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Macy’s to shut down dozens stores after holiday; some could be in NJ

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Macy’s to shut down dozens stores after holiday; some could be in NJ


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Macy’s has announced more stores on the fast track to close earlier than planned.

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According to the company’s third quarter earnings report, the department store chain plans to close approximately 15 more locations after the holiday season, an increase from the previously announced 50 closures. Throughout the 2024 third quarter, the company reported net sales of $4.7 billion, a decrease of 2.4% compared to 2023 third quarter sales.

“We now expect to close roughly 65 locations this year,” said Macy’s CEO Tony Spring in the earnings call. “In line with our typical cadence, closures will occur post holiday.”

The company is set to close the underperforming store locations as part of the chain’s Bold New Chapter initiative, which aims to make the company more profitable.

While Spring said the expected total number of stores set to close is 150, he warned that the company would update figures next year.

Spring said the closures were taking place because “the economics were not favorable.” Adding “These are places where customers have shifted away from those centers to shop.”

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Will Macy’s be closing stores in New Jersey?

Macy’s has not said which of their 479 store locations would be closing. New Jersey currently has 28 store locations throughout the state:

Will Macy’s be open for Christmas?

Macy’s will shut down all their store locations in the U.S. on Christmas Day, Dec. 25, 2024.



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New Jersey

Mysterious aircraft are flying over New Jersey. Here’s what big drones are made for | CNN Business

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Mysterious aircraft are flying over New Jersey. Here’s what big drones are made for | CNN Business



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CNN
 — 

Big drones have become a big topic of conversation in New Jersey: Residents have reported seeing drones the size of small cars flying around at night; officials are unsure if they’re seeing anything unusual, or if these are drones at all.

But even if the New Jersey sightings turn out to be something else, large drones do exist. And they can have a wide range of potential applications for hobbyists, commercial users or the military, according to unmanned aircraft experts.

“There’s so many uses for these devices. It’s almost limitless,” Ryan Wallace, associate professor of aeronautical engineering at Embry-Riddle Aeronautical University, told CNN.

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Law enforcement officials, including the FBI, are still trying to confirm what exactly New Jersey residents are seeing and where they’re coming from — or if they’re drones at all, versus regular airplanes, flying normal routes, that people are misidentifying.

“We have reports from the public and law enforcement dating back several weeks,” the FBI field office in Newark said December 3.

New Jersey residents have described seeing drones flying overhead, sometimes in clusters.

Drone sightings have been reported around Morris and Somerset counties, according to local officials. Both counties are in the New York metropolitan area.

But the sightings haven’t only occurred among concerned residents. The US Coast Guard, part of the Department of Homeland Security, said one of its assets encountered the drones.

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The Department of Homeland Security and White House national security spokesman John Kirby said on Thursday that many of the reported sightings are actually “manned aircraft” operating lawfully, and experts told CNN that the objects in “sighting” videos they’d reviewed appeared to be airplanes.

The White House has also said there is “no evidence at this time” that the mysterious sightings “pose a national security or a public safety threat or have a foreign nexus.”

Still, New Jersey residents are frustrated by the lack of clear answers about what they’re seeing.

“You see red and green, like, flashing lights on the corners. It’ll just change direction, like, go from 90 to, like, 270 degrees, just fly in different directions,” one New Jersey resident told CNN. “And planes obviously can’t do that.”

New Jersey Gov. Phil Murphy said he is also pressing the federal government for more information. In a post on X, Murphy said he spoke with US Homeland Security Advisor Liz Sherwood-Randall “to discuss my concerns over the federal government’s response.”

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Most people are familiar with the smaller drones that hobbyists use for photography. In theory, a hobbyist could also buy or build a larger drone.

“The wings are not something that add a lot of bulk in terms of the mass of the drone, they’re actually the lightest parts of the drone,” said Pramod Abichandani, director of the Advanced Air Mobility Laboratory at the New Jersey Institute of Technology. “Even when you’re looking at multi-rotor drones, like a quadcopter… the extensions of that quadcopter, are basically carbon fiber rods, super lightweight.”

Weight matters because you need special – and more unusual – approval from the Federal Aviation Administration to fly drones that weigh more than 55 pounds, according to William Austin, president of Warren Community College in New Jersey, who has studied unmanned aircraft and started the school’s drone program.

Hobbyists would also have to be willing to shell out big bucks for such large drones, which can cost tens of thousands of dollars, experts said.

More often, big drones are used for commercial or military purposes. They can be used, for example, for agriculture, to survey or spray fields. Or for infrastructure, to evaluate the state of roads and buildings or for mapping. (However, for those applications, the drones would almost certainly need to be flying during the daytime rather than at night, when the New Jersey sightings are said to have occurred.)

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Some law enforcement agencies have begun using drones for search and rescue, although they don’t necessarily need extra-large drones for that.

Some larger, heavier drones have also been used for commercial transportation (think deliveries). “It’s not super common, but it’s not unheard of, either,” Wallace said.

The military can use large drones, outfitted with all manner of sensors – from powerful traditional cameras to infrared sensors – for surveillance.

And in the coming years, Americans could start seeing even larger, more powerful drones flying around, Austin said, like those made by Chinese company EHang to transport people.

But for now, he said, “you’re not likely to see them here, because you have to go through so many steps of FAA permission. There are so few people who would have those kinds of credentials that the FAA would pretty quickly know who was flying a drone of that type around the national airspace.”

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Video: Deer smashes through door of New Jersey business, knocks down Christmas tree

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Video: Deer smashes through door of New Jersey business, knocks down Christmas tree


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They might want to change the cliché about China shops from bulls to deer.

A New Jersey HVAC and plumbing business posted a video to Facebook of a deer breaking into their office and rampaging through the Christmas decorations.

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Video shows the deer knocking over the Christmas tree of A.M. Bottle Mechanical and returning the next morning to inspect the damage.

The Sewell-based business said in its post that the animal was released unharmed and used the incident to advertise, saying that the deer was “checking for holiday deals.”

Deers usually damage cars, not Christmas decorations

The deer encounter is not the common form of animal related festive destruction.

The average cost of November animal car strike claims − the peak month for animal car crashes − from 2013-2022 was $4,600, according to data from the Highway Loss Data Institute.

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The data does not say what kind of animal caused the crashes but the peak coincides with mating season, when deer are the most active.

Contributing: Gabe Hauari



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What do we know about the mysterious drones reported flying over New Jersey?

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What do we know about the mysterious drones reported flying over New Jersey?


Officials and experts say some witnesses may actually be seeing planes or helicopters rather than drones, or perhaps are confused about the size of the devices they’re seeing.

“There are certainly big drones, such as a agricultural drones, but typically they are not the type you see flying around in urban or suburban spaces,” John Duesler, president of the Pennsylvania Drone Association, said Thursday. The organization with about 350 members, is headquartered in Pittston, Pennsylvania.

“I wonder a little bit if it’s sort of a type of fish story, as in ‘I caught a fish this big!’ type of a thing,” Deusler added. “At night, it’s hard to see how big the drones are, especially because they can be either closer or further away from you. To get that perspective of how big they are is really difficult.”

Who sent the drones?

Authorities say they do not know who is behind the drones.

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The FBI, Homeland Security and state police are investigating the sightings. Authorities say they don’t know if it is one drone that has been spotted many times or if there are multiple aircraft being flown in a coordinated effort.

Speculation has raged online, with some expressing concerns that the drone or drones could be part of a nefarious plot by foreign agents. Officials stress that ongoing state and federal investigations have found no evidence to support those fears.

Two Republican Jersey Shore-area congressmen, Smith and U.S. Rep. Jeff Van Drew, have called on the military to shoot down the drones, citing safety concerns.

The Pentagon insists the drones do not represent a threat from abroad.

Pentagon spokesperson Maj. Gen. Pat Ryder said Thursday that the military’s initial assessment after consulting with the Department of Homeland Security and the National Security Council — that the drones are not of foreign origin — remains unchanged.

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Pentagon spokeswoman Sabrina Singh said Wednesday that the aircraft are not U.S. military drones.

Are drones allowed in New Jersey?

The flying of drones for recreational and commercial use is legal in New Jersey, but it is subject to local and Federal Aviation Administration regulations and flight restrictions.

Operators must be FAA certified.

Have drones been spotted anywhere else?

Sightings also have been reported in neighboring New York and Pennsylvania.

Drones were also spotted last month in the U.K. The U.S. Air Force said several small unmanned aircraft were detected near four military bases in England that are used by American forces.

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Associated Press reporters Tara Copp in Washington, D.C., and Mark Scolforo in Harrisburg, Pennsylvania, contributed.



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