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. >>> coming up, watching nordstrom after hours. details from the quarter next. >>> and speaking of retail, an absolute bulls eye for target. shares surging after a big boost in profits, but are companies investors ignoring the company's sales forecast? we'll dive into that next. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) (vo) what does it mean to be rich? get iphone 15 pro on us. maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investo
. >>> coming up, watching nordstrom after hours. details from the quarter next. >>> and speaking of retail, an absolute bulls eye for target. shares surging after a big boost in profits, but are companies investors ignoring the company's sales forecast? we'll dive into that next. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting...
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Mar 19, 2024
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including ceo, eric nordstrom, president peter nordstrom, chief merchandising officer, jamie nordstrom last month. the recently released mike a cautious forecast. -- there is no secret, the department store business have been through a little bit of a reckoning. obviously, macy's has announced a historic closing program. they have confirmed it's opening it's books for due diligence to earn house capital as potentially moving forward with some consideration of maybe a deal. they have offered $24 per share for that as well. a lot of the -- potential deals might be happening, or at least exploration. >> if you look at where the companies are valued, the traditional department stores, it's like 20% of sales. that has been in decline for years. there are buyers out there who seem to think that maybe that is some floor level or one that can work with. -- it is trading in that zone. >> exactly. they are all department stores, but very different. macy's has been a real estate play, at least in recent years. which seems to be the case. with arkhouse and brigade. they say they want to continue t
including ceo, eric nordstrom, president peter nordstrom, chief merchandising officer, jamie nordstrom last month. the recently released mike a cautious forecast. -- there is no secret, the department store business have been through a little bit of a reckoning. obviously, macy's has announced a historic closing program. they have confirmed it's opening it's books for due diligence to earn house capital as potentially moving forward with some consideration of maybe a deal. they have offered $24...
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Mar 19, 2024
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and so, there are obvious pararells between the nordstrom situation and macy's one.both cases, they are looking to see, can we take this private? maybe we can run it differently and do things that are more revolutionary, in terms of the business model, you know, because you can make changes outside of the public eye without that kind of glare of having to make every quarter. and so, they have in common this notion that being private might be a better way to run it. >> it's karen, thanks for being on. the history of retail sort of it willers with leveraged buyouts that didn't work. so, what do you think the new model is, given where rates are? how much equity do you think you need to have to be able to do a deal where the company isn't burdened by too much debt? >> well, i think the first deals done in retail were done at higher leverage ratios. i saw a study recently, it's very clear that was true. there was a sense these retail companies were cash machines. then you had, you know, competition from the internet, for example, e-commerce and amazon. need to invest in t
and so, there are obvious pararells between the nordstrom situation and macy's one.both cases, they are looking to see, can we take this private? maybe we can run it differently and do things that are more revolutionary, in terms of the business model, you know, because you can make changes outside of the public eye without that kind of glare of having to make every quarter. and so, they have in common this notion that being private might be a better way to run it. >> it's karen, thanks...
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Mar 6, 2024
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finally, we do have nordstrom.g analysts on the top and bottom line, 16% today, a muted outlook for 2024. they are not alone, though, malcolm. a lot of companies are sort of worried about the consumer and response. what is your take on nordstrom here? >> so, i consider this one hold. i don't think it is time to go buying this dip, but i don't think it is a screaming sale, either. we were talking about footlocker, these guys are all focused and we know the challenges department stores are up against with more people working from home, permanently, and even those going back, places have shifted to a less formal wardrobe policy, which impacts what nordstrom customers are buying. with that, nordstrom has managed to return to pre- pandemic revenue numbers, which i think is important. i don't feel good about dependency on mall retail, but i don't think you necessarily have to go dumping those shares today, either. >> fair enough. nordstrom shares down 16% if you are following that one. malcolm, thank you for being left -
finally, we do have nordstrom.g analysts on the top and bottom line, 16% today, a muted outlook for 2024. they are not alone, though, malcolm. a lot of companies are sort of worried about the consumer and response. what is your take on nordstrom here? >> so, i consider this one hold. i don't think it is time to go buying this dip, but i don't think it is a screaming sale, either. we were talking about footlocker, these guys are all focused and we know the challenges department stores are...
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but nordstrom is way down. [laughter] lauren: no one's going into nordstrom.e discount chain. it's down 10%. they're saying sales this year could fall, they could fall 1-2%. they say the consumer is cautious. they're looking for a deal. they're opening the 26 new rack, the discount stores this year, no new nordstroms. when you look at same-store sales, today fell at namesake, rose almost 15% at rack. macy's is doing the opposite, opening more blooming dale cans, because that's where --. bloomingdale's, and nordstrom is saying the op9 sit. stuart: and target is opening 300 new scores. hawmp lauren very on brand and now a loyalty program that you pay for. stuart: look at box. that,s i believe, is a cloud storage a company, and they're partnering with missouri okay, what's the partnership? what are they doing? lauren: they're going to digitize and automate document storage. if you're a user, you could use artificial intelligence if thanks to openai, microsoft to analyze the documents you have stored in the cloud. they had full-year sales top a billion dollars for
but nordstrom is way down. [laughter] lauren: no one's going into nordstrom.e discount chain. it's down 10%. they're saying sales this year could fall, they could fall 1-2%. they say the consumer is cautious. they're looking for a deal. they're opening the 26 new rack, the discount stores this year, no new nordstroms. when you look at same-store sales, today fell at namesake, rose almost 15% at rack. macy's is doing the opposite, opening more blooming dale cans, because that's where --....
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Mar 5, 2024
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first up, let's talk nordstrom's, shares up 30% in the past six years.ing potential challenges ahead as consumers flock to discount retailers. but you believe nordstrom is a buy. why? >> i do want to push back on that note, dom. it does make sense to be a buyer here. let's look back at a five-year persp perspective. the consumer, still recovering, but down about 55%. so as i continue to see strength in the summer, this is a name we want to own. if you look at a forward pe ratio, it's relatively inexpensive. so i think you want to own nordstrom. >> also a featured stock yesterday. i think gina sanchez was talking about the bear case over there. so we have the bull and bear. crowdstrike, shares down 7% today, but doubling over the past year as demand for cybersecurity continues to grow, the price target is $350 a share, reiterating the buy rating. what is your take for crowdstrike? >> you can be a buyer, but you have to be careful. we have testing that 50-day moving average. down about $21 today. but you're seeing a partnership roll out today. we've been t
first up, let's talk nordstrom's, shares up 30% in the past six years.ing potential challenges ahead as consumers flock to discount retailers. but you believe nordstrom is a buy. why? >> i do want to push back on that note, dom. it does make sense to be a buyer here. let's look back at a five-year persp perspective. the consumer, still recovering, but down about 55%. so as i continue to see strength in the summer, this is a name we want to own. if you look at a forward pe ratio, it's...
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Mar 4, 2024
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gina, why bail on nordstrom? >> so the challenge is all eyes right now are on nordstrom rack which is their off-price, and their competitor to ross stores, and other similar off price, but if you look at the general trajectory of retail right now, luxury isn't back and that's still a big component of what nordstrom is about and so that's a challenge when you have the headwind to sort of the main core business and the notion of marking down all of that and killing your margin even more, that's interesting and i don't know that that's a big -- if you look at the shortage right now it's got 17% of free flow right now is currently, you know, in their short interest. i'm not the only one who sees this as a potential headwind for nordstrom. the expectations for growth are not that great and there are low single digits. >> there still could be volatility given the short interest for sure. gina sanchez at latin ido advis see you soon. >> we'll talk retail on "power lunch." shares of macy's are surging as brigade capital
gina, why bail on nordstrom? >> so the challenge is all eyes right now are on nordstrom rack which is their off-price, and their competitor to ross stores, and other similar off price, but if you look at the general trajectory of retail right now, luxury isn't back and that's still a big component of what nordstrom is about and so that's a challenge when you have the headwind to sort of the main core business and the notion of marking down all of that and killing your margin even more,...
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Mar 28, 2024
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who do you think future of those stores is and specifically what will happen with nordstrom, which mayy not go private? >> change going on in the department store sector. koching up to frankly what retail needs to be today look at what tony spring is going at macy's, who spent over 30 years at bloomingdale's enhancing assortment store closings they're doing let's just say around 150 stores generate 50% of macy's sales and 500 doors are closing 150 stores is the right thing to do, because you want to optimize the stores that you have. >> making the money? delivering the money >> exactly contributing. >> con tcentrate on those get r of the rest? >> right things unique to them. at macy's look what just launched just launched donna karan label redirected and good fanfare. how will they be new and different to drive traffic i think it's traffic and then conversion in aur. average unit retail selling price. beginning of it. meantime, these off pricer have the goods the brand and compelling. >> will nordstrom go private >> can they afford it, pay off the debt with that something remaining to
who do you think future of those stores is and specifically what will happen with nordstrom, which mayy not go private? >> change going on in the department store sector. koching up to frankly what retail needs to be today look at what tony spring is going at macy's, who spent over 30 years at bloomingdale's enhancing assortment store closings they're doing let's just say around 150 stores generate 50% of macy's sales and 500 doors are closing 150 stores is the right thing to do, because...
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Mar 19, 2024
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okay. >> can we just jump to nordstrom's? what a sad story. >> why is it sad?to happen? >> if you look at a ten-year chart, i mean, it's just horrifying. for ten years, the annual average return on nordstrom's is nega nega negative 8.2%. the demise of malls and in-person shopping, there have been these discussions the family is looking to sell it to private equity. it gives you a little pop and drops off. here we do the same thing again. that's why it's up today. i'm sorry, folks, this is your offering if you're long in the name. >>> stay with us. "final trades" are coming up. ♪(relaxing music)♪ (♪♪) (♪♪) (♪♪) (♪♪) (♪♪) (♪♪) book in the hotels.com app to find your perfect somewhere. you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so yo
okay. >> can we just jump to nordstrom's? what a sad story. >> why is it sad?to happen? >> if you look at a ten-year chart, i mean, it's just horrifying. for ten years, the annual average return on nordstrom's is nega nega negative 8.2%. the demise of malls and in-person shopping, there have been these discussions the family is looking to sell it to private equity. it gives you a little pop and drops off. here we do the same thing again. that's why it's up today. i'm sorry,...
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Mar 19, 2024
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the stock of nordstrom up 9.25% right now.o fusion pharmaceuticals, getting a bullish infusion today after astrazeneca announced plans to acquire the drug developer for $2.4 billion in cash. yeah, that's good knife for a near -- enough for a near 100%, up 98% at the moment the deal is part of astrazeneca's plan to accelerate next generation cancer treatments. fusion is current arely working on targeted cancer treatments using radioactive isotopes. in other words, the drugs target cancer cells directly and then limit damage to healthy tissue. as a you see, fusion is an absolute winner. that, by the way, $21.07, is an all-time high. astrazeneca down just under a quarter of a percent. unilever shares are moving higher by 2.75% after the consumer goods company announced plans today it's going to spin off its ice cream business. good-bye. unilever's ice cream brands including global brands like ben & jerry's, magnum and walls generated, $8.6 billion in revenue last year but, you know what? unilever says the spin-off will create $87
the stock of nordstrom up 9.25% right now.o fusion pharmaceuticals, getting a bullish infusion today after astrazeneca announced plans to acquire the drug developer for $2.4 billion in cash. yeah, that's good knife for a near -- enough for a near 100%, up 98% at the moment the deal is part of astrazeneca's plan to accelerate next generation cancer treatments. fusion is current arely working on targeted cancer treatments using radioactive isotopes. in other words, the drugs target cancer cells...
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Mar 19, 2024
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one true bright spot is nordstrom. shares are spiking higher, up 12% to 13%. 10% at this point. best day and more than a year on a report out of reuters that the nordstrom founding family is looking at ways to take the company private. they tried to do this six years ago and was unsuccessful. maybe this time working with morgan stanley and centerview maybe the effort will work out. katie: we will see how this time around goes. abigail doolittle, thank you so much. coming up next on wall street we daily, scott bessent joins us to talk about what a trump economic team could look like if he wins the white house. this is bloomberg. ♪ ♪ ♪♪ hello, mia. are you ready to meet your demise? man, we really need to upgrade your trash talk. ♪♪ nice shot... shot... taker. who programmed you?! i'll see you tomorrow. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. ♪ katie: today we are looking at how donald trump might build
one true bright spot is nordstrom. shares are spiking higher, up 12% to 13%. 10% at this point. best day and more than a year on a report out of reuters that the nordstrom founding family is looking at ways to take the company private. they tried to do this six years ago and was unsuccessful. maybe this time working with morgan stanley and centerview maybe the effort will work out. katie: we will see how this time around goes. abigail doolittle, thank you so much. coming up next on wall street...
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it's always on the table, he is in no rush but nordstrom, we expect them to be in a rush. all systems are going it feels good. neil: you don't see likelihood of rate cuts? >> they should not cut rates at all. the data doesn't suggest it. i think there's a whole generation of portfolio managers and investors who came to the market when rates were 0, stayed for 15 years and that is all they know. that is normal. charles: the their kids can't. did i tell you what my wife and i paid for my first mortgage. a whole generation that doesn't know rates are handled higher. >> looking at it historically, 18% when we were their age it wasn't 0 but 2% is not normal. todd: the say we take that out of the equation. you were ahead of the curve and hats off to you but a lot of people aren't and the longer we go without a rate cut, do market have a tantrum? >> if they kept assuming about the narrative get out of control if they had no intention of coming and now they pushed back on the narrative but the idea, rate cuts may be coming but not in march and may and there's a question should the
it's always on the table, he is in no rush but nordstrom, we expect them to be in a rush. all systems are going it feels good. neil: you don't see likelihood of rate cuts? >> they should not cut rates at all. the data doesn't suggest it. i think there's a whole generation of portfolio managers and investors who came to the market when rates were 0, stayed for 15 years and that is all they know. that is normal. charles: the their kids can't. did i tell you what my wife and i paid for my...
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Mar 6, 2024
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shares of nordstrom they're selling off.ting of a sales decline of 1% to 2%, changing consumer trends and higher levels of markdowns weighing on nordstrom with the wind-down of the canadian business. shares down more than 9% box unveiling new large language models designed for microsoft azure. cfo andrew levy talking about the shares up over 2%. >>> coming up, signs of a regional reckoning i may be over as they flock back to the community bank. we speak to a key player in the space and a look at what's really going on. stay with us >>> welcome back to "worldwide exchange." shares of community bank are moving up, coming off their lowest levels since 1996 the stock slowed down 68% on considers about loans and commercial real estate exposure, this coming days before the one-year anniversary of the silicon valley bank collapse the kre regional banking etf is down about 6% since then joining me now on what he's seeing is jim ryan the sixth largest commercial bank in the midwest. jim, it's great to have you here great to have you
shares of nordstrom they're selling off.ting of a sales decline of 1% to 2%, changing consumer trends and higher levels of markdowns weighing on nordstrom with the wind-down of the canadian business. shares down more than 9% box unveiling new large language models designed for microsoft azure. cfo andrew levy talking about the shares up over 2%. >>> coming up, signs of a regional reckoning i may be over as they flock back to the community bank. we speak to a key player in the space and...
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Mar 6, 2024
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nordstrom or macy's, two places i love to shop but they don't have as much data.as well. let alone pay for the technology to truly come up with new conditions. if you're nordstrom and your in- store traffic is down while your recon business stagnates, you may not get enough data for reliable inference and you'll continue to fall behind the other guys. it's a vicious cycle down. at one time all that mattered in retail was signatory management, good eye for what took on the right amount of product and then they'd have a good year. neither was easy. had to have one ion session, the other i am just retaining inventory, which meant in my father's case, the now defunct gambles, counting up men's gabardine trousers on a day the store had to close to make sure it had all the merchandise. not only the inventory we presume the stock will be up? to 3 percent without having to discount the old stuff to get rid of. target has had a miraculous run from yesterday because of inventory, decision to spend more. that will give them even more data. some retailers have a terrific sens
nordstrom or macy's, two places i love to shop but they don't have as much data.as well. let alone pay for the technology to truly come up with new conditions. if you're nordstrom and your in- store traffic is down while your recon business stagnates, you may not get enough data for reliable inference and you'll continue to fall behind the other guys. it's a vicious cycle down. at one time all that mattered in retail was signatory management, good eye for what took on the right amount of...
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Mar 6, 2024
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so, becky, nordstrom down big, i'll send things back over to you. >> dom, thank you very much.ack, investors have been hitting the brakes on tesla's stock since the beginning of the year. we'll talk about the company's latest issues and what it will take to turn that stock around that's next. quk x"ilbeig back. >> announcer: stocks to watch is sponsored by voya, well planned, well invested, well protected. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing across all your benefits and savings options. so you can feel confident in your financial choices. ♪♪ they really know how to put two and two together. voya, well planned, well invested, well protected. >>> tesla stock has taken a hit so far this year, down 27% there has been a series of issues from stock analysts, downgrades, stock downgrades, a dip in shipments in china and arson attack on tesla's plant in berlin joining us now is tim higgins, "wall street journal" reporter and cnbc contributor tim, good to see you not like -- not like we hear great t
so, becky, nordstrom down big, i'll send things back over to you. >> dom, thank you very much.ack, investors have been hitting the brakes on tesla's stock since the beginning of the year. we'll talk about the company's latest issues and what it will take to turn that stock around that's next. quk x"ilbeig back. >> announcer: stocks to watch is sponsored by voya, well planned, well invested, well protected. like your workplace benefits and retirement savings. voya helps you...
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Mar 25, 2024
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all these stores have closed and some are using that, you know, some of the recent store closures, nordstrom and macy's coming up to say, hey, maybe we ought to consider rolling out the red carpet again with the sign. you know being that cars are welcome back. what do you think about that? >> well, the path to a thriving downtown is to make downtown a neighborhood where people live, where they want to visit, where we're building new housing, where we're revitalizing our public spaces. putting cars back on market street isn't going to solve any of those problems. we can do all of those things without putting people's lives in danger. it's really, you know, calling for cars on market street is really just a distraction from the real problems that we're actually facing downtown, that we really need to focus on solving. with more housing, more people, more residents, revitalizing the neighborhood. so you're seeing a whole different vision of downtown, like, less, tall buildings, skyscrapers, office use. >> you mean in and more housing. like, people actually living in those tall buildings. is tha
all these stores have closed and some are using that, you know, some of the recent store closures, nordstrom and macy's coming up to say, hey, maybe we ought to consider rolling out the red carpet again with the sign. you know being that cars are welcome back. what do you think about that? >> well, the path to a thriving downtown is to make downtown a neighborhood where people live, where they want to visit, where we're building new housing, where we're revitalizing our public spaces....
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Mar 7, 2024
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kohl's lenc crafters, ross, tj maxx,c walgreens, carter's, walmart, safeway and nordstrom. >> you havere minds in the room. you have more people that can help process evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the lost items are going to some type of fencing operation. >> the police learned that the items were going to an oakland residence, a residence that was also receiving merchandise from other regional retailers. police got a search warrant. >> what we found in there was incredible. uh, we're still counting up the total loss. >> the fencing operation left sales tags on the goods, made inventory sheets, and even detailed records of the operation, all of which was seized. one person was arrested with. >> more likely, you were on the right track. we are going to explore all of that. >> considering the success of this operation, we thought we'd talk to folks here on the streets of alameda about what they think called that very good policing.
kohl's lenc crafters, ross, tj maxx,c walgreens, carter's, walmart, safeway and nordstrom. >> you havere minds in the room. you have more people that can help process evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the lost items are going to some type of fencing operation. >> the police learned that the items were going to an...
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Mar 6, 2024
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i felt nordstrom really had terrible things. i mean, wow, cautious consumer, minus 1 to 2 same-store sales v to wait for the special big sale in the second quarter. nothing good i didn't mind the problem [ inaudible ]. >> we'll get to a few of the other retail names last night and today. the opening bell and a cnbc real-time exchange. atlas clear celebrating its listing via spac at the nasdaq the 15% pledge calling on companies to dedicate 15% of purchasing power to black-owned brands. >> that's great. i didn't get to finish abercrombie, that was down 4, should not have been down. that was an amazing quarter. >> comps in line abercrombie up 28. >> abercrombie is the best up 57% and the fact that the stock was down 4, i was telling people, there is one opportunity in the world right now that is just wrong the other one is going to surprise and stores are going to be good. >> the upgrade out of gpm. >> gap stores, i don't know if you've been to banana republic, that's the lagging division, it has a lot going. go to gap instead of
i felt nordstrom really had terrible things. i mean, wow, cautious consumer, minus 1 to 2 same-store sales v to wait for the special big sale in the second quarter. nothing good i didn't mind the problem [ inaudible ]. >> we'll get to a few of the other retail names last night and today. the opening bell and a cnbc real-time exchange. atlas clear celebrating its listing via spac at the nasdaq the 15% pledge calling on companies to dedicate 15% of purchasing power to black-owned brands....
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Mar 28, 2024
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to open its books to a potential $6 billion takeover separately a report said founding family behind nordstromd the overall state of retail is mickey drexler. the chairman of alex mill and former chairman and ceo of j. crew you understand merchandizing, the consumer, see where trends are headed look at what's happening with department stores, it's a little scary. a little stunning. i was in one yesterday and pretty empty. >> i understand to the best of my ability, because this business is never one that's a sure bet so i appreciate that, but every day i learn. my opinion, and i've been a broken record on this for, since i worked at bloomingdale's, my first job. macy's a & s and left i was lucky. i got, the anne taylor presence. anyway, i think that it's -- i don't know who could actually turn, you know, all due respect to tony spring who's a good friend, now ceo of macy's corp., that job, i said to tony, i said, tony, you know, this is the hardest job in the world. >> yeah. >> it is and same with nordstrom's. wh why? because i think the world is becoming so much more focused, attempting to be
to open its books to a potential $6 billion takeover separately a report said founding family behind nordstromd the overall state of retail is mickey drexler. the chairman of alex mill and former chairman and ceo of j. crew you understand merchandizing, the consumer, see where trends are headed look at what's happening with department stores, it's a little scary. a little stunning. i was in one yesterday and pretty empty. >> i understand to the best of my ability, because this business is...
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Mar 21, 2024
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las autoridades dijeron que el crimen ocurrió el pasado 17 de marzo en una tienda nordstrom cuando el fue visto por última vez en un sedán honda negro modelo antiguo. los detectives piden que si tiene información, se comunique con las autoridades. arrestaron a un sujeto quienes supuestamente grababa las personas cuando usaban el baño de una cafetería en san josé. la policía dice que entre las víctimas habían varios niños. yomara lópez tiene todos los detalles. la policía de san josé arrestó el pasado 15 de marzo a luigi juárez, de 35 años, por ser el principal sospechoso de colocar una cámara escondida dentro del baño de una cafetería. starbucks en la cuadra 600 de la avenida goldman . la investigación inició el pasado 31 de enero, cuando un trabajador de mantenimiento descubrió la cámara escondida en el baño. cuando los oficiales llegaron al negocio, descubrieron que una cámara fue instalada del bajo de la manos y se encontraba en la dirección de donde se encuentra el uso de baño. los detectives determinaron que ese día, entre las 09:00 y 19:00 de la noche, la cámara captó a más de 9
las autoridades dijeron que el crimen ocurrió el pasado 17 de marzo en una tienda nordstrom cuando el fue visto por última vez en un sedán honda negro modelo antiguo. los detectives piden que si tiene información, se comunique con las autoridades. arrestaron a un sujeto quienes supuestamente grababa las personas cuando usaban el baño de una cafetería en san josé. la policía dice que entre las víctimas habían varios niños. yomara lópez tiene todos los detalles. la policía de san...
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so where are you at least some thing either about nordstrom or ukraine or the fact that the lens he brought us to the verge of world war 3. and the only reason we knew about that was the leaks. i gotta tell ya. i've never seen anything quite like it out, and by the way, when he asked them to respond, they didn't, they ignore them, garland pick it up. well, you know, one of the things that he says is that it's dying on the that, that the mainstream media is dying on the vine. and we've seen lately, massive layoffs all over the mainstream media. the bottom line is this, people are transferring their attention to alternative media to show because this to youtube shows, etc, because they don't get the truth from that make people want, even if they don't, and it was bad for correct. right? absolutely. always things you mentioned were true. i noticed an alternative media people will listen to shows where they don't even ideologically agree with or align with the host. but at least they feel that the person's trying to be honest with them. yeah. they're had trying to have that conversation. you ag
so where are you at least some thing either about nordstrom or ukraine or the fact that the lens he brought us to the verge of world war 3. and the only reason we knew about that was the leaks. i gotta tell ya. i've never seen anything quite like it out, and by the way, when he asked them to respond, they didn't, they ignore them, garland pick it up. well, you know, one of the things that he says is that it's dying on the that, that the mainstream media is dying on the vine. and we've seen...
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Mar 14, 2024
03/24
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department store space, nordstrom losing share or kohl's is still struggling. it depends which store you are seeing. some brands with phenomenal double digit here. it is winners and losers here. i agree with brian. valuations are stretched. you look at abercrombie. the stock is down nicely. valuations imply these comps will incing c chug along. >> we need to get to a news story. kevin plank at under armour. is this meaningful for the stock or industry? >> i think under armour, like so many brands overexposed to wholesale, needs positioning here. they have promotional and the brand needs to be elevated again. their wholesale business was down double digits. shakeup here is needed for the brand. >> brian, quickly. we have to get going. good or bad? meaningful to see kevin plank coming back? >> meaningful. my bet is good. kevin will bring energy back to the brand. >> we have to leave it there. great to see you. thank you very much for your time. >>> still ahead here on "worldwide exchange," architects, listen up. diana olick has a home designed by what else? artif
department store space, nordstrom losing share or kohl's is still struggling. it depends which store you are seeing. some brands with phenomenal double digit here. it is winners and losers here. i agree with brian. valuations are stretched. you look at abercrombie. the stock is down nicely. valuations imply these comps will incing c chug along. >> we need to get to a news story. kevin plank at under armour. is this meaningful for the stock or industry? >> i think under armour, like...
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Mar 19, 2024
03/24
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looking at movers, show me nordstrom, that is moving up today, 11%.auren: the founding family are looking to take it private and have asked investment banks morgan stanley, reach out to private equity firms to gauge their interest. stuart: supermicro. lauren: they make the ai servers with nvidia chips, they launched this 2 million share offering and want to use proteins to support their operation, fill out their manufacturing capacity. research and develop. this is a stock at $882 that has gained 1000%. stuart: another one we missed. micro strategy. lauren: one more bitcoin. they on 115,000 bitcoin, more than 1% of the total in a distance. stock is down 15%. bitcoin is coming back a bit. record high, the largest spot etf. back to record levels. grayscale is the biggest one based on record outflows yesterday, 640,000. stuart: new yorkers who fled to low tax states texas and florida. it looks like some of them didn't save as much as they thought. this is bad news for guy like me. lauren: they save money but not as much. half-million new yorkers bled and
looking at movers, show me nordstrom, that is moving up today, 11%.auren: the founding family are looking to take it private and have asked investment banks morgan stanley, reach out to private equity firms to gauge their interest. stuart: supermicro. lauren: they make the ai servers with nvidia chips, they launched this 2 million share offering and want to use proteins to support their operation, fill out their manufacturing capacity. research and develop. this is a stock at $882 that has...
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Mar 5, 2024
03/24
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we watch earnings from target and box and nordstrom and crowdstrike.sday in the united states with a dozen states holding the primary contest for the 2024 president presidental race. >>> look at futures this morning. they are in the red across the board. the dow is off the lows of earlier, but would open 5 a5 points lower. joining me now is jay woods from fre freedom capital markets. futures are under pressure right now. >> we have come so far, so fast. i know you highlighted jim cramer who was talking about a pullback. we have gone 87 days without a direc correction in the s&p. >> we want to keep you. >> what happens when you run too far, too fast? you take a break. a 5% correction and i say this happens three times on average a year. we are still above all technical levels. this is normal and healthy. we take a break this time of year. i'm not concerned about any small pull back. i use it to put money to work. >> jay wood saying buy the dip. you have your wex word of the day. you cheated a bit. >> i know. where do you want to invest? h.i.m. we talk s
we watch earnings from target and box and nordstrom and crowdstrike.sday in the united states with a dozen states holding the primary contest for the 2024 president presidental race. >>> look at futures this morning. they are in the red across the board. the dow is off the lows of earlier, but would open 5 a5 points lower. joining me now is jay woods from fre freedom capital markets. futures are under pressure right now. >> we have come so far, so fast. i know you highlighted jim...
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Mar 4, 2024
03/24
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earnings include target and nordstrom and campbell's soup and the gap.s with the jolts report. central banks are in focus with jay powell testifying before congress and ecb rate decision. speaking much congress, lawmakers are racing to approve funding bills before the deadline this week. we are also watching super tuesday with a dozen primaries and caucuses and the state of the union address. a very busy week. the markets kicking off with the s&p and nasdaq sitting at fresh record all-time highs. we see the pressure here with the dow opening 75 points lower. let's bring in ivory johnson founder of delancy wealth management. ivory, good to see you. >> good to see you, frank. >> ivory, take your temperature. how do you see the week shaping up? what is the word of the day? >> my word of the day is breadth. microsoft and google were down. i had to rub my eyes with the concentration of the magnificent seven. what has happened is we very broader participation. that is why breadth is the word of the day. 78% of stocks are above the 200-moving day average line.
earnings include target and nordstrom and campbell's soup and the gap.s with the jolts report. central banks are in focus with jay powell testifying before congress and ecb rate decision. speaking much congress, lawmakers are racing to approve funding bills before the deadline this week. we are also watching super tuesday with a dozen primaries and caucuses and the state of the union address. a very busy week. the markets kicking off with the s&p and nasdaq sitting at fresh record all-time...
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Mar 8, 2024
03/24
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nordstrom and foot locker. macy's closing stores.t does that mean about the future of what used to be an american staple? >> now i'm talking about my own perspective. this is not mastercard numbers tore t or thoughts. the middle of the markets where the stores are sitting have to reinvent themselves. they are looking at different formats or different types of relationships with the vendors such as concessions. they have to change their game. the value players are doing exceptionally well. those are the number of brands that fit within that are tjx and ross and burlington are all performing well. the department stores have had a tougher game. you will see changes going on. a number of brands in the middle, the department stores, are creative in what they are doing. i think change is what they need to be doing. >> i want to come back to the report. restaurants were up 6% year over year. over the last couple months, we have seen more people go to the experience as opposed to physical things. where is the consumer right now? credit cards
nordstrom and foot locker. macy's closing stores.t does that mean about the future of what used to be an american staple? >> now i'm talking about my own perspective. this is not mastercard numbers tore t or thoughts. the middle of the markets where the stores are sitting have to reinvent themselves. they are looking at different formats or different types of relationships with the vendors such as concessions. they have to change their game. the value players are doing exceptionally well....
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Mar 6, 2024
03/24
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. >>> nordstrom moved lower. topping analysts' expectations for fourth quarter sales but issued a weaker forecast for the year ahead it guided a four-year revenue in a range from the 2% decline to a 1% gain compared to the previous year adding that fourth quarter results should be near break even or slight loss. >>> on to cryptos, bitcoin briefly touching a new all-time high of 69,000 overnight before pairing back some of the gains, gaining by what looks like 8% particularly during asian trading and inching closer to another record high. it's been on a meteoric rally this year, up nearly 50% since late january questions will be asked then, how much of this is just a fomo trade then i mean it's up 73 million percent if you take a look at that price from july 10th. so very interesting data to look at there. >>> onto the commodity space then, gold prices are steady today. that's after hitting a record peak in the previous session the sentiment-driven rally await key testimony from fed chair jerome powell that happen
. >>> nordstrom moved lower. topping analysts' expectations for fourth quarter sales but issued a weaker forecast for the year ahead it guided a four-year revenue in a range from the 2% decline to a 1% gain compared to the previous year adding that fourth quarter results should be near break even or slight loss. >>> on to cryptos, bitcoin briefly touching a new all-time high of 69,000 overnight before pairing back some of the gains, gaining by what looks like 8% particularly...
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servers up 26% right now looking to retail earnings next week we will get target, ross stores costco nordstroming numbers next week get ahead of iter sheers joel shulman great to see you. thank you so much for being here assess the season for us if you will, your reaction to what we're seeing. >> sure. well i think this has been a big year particularly for i.t. and healthcare, i mentioned, last month a big month up 10 1/2 to 11% big month primarily driven by ai stock i know has been a story talked about last time i don't know your shoe ai a big story, driving nvidia other we talked about before this is a big month next week drug paraphernalia earnings, we have seen real estate, utilities get hurt, biotech another area big winners, far exceeding, the expectations last year you mentioned, about earnings so forth this earnings season, has been filled with surprises a lot of surprises. last year a lot of investors o don't know this last year we had expectations of declining earnings declining revenues, and companies cut costs we had a big year last year particularly in tech, up 30, 40% when you ha
servers up 26% right now looking to retail earnings next week we will get target, ross stores costco nordstroming numbers next week get ahead of iter sheers joel shulman great to see you. thank you so much for being here assess the season for us if you will, your reaction to what we're seeing. >> sure. well i think this has been a big year particularly for i.t. and healthcare, i mentioned, last month a big month up 10 1/2 to 11% big month primarily driven by ai stock i know has been a...
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Mar 29, 2024
03/24
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FOXNEWSW
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think it's worth scrolling on the screen there as we go through this and everything from whole foods to nordstromarbucks are all going out. the freedom economies index survey found that 13 percent of small businesses were happy with being located in california. 40 percent lower than the national average. it's unbelievable win you look at the regulations, when you read through these things and you wonder why would anybody do business in california? they are constantly pouncing on you. >> if you ever wondered if it was intentional the destruction of the small businesses, i think we now know that it probably is because it's part of a much grander strategy. we talk about how horrible this is and everybody agrees. source the worker and especially the entry-level worker. they are losing their jobs and if all of these small businesses get replaced, it's going to get automated. so this is hurting the worker. >> trace: have you explain this? have you said you are not helping us at all. >> the thing is that they don't care. the bureaucracy gets so big there's that fusion responsibility where it's somebody
think it's worth scrolling on the screen there as we go through this and everything from whole foods to nordstromarbucks are all going out. the freedom economies index survey found that 13 percent of small businesses were happy with being located in california. 40 percent lower than the national average. it's unbelievable win you look at the regulations, when you read through these things and you wonder why would anybody do business in california? they are constantly pouncing on you. >>...
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Mar 23, 2024
03/24
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the stolen merchandise came from places like cvs, walgreens, sephora nordstrom for. >> sometimes it'sd so often they cannot keep up with it and they don't report it. so it's easy crime to get away with it. >> is a lot of things stacked against us in california. i think people tend to be soft when it comes to these type of crimes they are probably right. we have work to do with legislation and get some of the laws changed. >> speaking of changes bipartisan effort is now underway in california to reform proposition 47 a criminal justice reform measure which lowered the penalties for many theft crimes from felonies to misdemeanors even on repeat offenses. meantime deputies continued to sort through the massive amount of evidence from the retail crime bust we witnessed. it will likely amount to more than half a million dollars in stolen products. since october this task force has made more than 500 arrests and recovered more than $8 million worth of stolen merchandise. >> christina coleman, thanks. heavy rains approving and deadly in brazil protest taking place in taiwan and india. those
the stolen merchandise came from places like cvs, walgreens, sephora nordstrom for. >> sometimes it'sd so often they cannot keep up with it and they don't report it. so it's easy crime to get away with it. >> is a lot of things stacked against us in california. i think people tend to be soft when it comes to these type of crimes they are probably right. we have work to do with legislation and get some of the laws changed. >> speaking of changes bipartisan effort is now...
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Mar 7, 2024
03/24
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experts at old navy, kohl's, lenscrafters, ross tj maxx, walgreens, carter's, walmart, safeway and nordstroms in the room. you have more people that can help process. evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the lost items areúgoing to some type of fencing operation. >> the police learned that the items were going to an oakland residence, a residence that from other regional retailers. police got a search warrant. what we found in there was incredible. >> we're still counting up the total loss.t& >> the fencing operation left sales tags on the goods made inventory sheets and even detailed records of the operation, all of which was one. >> we are going to explore all of that. >> considering the success of this operation, we thought we'd talk to folks here on the streets of alameda about what they very good policing. >> i think the citizens of alameda are very fortunate to have a police department that's proactive and is shutting this kind of crime
experts at old navy, kohl's, lenscrafters, ross tj maxx, walgreens, carter's, walmart, safeway and nordstroms in the room. you have more people that can help process. evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the lost items areúgoing to some type of fencing operation. >> the police learned that the items were going to an oakland...
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Mar 15, 2024
03/24
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FBC
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and a slew of retail earnings report, and lowes was negative, nordstrom negative, kohl's was negativeme depot negative. most retailers have lower sales. somewhere positive, walmart is doing okay, they sell a lot of food to t.j. maxx, tj x is the parent company. sporting goods reporting a slight gain. people - especially athletic apparel -- continues to be great. amazon continues to grow. most retailers are trying to make the most of every dollar. higher-margin rates, and higher prices, cutting expenses across the board. ashley: dollar tree announcing closure of a thousand stores. what is your take on that? >> the same phenomenon. hard to be a dollar store, sell things for a dollar when inflation is going up. they can't. so they have to raise prices above that. meanwhile the consumers, especially lower income consumers are distressed and that is why we see poor performance out of them. dollar general which is doing better when the report came out, we are seeing a struggle in the value segment because that's the poorest of americans and really at the bottom is where we see the strain i'
and a slew of retail earnings report, and lowes was negative, nordstrom negative, kohl's was negativeme depot negative. most retailers have lower sales. somewhere positive, walmart is doing okay, they sell a lot of food to t.j. maxx, tj x is the parent company. sporting goods reporting a slight gain. people - especially athletic apparel -- continues to be great. amazon continues to grow. most retailers are trying to make the most of every dollar. higher-margin rates, and higher prices, cutting...
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nordstrom is done and 2% decline and 1 bernards healthcares gain last year and food locker worse downbout stomped after the sneaker retailer reported a loss for the fourth quarter and issued weak guidance for the current year. and super microcomputer looking super after argas initiated the data company with a buy and price company of 1,350. the stock right now is at 1,133 and change. by the way, argas at straight high and it says it's super microcomputer and smci for those of us that have been following markets for a bit longer than five minutes is primed for multiple years of strong top line growth and march an expansion and eps acceleration and stock is hitting a record at this hour and up 1,000% over just the past year. new attacks, serious attacks in the red sea adding pressure for energy sector reeling from opec's latest announcement and pain at the pump and truck drivers head to the city of brotherly love and more on the rising price of gasoline. the vanguard energy etf ticker vbe, well, it's up over the last two weeks. what's interesting is over the last year it had actually be
nordstrom is done and 2% decline and 1 bernards healthcares gain last year and food locker worse downbout stomped after the sneaker retailer reported a loss for the fourth quarter and issued weak guidance for the current year. and super microcomputer looking super after argas initiated the data company with a buy and price company of 1,350. the stock right now is at 1,133 and change. by the way, argas at straight high and it says it's super microcomputer and smci for those of us that have been...
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Mar 26, 2024
03/24
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and i wanted to wear american made clothing and i was, i remember standing in the dressing room of nordstrom's saying why, can't i find one thing that looks good on me that made in america? and i wondered where all those companies went. so, so thank you for answering my question. so just just to kick us off, can youus a little bit about the characters, your main characters this wonderful couple you follow and their company. what are they all about? and what was what were they trying to create? just introduce us, bring us into this world. absolutely so i'd like to introduce. to the world. ben whitney waxman, they are a husband and wife team. they are from portland, maine, where they live in portland, maine, actually, whitney not from maine. she'she has lived around the world. and when they met they were both at a moment of great ben had spent ten years very high up at the afl cio working pretty closely with ricely passed away. but here he was the storied president of the afl, cio which people know is the large umbrella federation of many unions in the united states representing 12 million worke
and i wanted to wear american made clothing and i was, i remember standing in the dressing room of nordstrom's saying why, can't i find one thing that looks good on me that made in america? and i wondered where all those companies went. so, so thank you for answering my question. so just just to kick us off, can youus a little bit about the characters, your main characters this wonderful couple you follow and their company. what are they all about? and what was what were they trying to create?...
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Mar 4, 2024
03/24
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BLOOMBERG
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there's a busy week, big day is tuesday when we have ross, nordstrom, foot locker, foot locker is onednesday, and then back to cast coast, gap, burl ton, kroeger on thursday. we've seen some weak innocence those big box retailers, but they have been able to kind of pull out a little bit more wins over the past couple of quarters than many analysts anticipated. what we really do expect to see is discount, showing some same-store sales gains like burlington expected, gains of as much as 11%, costco also expected to do well, while we see kroeger, target starting to see a little bit more declines. frankly, what we've seen the last couple of quarters has been a lot of confusion around this space. how is the consumer doing? because many of these retail names have consistently outperformed. so i think the jury is out. we see a weakens consumer overall, that's the expectation from analysts. but just how weak are we going to see? katie: hopefully we'll get some clarity this week. on the retailers, outside of earnings, we have to talk about macy's. shares are absolutely flying today, currently
there's a busy week, big day is tuesday when we have ross, nordstrom, foot locker, foot locker is onednesday, and then back to cast coast, gap, burl ton, kroeger on thursday. we've seen some weak innocence those big box retailers, but they have been able to kind of pull out a little bit more wins over the past couple of quarters than many analysts anticipated. what we really do expect to see is discount, showing some same-store sales gains like burlington expected, gains of as much as 11%,...
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Mar 23, 2024
03/24
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FOXNEWSW
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deputies say the items came from a variety of retailers including cvs, walgreens, sephora and nordstromhe ongoing smash and grab crimes here in california. >> it is rampant it. it's going on daily. every time we go out and do operation sometimes we cannot keep up with the amount of traffic the amount of suspects are stealing. >> not focus on busting the suspects doing all the ceiling for their focus on bringing down the entire organized retail crime chain including the getaway drivers and those who store and sell all of the stolen merchandise. >> that law enforcement is going after them. christina, thank you. anita: the problems keep coming from boeing. it's jets have been in a series of recent high profile mishaps. this united airline 7:30 seven max eight rolling off a houston runway and getting stuck in the grass. now the fbi is telling passengers on that alaska airlines flight that lost a door plug in mid air that they might be crime victims. kyle bailey as a pilot former faa safety team representative. i hear talk about this. kyle, thank you for coming on today pretty when to start
deputies say the items came from a variety of retailers including cvs, walgreens, sephora and nordstromhe ongoing smash and grab crimes here in california. >> it is rampant it. it's going on daily. every time we go out and do operation sometimes we cannot keep up with the amount of traffic the amount of suspects are stealing. >> not focus on busting the suspects doing all the ceiling for their focus on bringing down the entire organized retail crime chain including the getaway...
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numbers, target without any moment the stock up one in three quarters percent, later raleigh or from nordstromstores "after the bell" with costco and kroger, bj's out on thursday into the window coming out this week, joining me to get out of it wealth advisor founder and president mark avallone, great to see you what you expected from the retail quarterly numbers. >> i think it's good to be store by store action it's good to be about execution, the consumer is still spending and services are outstripping goods so that's been a headwind for retailers travel on independent activities other than staying home and buying goods has been the focus of the spend, macy's had a mixed bag we were surprised the digital sales went down that's a company by company, walmart was 60% of the groceries and target with only 20% that's a bigger headwind for target because they need traffic in their stores cvs is pulling out some of the stores that we see them looking forward having trouble getting foot traffic relative to wal walmart. maria: that's a great point were getting your from the federal reserve we have in
numbers, target without any moment the stock up one in three quarters percent, later raleigh or from nordstromstores "after the bell" with costco and kroger, bj's out on thursday into the window coming out this week, joining me to get out of it wealth advisor founder and president mark avallone, great to see you what you expected from the retail quarterly numbers. >> i think it's good to be store by store action it's good to be about execution, the consumer is still spending and...
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Mar 7, 2024
03/24
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KTVU
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experts at old navy, kohl's, lenscrafters, ross, tj maxx, walgreens, carter's, walmart, safeway and nordstromave more people that can help process. evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the loss items are going to some type of fencing operation. >> the police learn that the items were going toúan oakland residence, a residence thatúwas also receiving merchandise from other regional retailers. police got a search warrant. what we found in there was incredible. >> we're still counting up the total loss. left sales tags on the goods made inventory sheets and even detailed records of the operation, all of which was seized. one person was arrested with more likely youc were on te right track. >> we are going success of this operation, we thought we'd talk to folks here on the streets of alameda about what they think called that very good policing. >> i think the citizens alameda are very fortunate to have a police department that's proactive and is
experts at old navy, kohl's, lenscrafters, ross, tj maxx, walgreens, carter's, walmart, safeway and nordstromave more people that can help process. evidence can help put together a case. >> it all began with a february 9th organized grand theft at the old navy store in the south shore shopping center. >> when it comes to retail theft, the loss items are going to some type of fencing operation. >> the police learn that the items were going toúan oakland residence, a residence...
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Mar 6, 2024
03/24
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nordstrom also issued a disappointing quarterly report but announced it will focus on its nordstrom rackl. well,úthat stock up slightly as that opening bell rang this morning. the major market indexes also headed higher as that bell rang this morning. and right now fed chief jerome powell is answering questions on capitol hill about the economy and interest rates, basically saying that the fed is not ready to start cutting rates as we take a live look at the big board numbers across the board, they are up. no huge gains right now, but the dow jones up about a third of a percent. as you can see, the s&p 500 up a little stronger. about a half of a percent. same for the nasdaq this morning. new numbers show electric cars are gaining data also indicates ev popularity is confined to specific regions rather than nationwide. s&p global mobility is an auto industry research firm. it reports evs made up 8.5% of new auto registrations last year. major cities in the west coast,c especially the bay area, are posting huge gains, though electric cars now make up nearly 40% of new auto registrations in
nordstrom also issued a disappointing quarterly report but announced it will focus on its nordstrom rackl. well,úthat stock up slightly as that opening bell rang this morning. the major market indexes also headed higher as that bell rang this morning. and right now fed chief jerome powell is answering questions on capitol hill about the economy and interest rates, basically saying that the fed is not ready to start cutting rates as we take a live look at the big board numbers across the board,...
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we'll hear from target, ross stores, costco, nordstrom and bjs.a look at the three months for retail which have been positive for these stocks as well. joining me is commonwealth financial network chiefer brad f financial officer, brad mcmillan. your reaction. >> i think it's rational ex exuberance. when you look at the economy, when you look at the earnings results, companies are doing well. companies are making money and i think the market is responding what do you want to say about new york community bank corp. and the unsettled trading happening in the regional banks? look at the 10 year treasury yield this morning with interest rates staying pretty elevated. you've got great moves. nasdaq is up 7% year-to-date. and of course it is largely on the idea that rate cuts are coming. this morning the 10 year is at 4.23%, that's down 1 and-a-half basis points. san francisco federal reserve president mary daily said fed officials are ready to lower interest rates as needed and will adjust as data demands them to do so. we've got jobs data on deck next
we'll hear from target, ross stores, costco, nordstrom and bjs.a look at the three months for retail which have been positive for these stocks as well. joining me is commonwealth financial network chiefer brad f financial officer, brad mcmillan. your reaction. >> i think it's rational ex exuberance. when you look at the economy, when you look at the earnings results, companies are doing well. companies are making money and i think the market is responding what do you want to say about new...
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Mar 12, 2024
03/24
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the shares are down 2% like macy's, like in order if strom is, they're warning of -- nordstrom, they're shopper e. their sales are down for 8 quarters in a row, but they managed to eke out a surprise profit because of better inventory management, keeping costs in line and, of course, they have a brand partnership with sephora, store within a store kind of concept, and that's working out for them. ashley: yeah. to o.k. completely changing subjects now, lauren, what about cyber truck owners? apparently, they're trying to flip the cars for profit, right? lauren: you can't do it. if you're found guilty of it, you will be fined $50,000. basically, or you'll be sued by tesla. when an owner puts down a $100 deposit for a cyber truck, they also sign a contract, and can that contract says you can't sell the truck for a year. well, some owners are trying to resell the trucks online for over $200,000. and some goes depositors are listing the trucks online before delivery. so when tesla finds out about that, they cancel those orders. so here's the deal, let's say you get your cyber truck, you don't
the shares are down 2% like macy's, like in order if strom is, they're warning of -- nordstrom, they're shopper e. their sales are down for 8 quarters in a row, but they managed to eke out a surprise profit because of better inventory management, keeping costs in line and, of course, they have a brand partnership with sephora, store within a store kind of concept, and that's working out for them. ashley: yeah. to o.k. completely changing subjects now, lauren, what about cyber truck owners?...
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Mar 23, 2024
03/24
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. >> -- nordstrom. >> they can't keep up with it and they don't report it, so it's an easy crime to getthere's a lot of things stacked against us in california. i think people tend to think that the laws are soft when it come the these types of crimes, and they're probably right. so we have some work to do the with legislation to get some of the laws changed. >> reporter: speak of change, a bipartisan effort is now underway in california to change a policy. proposition 47, a criminal justice reform measure which many have long said is contributing to the state's rampant retail crime. since last october this retail task force has made more than 500 arrests and recovered more than $8 million in stolen merchandise. aishah? aishah: chris sustain that coleman live nurse out of l.a., thanks. griff: new reaction coming in from around the world after princess kate announces her cancer diagnosis. that's next. ♪ because liberty mutual customized my car insurance and i saved hundreds. that's great. i know, right? i've been telling everyone. baby: liberty. did you hear that? ty just said her first
. >> -- nordstrom. >> they can't keep up with it and they don't report it, so it's an easy crime to getthere's a lot of things stacked against us in california. i think people tend to think that the laws are soft when it come the these types of crimes, and they're probably right. so we have some work to do the with legislation to get some of the laws changed. >> reporter: speak of change, a bipartisan effort is now underway in california to change a policy. proposition 47, a...
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Mar 27, 2024
03/24
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we have -- nordstroms is an amazing company in washington state. they were looted.all broken. the flagship store in seattle. it's unfortunate what's going on. our police are the b and the brightest in the country and we need to make sure they have resource, funding, everything they need. >> macy's announced they're closing 150 stores. you know what it costs to build 150 stores. the real writeoff is not really evident because to replace the 150 stores they're closing is astronomical. maria: your stores implemented something to try to put a stop to the shoplift, right? what are you doing? >> the story we were telling the other day, we put a special code on the ice cream because they're liquid assets. people would steal it. they have to sell it to the nearest store. they can't carry it around for too long. and they would steal five, 600, $700 at a time and the smallest -- part of the problem is it's haagen dazs' fault. the smallest stores are not being sold by haagen dazs. so for them to get haagen dazs, they would have to steal it, somebody has to steal it from our st
we have -- nordstroms is an amazing company in washington state. they were looted.all broken. the flagship store in seattle. it's unfortunate what's going on. our police are the b and the brightest in the country and we need to make sure they have resource, funding, everything they need. >> macy's announced they're closing 150 stores. you know what it costs to build 150 stores. the real writeoff is not really evident because to replace the 150 stores they're closing is astronomical....
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Mar 6, 2024
03/24
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CNBC
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but, shares have run pretty far up as a result of today's downward move, and nordstrom, too.sensus for revenue. shares, down something like 16%. draft business turning in much stronger sales than the full- line department business, so that tells ou consumers are really focused on looking for those value conscious kind of items. scott, back over to you. >> courtney reagan, josh brown, we have about 90 seconds to go. give me something on uber, which i have been watching the last few days? doesn't look too great, down 3% or so for the week, thus far. one of those stocks that was up an awful lot, and there is a bit being trimmed off of it. >> it is my biggest holding, it is a stock that has had a huge run going into the earnings. the earnings confirmed that it deserves that run, but like all other tech world stocks, even though it is industrial, the question is, what have you done for me lately, and what is next? we will see. but, i am not going anywhere, i'm sticking with uber, i think it is a $100 stock, it is just a matter of time. but, i do think they have one of the best ceo
but, shares have run pretty far up as a result of today's downward move, and nordstrom, too.sensus for revenue. shares, down something like 16%. draft business turning in much stronger sales than the full- line department business, so that tells ou consumers are really focused on looking for those value conscious kind of items. scott, back over to you. >> courtney reagan, josh brown, we have about 90 seconds to go. give me something on uber, which i have been watching the last few days?...
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Mar 4, 2024
03/24
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. >> we have a big week of earnings, nordstrom, abercrombie, foot locker, victoria's secret, american is ross your favorite of all of those companies this week? >> you are going to see strong numbers out of ras and burlington. the two of prices. i think in the specialty space, we are focused on abercrombie later this week. that is a company that has done really nice job expanding that total addressable market as well. i think that again, what we are focused on are these best in class brands. you've seen it with birkenstock, you are going to see it with continued results out of those brands that the consumer is coming out to with organic traffic. >> what is the story with the gap? you upgraded to neutral on 2:26. that means the you're kind of like, whatever. >> marginal self help. to me, destabilizing old navy, you stabilize the gap. that's 80% of sales. now you have 150 million in cost savings. on top of, that you have the product cost savings with the entire space facing. i think the one other thing that i would like to say here, you have a near term inflection, meaning that our econ
. >> we have a big week of earnings, nordstrom, abercrombie, foot locker, victoria's secret, american is ross your favorite of all of those companies this week? >> you are going to see strong numbers out of ras and burlington. the two of prices. i think in the specialty space, we are focused on abercrombie later this week. that is a company that has done really nice job expanding that total addressable market as well. i think that again, what we are focused on are these best in...
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Mar 6, 2024
03/24
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KRON
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nordstrom's down 13%. again, this big box retailers are struggling to pay rents and make profit margins. and week a big jobs report on friday, daria to wall street's looking forward okay now let's talk food because we love doing that. >> hot dogs and not hot dogs. i love that of first with the hot dogs. a costco or you get a great deal. what's the problem that? >> are people sneaking in and getting this buck 50 dogs. >> you hit it right on the edge the membership shop at costco and even cracking down on people who are bringing in friends. now they're going start cracking down on the food court. so no $1.50, hot dog for you with a soda are big. big which i've done many a times for the soccer gathering and things like that. yeah. >> how are they going to stop you? >> they can ask for card. when you purchase. that's right. okay. >> they had done that in in the in the past. they haven't done that. >> they've been very lenient to say the k. >> so if you can't get that hot dog, you can get the not hot dog. i don
nordstrom's down 13%. again, this big box retailers are struggling to pay rents and make profit margins. and week a big jobs report on friday, daria to wall street's looking forward okay now let's talk food because we love doing that. >> hot dogs and not hot dogs. i love that of first with the hot dogs. a costco or you get a great deal. what's the problem that? >> are people sneaking in and getting this buck 50 dogs. >> you hit it right on the edge the membership shop at...
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Mar 22, 2024
03/24
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KGO
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services, really helping them understand the broad careers that are available in sports >> we arrived at nordstrom panel interviews and stuff like that. we had a little lunch, i got to talk with my mentor and they flew all the way from new york to here to meet with me. it was a really nice experience for me and also impactful. what i learned from my mentor. she's a really sweet and a nice person. i think she's so far very supportive of like how i am and with who i am too. >> because over the next two days, just use your voice. your voice is a very powerful tool. >> we're really hoping this is an opportunity for young women to be able to connect with professionals and really understand what can come after their careers in high school. >> what i truly want to do is to be either a movie director or a person that makes a script for a movie. i would say that one tip that i learned is to be confident about myself and to push myself in, like different situations, to make them some different people. we are so happy to have you here yesterday, today, engaging in this experience with us. >> so on behalf of
services, really helping them understand the broad careers that are available in sports >> we arrived at nordstrom panel interviews and stuff like that. we had a little lunch, i got to talk with my mentor and they flew all the way from new york to here to meet with me. it was a really nice experience for me and also impactful. what i learned from my mentor. she's a really sweet and a nice person. i think she's so far very supportive of like how i am and with who i am too. >> because...
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Mar 6, 2024
03/24
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nordstrom also issued a disappointing quarter, but announced it will focus on its nordstrom rack formateir listing on the exchange. thank you for joining us here on mornings on two. i'm pam cook and good morning i'm dave clark. >> it is wednesday. it's march 6th. it's also raining outside the studio. it is okay. >> we'll see. right. >> thinking about it. there we go. see? yeah. it's been lifting south the north. and so it's a rainy morning here for many, this system was originally down towards san jose. santa cruz mountains. and it says i think i'll just go south to north. and that's exactly what's happening. so we're seeing rain now towards san francisco, oakland, berkeley, lifting along san pablo bay, east bay and areas north. but the heaviest amounts by far have been around san jose, santa clara, santa cruz mountains. so look for some rain this morning. when it rains, it pours. well i'll tell you, we're stuck in our. it's a rainy pattern. cloudy, cool morning rain south to north. heaviest rain, though, will be to the south. here i would favor the santa cruz mountains, san jose area 6
nordstrom also issued a disappointing quarter, but announced it will focus on its nordstrom rack formateir listing on the exchange. thank you for joining us here on mornings on two. i'm pam cook and good morning i'm dave clark. >> it is wednesday. it's march 6th. it's also raining outside the studio. it is okay. >> we'll see. right. >> thinking about it. there we go. see? yeah. it's been lifting south the north. and so it's a rainy morning here for many, this system was...
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Mar 20, 2024
03/24
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we've got a customer in minneapolis who is in the mall of nordstroms.tually got burned out on lake street as part of the unrest associated with george floyd's murder and had to sell his car. so we recently did some work with him, got a loan for him and he's now open and running shop there inside of the mall of america if you get a chance to go to minneapolis twin cities go by and visit him and buy sot. >> a consumer customer that had 1200 in their account. there was fraud. and same day they reached out to us we're sorry that happened to you, fraud is prevalent. here is the money back into your account, same day, we'll investigate it and take care of it. she reached out to me and wrote a letter and brent, never in my life have i felt that my bank has had my bank. that's what we're about. why not give our customers the benefit of the doubt? sure there's bad actors that will take advantage, those are the minority. the majority of people like this fine woman that said you know what? all i want is somebody that believes in me. >> john the last word. >> i'mnk
we've got a customer in minneapolis who is in the mall of nordstroms.tually got burned out on lake street as part of the unrest associated with george floyd's murder and had to sell his car. so we recently did some work with him, got a loan for him and he's now open and running shop there inside of the mall of america if you get a chance to go to minneapolis twin cities go by and visit him and buy sot. >> a consumer customer that had 1200 in their account. there was fraud. and same day...