in fact what we see more and more especially for french department store brands. exporting and internationalizing someone con sick i think of galerie lafayette which opened in beijing and this year opened their second store in shanghai. he said that they'ree also opening a store luxembourg. so we see that they cross border real- some- worker- consciously frontier. and you see the landscape for these goal might as i in paris is being that's a little bit too crowded. because we could listen i di$e going to come back- they could be all the foreign competitors entering the gamame to think its a crowded market. optional i thinink it's s a good thing for parisian department stores to have competition in that competition is a growing. is it the more competition you have the more it stimulates the market. and the more develops customer demand to you'll stay on boulevard hasta many of the galerie lafayette and you have. to contact one of them was to close it would be very bad for the other contrary to what we might think that. because the area would be less of a magnet for

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i think there are two main trends for department store. the first trend is to offer more places to economist that allows customers to stay longer in the department store. that's the first tres get a second trend is that there are more andnd moe services to make life as easy as possible for customers. so you have click and collect. that's when you place an order online and you pick it up in the store. you also have personal shoppers to give you

i think the department store is being hit hard by some of the things we've talked about within apparel, younger consumers shopping for clothing has changed. >> another area that seems to be interested in both stores that sell products, stores themselves and retailers themselves or two principles, how does that work? >> i think it's been interesting because i think particularly among the younger generation, they are looking to businesses to lead in these areas. they don't expect them to be followers and go along with governmental policies, they expect them to be out there taking a stand. you see companies that have long been trailblazers in this space. we seen others like rei, the ones you would expect to play a role the are also some bigger brands looking to address their supply chain, ensuring they are becoming more sustainable because they know if that's what they're shoppers wealth demand. >> i mentioned the apple store, they are realizing physical retailing makes a huge amount on mind but they still have enormous traffic to their stores. microsoft opens stores and others are lookin

but the department stores never look irrelevant. and why they made more than a miracle on 34th street to turn around. >>> and then two analysts enter but only one leaves. don't miss an epic showdown over the fate of at&t >>> and -- is down 18% year-to-date is it time to buy or does the choppy action give you pause after that vm ware question. i have the exclusive with the ceo so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. we believe in education built for all people., - [woman] snhu was the best experience of my life. - [man] without snhu, i wouldn't be the leader i am today. - [woman] i graduat

and excesses of christmas day comes the dedications home for boxing day bargains and britain's department stores. just by chilly temperatures and pouring rain hordes of shoppers lined up for the luge stores were slashing prices by up to 90 percent to get consumers away from their online outlets back onto the high street. is still more. than the can see what you. just have in the online because you don't know what exactly is the best place to be . discounts or is crazy you always pick up something. i sighed selfridges in london's oxford street shoppers waited patiently for doors to open at 9 am. so monoliths are forecasting total sales of nearly $5000000000.00 euros in the u.k. boxing day shopping bonanza. and its spending season in the united states to break down the numbers for us let's use financial correspondent sabrina kessler on wall street hi it's a free ticket to see you what can you tell me about u.s. retail sales during the festive period. yet this season was absolutely record breaking at least that's what a credit card company mastercard is telling us not in terms of sales that departm

world wrap up their final christmas preparations we take a look behind the scenes out of berlin department store. also want to show the iconic fetal may no longer be rolling off the assembly line but that doesn't mean that beatlemania is over. i'm twice some shoppers in the netherlands are being encouraged to slow down when they take a trip to the grocery store. this is d.w. business i'm kate ferguson welcome along to the season to be jolly at least for the 2000000000 people around the world celebrating christmas but not everyone gets to relax from baltimore all the way to here in berlin people work behind the scenes to ensure the rest of us get to enjoy some festive cheer while repping presents 3 shifts a day that's all these employees do here at a department store in central berlin and the closer christmas looms the more frenetic the pace. city books c.d.'s films and vouchers there's a classic gets people buying a last minute rush we're expecting this year to be a record breaker according to the german retailers association says nationwide turnover in november topped 100000000000 euros decembe

music's new berlin headquarters and they feel every bit as much at home remodeling an iconic department store. isn't really the kind we're big fans we've been going to the store for years and we knew right away what had to be done and how we'd go about it and. a few days later the back in the form a department the county section is finished the architects make sure everything is in working order. fine materials organically contrived surfaces it's playful an area but it all comes together into a homeowner's entity they're both highly satisfied. for me i'm glad to see something worked out well that we planned out of the drawing board and it's always very theoretical when it's free and now we can see that not only does it work in practice but their customers like it to be there for you alexandra out on thomas cost and would like to do some bros in your themselves but sadly time doesn't permit so they make do with a little treat as a reward before heading back to work. during the christmas season some color in the area classics an absolute must however here in europe people in each country enjoy

wrapping presents 3 shifts a day that's all these employees do here at a department store in central berlin and the closer christmas looms the more frenetic the price. c.d.'s films and there's a classic gets people buying a last minute rush we're expecting this year to be a record breaker according to the german retailers association says nationwide turnover in november topped 100000000000 euros december is expected to top that again good news for the retail sector and the christmas shopping bottom line continues to trend upwards people enjoy giving give the mood is good conditions generally a good with the economy and employment consumers have more money in their pockets and that's of course reflected in barring behavior and. the mood is especially buoyant in online retail. yeah that's why tolls and more yet 2019 was another boom year we handled a total of around $3600000000.00 possibles and that's $19000000.00 a day at the christmas peak in 4 days that would be enough to stretch from the north to the self the poles and the poor. the euphoria isn't exactly reflected in the queues at

this couple have been called to despair lynn luxury department store to enjoy the delicacies. they've given the candy section a new contemporary look. just before the grand reopening the couple give the new counters and shelves one most critical inspection. one good at that which of course they can sense the energy of the people stocking the shelves and opening the section for business. in a few hours the curtain goes up it's like a theater or a movie premiere i mean if it would have been a film. the vestments known as cut if a short opened in 1907 and became a berlin institution it's cool a food section is legendary at 1st the combination of specialty food shopping and dining was unheard of today it's a hit and not just with berliners. studio carhart remodeled a part of the cut of a 6th floor in 2018 the architects made sure everyone from tradition minded champagne drinkers to adventurous foodies feels comfortable here. a couple who have actually friends i can discard it and the people like out of a service are they said do something people will not notice something we've nev

you been a department store? no, all the food! are you organised 7 department store?o, all the food! are you organised? for the first time, we decided no presence. there are no little children so no presence. just a jolly good slap up meal. he has all the food! open house. i will give you the address later. you can see the front pages on line on our webpage. if you miss us on line on our webpage. if you miss us you on line on our webpage. if you miss us you can on line on our webpage. if you miss us you can watch it later on previously a player. a big festive 00:01:32,525 --> 268435381:28:32,646 thank 268435381:28:32,646 --> 536870762:55:32,768 you 536870762:55:32,768 --> 805306144:22:32,889 to 805306144:22:32,889 --> 1073741525:49:33,010 my 1073741525:49:33,010 --> 1342176907:16:33,131 guests. 1342176907:16:33,131 --> 1610612288:43:33,252 next 1610612288:43:33,252 --> 1879047670:10:33,373 on 1879047670:10:33,373 --> 2147483051:37:33,494 bbc, 2147483051:37:33,495 --> 00:00:02,711 click. # 0h christmas tree, 0 christmas tree # your leaves are so unchanging # 0h christm

least that's what a credit card company mastercard is telling us not in terms of sales that department stores they were up only 2 percent compared to last year but e-commerce sales this holiday season rose nearly 20 percent and that's why this year is the 1st time ever that people spend so much money online because the weather of course amazon which just announced that they have the best holiday season ever they didn't report any specific numbers but the message was clear i think so amazon stocks rose more than 40 percent today overall a massive desire to buy this season but after christmas comes the return season and that will also hit another all time high since holiday returns are projected to be a record 95000000000 dollars this year with nearly half of that coming from. so some huge numbers there sabrina is relieved there were some other records broken on wall street today what can you tell me about those. it's year and really and that often means a new records on wall street and that was exactly what we saw today not only that the s. and p. 500 hit another all time high and is on pace f

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yes for less. department store prices. satchel paige was still dominating batters at 59.at 52 celia cruz was still winning grammys at 77 john wheeler illuminated our ideas of the universe at 70 and roger crouch was 56 when he first went into space your best is yet to come and you're not sure who'll be more excited... ...you... oh, yeah. ... or them? ahhhhhh! that's yes for less. be a rock star this season and save big on gifts they're gonna love. at ross. yes for less. >>> an explosion of fake ads causing people to lose hundreds, thousands of dollars. >> how to spot fake real estate listings. >> reporter: looking for perfect place at the perfect price. a new in-depth investigative study by the better business bureau says widespread fraud has swindled five million renters out of money. >> one in three victims have lost well over $1,000. people in their 20s and 30s are most likely to be victimized. >> reporter: most of the scams are around rental websites and appapps. >> reporter: this mimennial is staying anonymous, embarra

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yes for less. department store prices. mike bloomberg's created on tover 400,000 jobs.ue leader.ident, an opportunity economy that works for us. tax fairness -- where the wealthy pay their fair share. education .. affordable college and high skill vocational training so people can succeed in the new economy. economic security .. lower cost health care and affordable middle-class housing. proven leadership on jobs .. to build an economy where people don't just get by, they get ahead. i'm mike bloomberg and i approve this message. satchel paige was still dominating batters at 59.at 52 celia cruz was still winning grammys at 77 john wheeler illuminated our ideas of the universe at 70 and roger crouch was 56 when he first went into space your best is yet to come and you're not sure who'll be more excited... ...you... oh, yeah. ... or them? ahhhhhh! that's yes for less. be a rock star this season and save big on gifts they're gonna love. at ross. yes for less. >>> a church in castro valley is getting ready to install small houses to give homeless people a place to stay, but these are

department stores are down overall. re you take a big decrease in stores and what gain they did have and they are still down. apparel is migrating online, it's migrating to off price like t.j.maxx and it's migrating to discount like target. there are a lot of winners and losers in detail and it's drifting wider and wider apart. >> charles: what do you make of the fact that even though we see these extraordinary numbers, we got the latest in personal income and spending. personal income is up five tenths of a percent, spending a four-tenths of a percent. both significantly better than wall street, but underscoring that we have become more, we are saving 8%. we are more conscientious of not getting over even though we are spending at the same time. it seems like a wonderful position for this country to be in. >> i think it's incredibly healthy. it also underscores there's enough money to do both. it's hard to spend if you're not making money, but people are employed out of unprecedented level and wages are rising. consumer

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the department stores are clearly in a desperate mode try to do what they can to get foot traffic.ow a lot of activist investors are urging them to selloff or basically turn into realistic companies as well. how long can this go on for, this situation where they are paying huge amounts of money to make sure they spend money to try to get them to come in to spend money in their stores? >> we are seeing it now with prime examples of stores in new york city. a great example is barney's. i always say that will be a great case study because they have 10 floors on prime space on 60th and madison. how will they subdivide that? are they subdividing it? to answer your question, how much money can they spend hoping to get foot traffic in the door? i don't think they can spend that much in terms of getting foot traffic for the single tenant of a space that size. romaine: when we look at the real estate landscape here, there are some physical areas that do well i guess if you have the rent right. one of the reasons you see so many vacancies is the retailer saying we cannot afford it. why aren'

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