lauren: you have liz claiborne.osal for changing the company was the no-discount model. that is we're a company that as you has the lowest prices and have no discounts t ran counter to the trend among consumers. has he been repentant on that particular point? >> i don't think so. he has every day pricing strategy. david: can the company turn around if it is pursuing a strategy that is counter to consumer trends? >> i think that it can because one of the things that most people aren't noticing that the home category is basically dropped out of the store. when it was $20 billion a year revenue company, home was about 20% of that revenue. about $4 billion. it is about 10% of the mix right now and they're a $13 billion company. they have been retooling that pretty aggressively. we think that by launching on that front and being able to bring that consumer back into the store with a much more diversified and updated offering these guys will be able to recapture some of that business. lauren: there are some good things go