personal fraught recruitment course of. However selecting Kompany additionally highlights the altering view of what makes an elite coach, a rising willingness to look past outcomes and in direction of a method that would switch.

Kompany, it needs to be acknowledged, has a lot else going for him. As a participant, he captained membership and nation, successful the Premier League with Manchester Metropolis underneath Pep Guardiola. That brings on the spot respect and a relationship that imbues a sure shine.

The pattern in fashionable administration is in direction of these disciples of Guardiola. Mikel Arteta has emerged as his largest challenger within the Premier League, Xabi Alonso has simply triumphed within the Bundesliga. Enzo Maresca has adopted Kompany in successful the Championship.

The reference to Guardiola, extensively considered the excellent coach of his era, is especially vital at Bayern. Some body his work there as unfinished and not using a Champions League win however he wowed together with his concepts. There’s a legacy there.

For Kompany, different intangibles embody his personal enjoying spell at Hamburg – he’s a fluent German speaker – and his repute for being articulate, clever and measured. However the prime line in all this could hardly be averted. There’s the matter of that relegation.

Kompany got here into the Premier League wedded to the method that had helped garner 101 factors within the Championship, successful Burnley reward for his or her enterprising play. They boasted one of the best assault and one of the best defence as they stormed to the title.

The swiftness with which he remodeled the fashion, after a decade of doing issues so in another way underneath Dyche, caught the attention. It was a testomony to his potential to handle change that their possession stats have been the very best since Championship data started.

However regardless of vital funding in the summertime, his group have been unable to adapt to the Premier League. The passing sport that had been too good for the Championship was undone by the velocity and ability of these sides on the increased degree, quickly undermining confidence.

The inequality inside the Premier League was considered by some as a mitigating circumstance. However, within the aftermath of a 3-0 defeat at Crystal Palace that will be adopted up with a 2-0 residence reverse to Bournemouth, Roy Keane had much less sympathy for Kompany’s facet.

“Have you learnt what, they’ve been dreadful. They’ve been dreadful,” Keane instructed Sky Sports activities. “We discuss groups having a method of play within the Championship and attempting to match it to the Premiership, it’s chalk and cheese. It’s unattainable.

“They appear weak bodily. The objectives they’re gifting away, it’s schoolboy stuff. I love managers who’ve a philosophy and a method of play, however you’ve got to adapt. You’ve got to provide your self an opportunity of successful soccer matches.”

Solely two groups within the Premier League made extra errors resulting in pictures than Burnley and the distinction with the risk-free soccer of the Dyche period turned a stick to which to beat him. Hundreds extra passes introduced little reward, solely encouraging extra errors.

It’s price noting that even in his first managerial position at Anderlecht, Kompany’s strategies had been questioned. The try and mimic Guardiola had been a priority for some in Belgium, one expressed in sturdy phrases by the previous Anderlecht supervisor Aad de Mos.

“In soccer, you would not have to repeat one other coach,” stated De Mos. “Kompany desires to do the identical factor as Guardiola at Metropolis and that makes me sick. Metropolis have gamers like Sergio Aguero and Kevin De Bruyne. Anderlecht must get by with extra modest gamers.”

Bayern bosses may feasibly agree with that evaluation whereas coming to the alternative conclusion. Maybe they take the view that they do possess the standard of participant able to delivering this soccer – they only want somebody who’s keen and in a position to coach it.

With one of many weakest squads within the Premier League, Kompany floundered. However with among the finest squads within the Championship, he flourished. Bayern’s standing inside the Bundesliga, relative to the remainder, is rather more akin to the latter than the previous.

If Kompany struggles then Bayern will probably be criticised. If he thrives their creativeness will probably be lauded. No matter occurs, Kompany has been vindicated in sticking to his ideas. It raises intriguing questions on how coaches ought to method their work.

Dyche is an apparent distinction however for him it feels extra like ideology than compromise. Different examples are extra pertinent. Julen Lopetegui and Thomas Frank are two that come to thoughts – coaches who opted to adapt however now discover that might be a mark towards them.

Lopetegui’s appointment at West Ham was met with a lukewarm response. Partially, that was as a result of his rescue job with Wolves – lifting them from all-time low to thirteenth within the desk – was not achieved with the required swagger to excite, even when it did save them.

Frank performed a progressive sport to assist Brentford win promotion however, in contrast to Kompany, efficiently switched to a extra direct fashion to maintain them there. Now, he finds some questioning whether or not these lengthy throws make him appropriate for a job at an elite membership.

For Kompany, the stain of relegation is extra simply erased than a stain on his fashion. This transfer exhibits that coaches, like gamers, might be upwardly cellular no matter outcomes. And {that a} man questioned at Burnley can one way or the other be seen as the reply for Bayern.

Barcelona have introduced the appointment of former Bayern Munich and Germany coach Hansi Flick because the membership’s new supervisor on a two-year contract.

Flick, 59, replaces Xavi Hernández, who managed his closing sport with the membership on Sunday, a 2-1 LaLiga victory towards Sevilla, after being sacked final week.

– Stream on ESPN+: LaLiga, Bundesliga, extra (U.S.)

“It’s a huge honour and a dream to signal the contract with this superb membership,” Flick stated. “The hours I’ve been right here in Barcelona have been superb. Everybody right here loves this membership and offers their finest to have success.

“The philosophy is just like mine: ball possession and actually attacking soccer, that are issues I really like. Barcelona even have certainly one of finest academies on this planet and an excellent combine between expertise and younger expertise. It is our job now to work collectively and to enhance them. For me, the group work is absolutely necessary.

“I received titles with Bayern. My starvation for titles is absolutely huge and I wish to keep on this path with Barcelona. We are able to obtain quite a bit collectively.”

Flick has been out of labor since September 2023, when he was fired by the German nationwide group following a group-stage exit on the 2022 World Cup and a run of poor outcomes after the event.

He had beforehand overseen nice success at Bayern, successful the Champions League as a part of a historic treble in 2020 earlier than he took on the Germany job in the summertime of 2021.

Barça has had long-standing curiosity within the German coach; ESPN reported in 2021 that membership president Joan Laporta had sounded out his availability whereas he was nonetheless answerable for Bayern.

On that event, he had already dedicated to the Germany job, however Laporta has remained a fan and talks with Flick’s camp have been fixed since Xavi introduced in January that he would step down.

Flick’s possibilities of touchdown the Barça job appeared to finish final month when it was revealed Xavi would fulfil his contract, which was resulting from run till 2025, however occasions then took one other flip.

Remarks made by Xavi in regards to the membership’s tough monetary place didn’t go down nicely with Laporta, and sources instructed ESPN that the Barça president was by no means fairly satisfied by the Catalan coach.

That led to Xavi’s dismissal final week, with the previous Spain worldwide saying on Saturday he “revered and accepted the choice” even when he would have most popular to go away “in different circumstances.”

Xavi has agreed to surrender the ultimate yr of his wage, which sources instructed ESPN was resulting from be round €12 million.

Nonetheless, he will likely be paid again a considerable a part of the €2.5m he paid from his personal pocket to safe his exit from his earlier job with Al Sadd in 2021. The six members of his backroom workers will even be remunerated for the ultimate yr of their contracts at a value of round €4m to Barça.

Xavi changed Ronald Koeman on the finish of 2021, steering the group from ninth in LaLiga to a second-placed end in his first marketing campaign in cost.

He then led Barça to their first LaLiga title since 2019 in 2022-23, additionally successful the Spanish Supercopa, however a trophyless marketing campaign this time round led the membership to go for a change of course.

(AP) – Almost 200 shuttered 99 Cents Solely shops from Texas to California can be re-opened as Greenback Tree places after the leases have been secured out of chapter proceedings.

The switch of designation rights for 170 places in Texas, Arizona, Nevada and California, together with a few of the furnishings, gear and fixtures inside, was permitted by the US Chapter Courtroom for the District of Delaware.

Shares of Greenback Tree Inc., based mostly in Chesapeake, Virginia, rose 2% on the opening bell Thursday.

99 Cents Solely Shops filed for Chapter 11 chapter safety final month and has been shedding property starting from stock to retailer leases. The corporate mentioned in April that it will shut all 371 of its shops, ending a 42-year run for the cut price outlet.

99 Cents Solely had struggled for a while with shifting shopper demand, inflation and theft, and it’s not alone amongst discount retailer chains.

Greenback Tree posted a shock loss in its closing quarter of 2023 and mentioned that it will shut practically 1,000 shops, most of them Household Greenback shops that it had acquired a decade earlier for greater than $8 billion after a bidding conflict with rival Greenback Normal.

Greenback Tree Chief Working Officer Michael Creedon mentioned in a ready assertion on Wednesday that the one-time 99 Cents places are in precedence markets the place it expects sturdy development potential.

“The portfolio enhances our present footprint and can present us entry to prime quality actual property property in premium retail facilities, enabling us to quickly develop the Greenback Tree model throughout the western United States, reaching much more prospects and communities,” he mentioned.

Greenback Tree anticipates reopening the shops as early as the autumn.

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Hansi Flick has been appointed the brand new Barcelona head coach.

The previous Bayern Munich and Germany boss has signed a two-year deal on the Nou Camp.

Flick replaces Xavi, who was sacked a month after Barcelona had persuaded him to remain on as supervisor, after he initially deliberate to go away on the finish of this marketing campaign. The 44-year-old took the Catalans to the Champions League quarter-finals the place they misplaced to Paris Saint-Germain.

“FC Barcelona and Hansi Flick have reached an settlement for the German to change into males’s first-team soccer coach till 30 June 2026,” a membership assertion learn.

Flick was dismissed by Germany in September following a 4-1 pleasant defeat to Japan on the again of a group-stage exit on the 2022 World Cup in Qatar.

He served as assistant coach to Joachim Low when his nation gained the 2014 World Cup in Brazil, earlier than clinching back-to-back Bundesliga titles and the 2020 Champions League throughout a two-season stick with Bayern.

Talking in a video posted by Barca on X, Flick stated: “To start with I want to say thanks to everybody (concerned). It is a large honour and in addition a dream for me to signal my contract right here in Barcelona, to work for this superb membership, and I am joyful to begin.

“The membership is unbelievable. The hours I am right here in Barcelona, it is superb as a result of everybody right here within the membership loves this membership and tries to present their finest in order that they have success.

“The philosophy they’ve is just like mine – ball possession and actually attacking soccer, these are the issues I like.

“I gained some titles with Bayern Munich and my starvation is basically large for titles. I want to keep on this path with Barcelona and I believe we will obtain so much collectively.”

The 59-year-old succeeds a predecessor who was appointed in November 2021 to handle the membership the place he gained 25 main trophies as a participant.

Xavi steered the group from ninth place in LaLiga to the runners-up spot following the sacking of Ronald Koeman.

Barca have been topped champions in his first full season in cost, however they subsequently didn’t mount a severe problem this time spherical, surrendering their title to rivals Actual Madrid.

Xavi: Subsequent Barca boss will ‘endure’

Earlier this week, Xavi warned his successor to be ready to “endure” within the job.

“To the brand new supervisor, I inform you: You’ll endure. It is a very difficult place to be,” Xavi stated after his last match in cost, a 2-1 win over Sevilla.

“It is a tough job and it’s important to be affected person.”

Xavi doesn’t have one other job lined up and is ready to attend for the best supply.

He stated: “Nothing is closed. I am an expert, let’s examine what occurs sooner or later. In fact I am open (to a brand new job), however I believe 100 per cent I have to relaxation a bit bit.

“It is so tough to teach Barcelona. It has been powerful final week, however I’ve my conscience very clear. I am proud and joyful.

“Once we obtained right here we knew it was a tough time for the membership and I believe we might be pleased with the work we’ve finished.”

When does the summer season switch window open and shut?

The 2024 summer season switch window within the Premier League formally opens on Friday June 14 – the identical day that Euro 2024 begins.

The window will shut on August 30 at 11pm UK time.

The Premier League has introduced ahead Deadline Day to hyperlink up with the opposite main leagues in Europe. The cut-off dates have been set following discussions with the leagues in England, Germany, Italy, Spain and France.

The jury in Donald Trump’s hush cash trial has accomplished its first day of deliberations – whereas the previous president as soon as once more labelled the proceedings “unfair” as he spoke outdoors the court docket.

Trump is dealing with 34 felony counts of falsifying enterprise data in reference to an alleged scheme to bury tales forward of his 2016 presidential marketing campaign.

It pertains to reimbursements paid to Trump’s then lawyer Michael Cohen after he made a $130,000 (£102,000) fee to grownup movie star Stormy Daniels who claimed to have had a sexual encounter with Trump in 2006.

Prosecutors say the reimbursements have been falsely logged as “authorized bills” to cover the true nature of the transactions.

Trump denies the affair and all prices in opposition to him.

The 12-person jury at Manhattan Prison Courtroom, New York, is now deliberating on the proof heard over greater than 4 weeks – which included 22 witness testimonies and hours of closing arguments from legal professionals.

Learn extra:
Can Trump be president if he is convicted?

The primary day of deliberations noticed the jury ship two notes to the choose, as they requested to rehear jury directions as properly testimonies from Nationwide Enquirer writer David Pecker and Trump’s former lawyer Mr Cohen.

They particularly wish to rehear Mr Pecker and Mr Cohen’s remarks a few 2015 Trump Tower assembly, the place the previous agreed to establish adverse tales for then presidential candidate Trump.

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Additionally they requested to rehear Mr Pecker’s phrases on a cellphone name a few cope with Karen McDougal – who alleges she had an affair with Trump – and his determination to not promote the rights for her story to Trump.

The jury can’t be given a transcript and the testimonies will as a substitute be learn to them within the courtroom.

Decide Juan M. Merchan mentioned it should take a while to assemble the requested sections and about half an hour for it to be learn aloud.

Trump lashes out once more

Trump struck a pessimistic tone as he left the courtroom after jury directions have been learn – repeating his declare it is a “very unfair trial” and saying: “Mom Teresa couldn’t beat these prices, however we’ll see. We’ll see how we do.”

He remained within the courthouse as deliberations have been below method and made a collection of posts on his Reality Social platform complaining concerning the case.

In a single submit, all in capital letters, Trump claimed he did not “know what the costs are on this rigged case” regardless of being current in court docket when the choose detailed them to jurors.

The jury will resume deliberations at 9.30am native time on Thursday.

LOS ANGELES — An actor has been charged with tried homicide for allegedly stabbing his former girlfriend – a Hollywood make-up artist – a number of occasions in her Los Angeles residence, prosecutors stated Wednesday.

Nick Pasqual, 34, allegedly fled after the assault and was detained at a U.S.-Mexico border checkpoint in Texas, in response to the Los Angeles County District Legal professional’s Workplace.

Prosecutors stated the sufferer, recognized in a GoFundMe web page as Hollywood make-up artist Allie Shehorn, had just lately taken out a restraining order in opposition to Pasqual.

Pasqual is accused of stabbing Shehorn repeatedly after breaking into her residence round 4:30 a.m. final Thursday. She was hospitalized with essential accidents.

An arrest warrant was issued the day after the assault.

Pasqual is charged with one rely every of tried homicide and first-degree residential housebreaking with particular person current and injuring a partner, cohabitant, fiancé, boyfriend, girlfriend or kid’s dad or mum, in response to the DA’s workplace.

Moreover, the suspect is accused of inflicting nice bodily damage on the sufferer underneath circumstances involving home violence, and it is also alleged he used a knife through the crime.

SEE ALSO: 26-year-old suspect recognized in alleged stabbing spree in Massachusetts: DA

If convicted as charged, he could possibly be sentenced to life in state jail.

Pasqual has appeared on the TV present “How I Met Your Mom” and the 2023 movie “Insurgent Moon,” in response to his IMDB web page.

“My ideas and heartfelt sympathies are with the sufferer on this horrific incident,” District Legal professional George Gascón stated in a press release.

“This heinous incident is a stark reminder of the risks of home violence,” Gascón additionally stated. “We are going to be sure that the person chargeable for this egregious act is held accountable for his or her actions.”

To date, the GoFundMe web page for Shehorn has raised greater than $90,000 to assist pay for medical prices.

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The tales that matter on cash and politics within the race for the White Home

Jurors weighing Donald Trump’s destiny have requested to assessment trial testimony and be reminded of the choose’s directions on the legislation as their first day of deliberations within the former US president’s “hush cash” case concluded and not using a verdict.

The requests by seven males and 5 ladies got here as Trump, who’s holed up within the Manhattan courthouse whereas he awaits a choice, railed in opposition to the case on social media, declaring it “a third-world election interference hoax”. He instructed reporters that “Mom Teresa couldn’t beat these costs”.

Earlier within the day, the presumptive Republican presidential nominee had sometimes shaken his head in disapproval as the fees in opposition to him have been outlined by the choose, and appeared at different instances to be asleep.

Previous to receiving the case on Wednesday morning, the jury heard from Justice Juan Merchan, who urged them to “give one another’s views cautious consideration” and to “not give up an sincere view of the proof just because [they] need the trial to finish”.

After greater than three hours of deliberation, they despatched two notes to the choose, asking to assessment proof by tabloid writer David Pecker and former Trump fixer Michael Cohen, in addition to for a refresher on the legislation. They have been dismissed for the day simply after 4pm ET, and can resume on Thursday morning.

The deliberations started a day after jurors endured 9 hours of closing arguments from the prosecution and defence, throughout which they heard competing accounts of the occasions surrounding the pay-off of porn actor Stormy Daniels, who threatened to return ahead with allegations of an extramarital encounter with Trump within the days earlier than the 2016 election.

Following the publication of the Entry Hollywood tape, during which Trump was heard to brag about grabbing ladies’s genitals, he “grew more and more involved concerning the affect that these allegations have been having on voters, significantly ladies voters”, assistant district lawyer Joshua Steinglass instructed jurors. The tape “and the experiences that adopted it have been able to costing him the entire election, and he knew it”.

The $130,000 paid to Daniels by Cohen, who used his personal cash, “had the whole lot to do with the marketing campaign”, Steinglass added.

Trump is charged with conspiring to have Cohen orchestrate a “catch and kill” scheme to maintain the story from popping out, and violating election and tax legal guidelines by disguising the reimbursements as authorized bills.

Todd Blanche, a lawyer for Trump, countered that his consumer was primarily “involved about his household [and] involved about his spouse” after the tape was made public, and claimed there was “no proof” to counsel that Trump knew concerning the funds to Daniels in 2016, past the testimony of Cohen, a convicted perjurer and fraudster.

“He lied to you repeatedly,” Blanche stated of the prosecution’s central witness. “He has lied to each single department of Congress . . . he has lied to federal judges on a number of events,” he added. “You can’t convict any individual primarily based upon the phrases of Michael Cohen.”

Beneath New York legislation, the jury should come to a unanimous choice on every of the 34 legal counts charged. If the jury is deadlocked after vital deliberations, a mistrial can be declared, and the Manhattan district lawyer must resolve whether or not to retry the case.

If convicted, Trump, as a first-time offender, is unlikely to face jail time. He’s additionally more likely to attraction in opposition to the decision, setting off a course of that may take months to resolve. He’s dealing with three different legal instances, that are more and more unlikely to go to trial earlier than November’s election.

Hollywood actor Nick Pasqual has been charged with tried homicide after allegedly stabbing his former girlfriend a number of instances. 

The Los Angeles County District Lawyer’s Workplace introduced on Wednesday that Pasqual, 34, had been charged with one depend of tried homicide, a depend of first-degree residential housebreaking with an individual current, and one depend of injuring a partner, cohabitant, fiancé, boyfriend, girlfriend or kid’s mother or father. If convicted on all prices, he faces a most sentence of life in jail, officers stated. 

The DA’s workplace didn’t determine the sufferer however Leisure Tonight experiences Pasqual is accused of stabbing make-up artist Allie Shehorn, and a GoFundMe was launched to cowl Shehorn’s medical bills.

Pasqual allegedly broke into his ex-girlfriend’s Los Angeles dwelling at round 4:30 within the morning on Could 23, the district legal professional’s workplace stated in a information launch, and proceeded to stab her “a number of instances.” Shehorn, who had lately filed a restraining order towards Pasqual, was hospitalized with crucial accidents. 

The GoFundMe stated the make-up artist was “combating for her life” after being hospitalized. Shehorn was within the intensive care unit for a number of days, in keeping with the fundraiser, and has undergone a number of surgical procedures, together with a process to restore severed tendons in her proper arm and a surgical procedure to shut wounds in her neck.

“Nobody deserves to endure such a traumatic expertise, particularly somebody as compassionate and caring as Allie,” reads the GoFundMe web page.

Pasqual allegedly fled the town after the stabbing. An arrest warrant was issued, and he was detained at a U.S.-Mexico border checkpoint in Texas, in keeping with the district legal professional’s workplace. 

Officers stated Pasqual shall be extradited again to Los Angeles to face prices. An arraignment date has not but been scheduled, the district legal professional’s workplace stated. 

The Los Angeles Police Division is continuous to analyze the case, officers stated. 

Shehorn has accomplished make-up for tasks like Insurgent Moon: Half 1, Imply Women and Babylon, ET experiences. Pasqual appeared in Insurgent Moon: Half 1, in addition to How I Met Your Mom and Archive 81, in keeping with his IMDB web page.

“My ideas and heartfelt sympathies are with the sufferer on this horrific incident,” District Lawyer George Gascón stated within the information launch. “Our workplace, together with our Bureau of Sufferer Companies, extends our help and sources to her as she embarks on the lengthy and troublesome journey of therapeutic from each the bodily and emotional trauma inflicted upon her. This heinous incident is a stark reminder of the risks of home violence. We’ll be sure that the person answerable for this egregious act is held accountable for his or her actions.”