abercrombie has been gradually stepping away from its overtly sexy, cool-kids-only reputation. last year it stopped using shirtless models in its marketing. chipotle is desperate to bring back its customers.the fast foot chain says it'll offer two new promotions during the month of september. every sunday in september, chipotle customers can receive purchase of an entree. and during the entire month of september, the chain will give high school and college students who present a valid school i-d a free drink with the purchase of an entree. hope solo - given the boot from the u-s womens national soccer team.the star goalkeeper... now sounding off about how she feels after being dropped. she's 50!!!and she looks better than most of us.halle berry's birthday bash show off...at 5-30. at 5-30.show off...birthday bash halle berry's most of us. better than and she looks she's 50!!!and she looks most donald trump has a ?huge day... first a visit to mexico...then a rally here in the valley. we're live with the details on both... political fight of his life... and he's made it past round

abercrombie has been gradually stepping away from its overtly sexy, cool-kids-only reputation. most college students pay for the bay area are taking a new hit to their bank account-- as traditional print companies.. are now putting supplemental course material.. online.as jacqueline ingles found out.. in addition to paying for actual textbooks.. students must now pay for online codes.. in order to do their homework and take quizzes. college junior wardell wilson wants to do his spanish mework--only he can't with just the 90 dollar textbo he already bought... "see these are assi" gnnt first must pay for and use a code to access his assignme semester in other words--he's paying to do homework. the codes themselves st acoleast 100 dollars, at least. codes like this give students online acto digital learning systems where u can do homework, listen to audio recordings, watch videos and take quizzes. so without the online you can't get credit for your work. developed by what once were traditional textbooks companies these digital products are being called the future of the text book

boom. >> right. >> did you give to a hollis err, which abercrombie owns? >> like a rain foresay can never finds anything in there. >> where is that color shade? i can't see. do you have a flashlight? >> exactly. >> the one in manhattan in so hoe used to have four, five guys, almost naked standing in front offering to you come in. >> that's how it used to be, i remember the malls, guys just standing there, hey, do you want to come in, give you little flyer. >> that was one of my summer jobs one year. >> really? >> yes. >> i don't believe that. >> just one year, mike? >> 1948. >> one year of hitting the gym? >> ya. >> she did laugh little too hard? >> i'm insulted. see you tomorrow, unless you can find somebody else. >> thanks, guys. >> so, yoga, you like yoga every now and then. >> been a long time since i've done it, once i found out i wasn't flexible, but yes, there was a time i attempted. >> would you have become more flexible had you stuck with it. >> but embarrassing in the class. >> embarrassing? this is weird. they say that yoga is good for all ages,

earlier we put abercrombie and fitch on death watch.ve done that that, but we are down 20% because their best sales have fallen in each of the last 14 straight quarters. down, down, down. one investment firm did a great make donalds. not much. thirty cents higher the really interesting part of the entire day on television, larry the cable guy looks like he may be cutting the cord because he's teaming up with jeff foxworthy for a new comedy special out this month. netflix. watch this. >> the wife's pretty good. she wins a lot of the time because she plays and nobody looks at the guys. this is what america's come to now. did you know this? you can now get kicked out of casino for on a table? we're losing a lot of freedoms in this country. stuart: were losing a lot of freedoms. he is here sitting next to me. he's the streaming guy out. >> that joke is actually kind of truth. i came up with that show because my buddy and i were sitting at the house in east took been in a cup and we are talking. he goes you know what i'm going to do. it's hi

abercrombie says that trend will continue.to remain challenging through the second half of the year. and it says it expects to close up to 60 stores in the u.s. through natural lease expirat n expiration. stock down now 12%. >>> monday leelez walking away their months' long campaign to take over hershey's saying it was zpoibted with the outcome. here's thousand the market is responding. investors in hershey down by 11%. mondelez up by about 3.5%. >>> mylan set to release a generic version of the epi-pen at half the cost. but the oversight committee is investigating the drug maker over the price hike of that autoinjector. meg terre ril joins us with more. never thought i'd know so much about the epi-pen. >> i never thought i would ear. but you're such a big "pulp fiction" fan you knew more than most. it would introduce its own generic epi-pen at half the cost. the question swirling yesterday was would this be enough to quell the outcry of epi-pen. the stock having a tough week last week. yesterday kind of digesting all of the s

aber kr ab abercrombie is fashion.david i don't know if you saw that the crew is going -- >> j. crew is -- they're selling. >> there's a lot of stuff going on where the mall's experiencing turn over. obviously macy's, they're not going to tell us which 100 stores are closing until after x-ra christmas. >> we went to tj maxx because we think that's going to be a free fall when that hits the market. retail -- this is a month you shouldn't be focused on retail. pvh said things are good, but g3, astoundingly bad. they sell tommy hillfigure, and calvin kline, and pvh sells cal ly calvin kline and underwear. who can explain these industries? >> i think warmer weather hurt a little bit, but they claim the second half will be better, but g3 has been scalded. >> it's a bad way to feel. >> no one likes -- no one gets in the business to lose money. >> no, although plenty seem to manage to do it. >> yes. i'm waiting for bids in biotech. >> i'm looking at the broader -- let's call it fapharma. merk, pfizer, all down, cell jean's up

abercrombie & fitch is closing up to 60 stores in the u-s as sales have declined. the company reported a wider loss for its 2nd quarter than had been expected. the teen-focused retailer also gave a negative outlook on business. the closures will represent about 8% of its stores in the u-s. chief marketing officer, jeff jones, to be the company's president of ride sharing. jones will be responsible for operations, marketing and global customer support. the new hire follows uber's decision to sell its chinese operation which has been losing money. chipotle continues to offer freebies to attract customers following a series of food scare. earlier this week, the company announced students could get a free beverage if they buy a meal and show an i-d. now the company is offering free kids meals on sundays during september. it's here's a live look at on our city cam. here's a live look at on our city cam. stay with kcrg-tv9. plan on a great day in all with lower humidity levels as well. our wind will generally blow out of the north as high pressure builds in. much of the

abercrombie at 20 to 95 yesterday.el company's efforts to turn around its business. boras a year from from dfw, designer shoe warehouse. the retailer to report lower earnings per share from a year ago but higher-end of revenue. shares up 9% so far this year. h&r block with the latest results after the bell. analysts let for the company to propose the wider loss of lower revenue. nicole: a look at the headlines in today's edition of "the wall street journal." the president is to united continental pay scott kirby was in the same role. then issue a management shakeup in the very competitive airline industry. as food prices fall, economic pain has for businesses. the good news for customers saving money at the grocery store is not shared by everyone. farmers, restaurant owners feel the pinch of beef and corn prices on income. facebook to allow users to trigger a safety check feature. the company plans for communities to activate safety check instead of the company having sole control over it during an emergency. nicole: e

retailer "abercrombie and fitch"-- is changing up its look, again. the company... known for shirtless models and sexy clothes... says its new designs will now focus on a shopper's quote "best self and inner confidence". "a & f" has been trying to move away from the old look for awhile now. last year, it stopped using web ads. it's a waffle war-- in gladys knight's household! the legendary singer is slapping her son with a lawsuit! her suit claims she allowed her son to use her likeness-- on a number of chicken and waffle restaurants, but then changed the agreement a decade later. knight says her son violated their verbal contract-- and she wants her name-- and memorabilia-- out of those restaurants. in today's tech... we've been telling you apple's latest iphone model will be finally have a date! techies-- mark september 7th down on your calendar! apple says it's holding a press event in san francisco to unveil new technology. insiders say-- it'll be a super thin, redesigned iphone-- and an upgraded apple watch. this morning, we're also learning private space compa

fall fashion has a different meaning at abercrombie & fitch. the clothing retailer falling out of favor with teens posing 14th straight quarter of falling sales. compsales down 4% and the company says that won't change for the rest of the year. abercrombie & fitch set for the biggest one day percentage drop since 2001. that's not pretty. down almost 21%. >>> and the epipen price hike controversy taken straight to mylan's front door. one advocacy group delivers a petitionsigned by over 700,000 people demanding the company lower the sky high price for the life-saving drug. "countdown" is coming right back. if you suffer from a dry mouth, then you'll know how uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth. with this level of engineering... it's a performance machine. with this degr

(corey abercrombie/ witnessed road rage) "he was just yelling a whole bunch of cuss words. he was yelling, 'you should never cut someone off like.' he was trying to get him to let him in. he was yelling unlock the doors unlock the doors." witnesses say... the person in the red car was a man in his 70s or 80s... this attack went on for two minutes! the victim... visibly shaken up. after days of delays and outraged passengers! things are finally back to normal for delta! what the company is now saying about the massive computer crash! and could it happen again. plus...it's the great train robbery! they made off with so much money! we'll tell you how these thieves pulled it off! you're watching 13 action news....where you get breaking news fast and first. stay with us. i'm catherine cortez masto and i approve this message. it's a simple question. in washington, has congressman joe heck been standing up for you? heck voted ten times to defund planned parenthood. he even tried to shut down the federal government in order to eliminate funding for planned parenthood. which would a

. >> sales fall for the 14th straight quarter at abercrombie & fitch and that's where we d the tonight's market focus. compy to post a wider loss and a bigger than expected deline in buss likelyales will not improve in the second half of the year. shares were punished following 20% to 18.29. g 3 apparel which owns -- sales and earnings and revenue guidance for the year. plunlged 20% to $33.14. and strong demand for women's athl. but the retailer fell, so dsw finished down. canadian fertilizer companies said they have entered into talks regard iing a d companies at more than $28 billion. shares popped to 17.79 and agrium rose to 95.96. currency head winds an frs the unit dragged down results. tax preparation company posted a wird than anticipated loss. shares initially fell in the extended session after finishing the regular day down 1% to 24.20 cents. when you think of small business, do you think of ohio? the top 15 on the coffman foundation's list for start up activity. in our on going look at small business cities, kate rogers tablgs us to columbus, ohio. >> it may be known for its wi

that is translating for lower sales for abercrombie. we've seen it with other brands like michael kors. melissa: gary there was a big flagship store close to our studio here. they use odd have half-dressed 20-year-olds selling stuff. it was a big spectacle. always people gathered. now, not at all. does that say something about the brand, gimmick wear off or the economy? >> for starters, 40% of sales is international tourism. that there is slack there. that is a problem. more to it than this, urban outfitters, american eagle outfitters are kicking their butt. they have to do better with their stock. that is the stock doing what it is doing and sales down i don't know how many quarters it has been. david: yesterday it was citi. today it is bank of america. analysts say market moves, specifically the s&p 500 prove they have already chosen a new president and it is hillary clinton. gary, i'm looking how much money the clintons got from bank of america, $1,125,000 in speaking fees. the clinton foundation got another million dollars. how can

. >>> shares of abercrombie and fitch plunged yesterday down 30% for the year they say sales fell in the past quarter which makes 14/4 in a row this comes as teams are getting close with the company logo and by what is called fast fashion. treaded closer retailers like h&m and forever 21. have them pay you. >> a good lesson uncle ian. >> my niece is watching. take notes. >>> let's step outside. grand canyon first. this is awesome. steve sent this to our facebook page and the grand canyon is awesome as it is. at a thunderstorm and that is the next level awesome. you can sh our facebook page or twitter or instagram using the hashtag cbs five az. now we're going to the mountains sunrise park resort up in greer. he will see the cuban was clouds building at least the some of the thunderstorms developing over the white mountains. there overweight river right now not a ton but it's going to be active in the white mountains here are the thunderstorms going from northeast to the southwest. also some developing around basket -- south of prescott and some getting going near flagstaff. we are cl

(corey abercrombie/ witnessed road rage) "he was just yelling a whole bunch of cuss words. he was yelling unlock the doors unlock the doors." the person in the red car was a victim... visibly shaken up. so far... no one has been charged. for the third time in a week.. authorities are investigating a tragic accident at an amusement park. tonight.. a 3 year old boy is in the hospital after falling off a roller coaster. abc's linsey davis has the latest. . < script: this afternoon that three-year-old was airlifted ildewild and soak zone park just outside of pittsburgh. jeff croushore, idlewild park and soakzone park spokesperson the boy was conscious while being treated on site//he was talking he was alert with his built in 1938. the rules say "guests under four feet tall must be accompanied by an adult." in this case his older brother. this latest accident comes on the heels of two others just this week. 10-year-old caleb schwab was killed sunday at the schlitterbahn water park in boom. i knew immediately that somebody had fallen off the ra suffered serious injuries after fal

shares of abercrombie and fitch plunged yesterday... yesterday...they're down 30 percent this year! the retailer says sales fell in the past quarter... the 14th quarter in a row! it comes as teens are ditching clothes with company logos.. and buying so called fast fashion---trendy, clothes from retailers like h and m and forever 21. google is taking on uber with a ride-sharing service in san francisco. it uses google's waze navigation app t commuters. google, walmart and adobe employees in the bay area have been testing the program for the last three months. gatorade is going green... not neon green but not neon green but organic!! organic!!the sports drink is shedding many of its artificial flavors and coloring, after professional atheletes asked for more natural ingredients.the new drink-- gatorade g-- will cost a bit more than the original. rebecca has your weather to go next...but first here's a look ingredients. rebecca has some weather for us but first a look at today's markets. rld's clean energy super power's either going to be germany, china, or us. and i'm going to make su

and abercrombie & fitch is sinking today posting another quarter of sales declines. is it beaten down now enough to take a hit on? more after the break.. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade whether it's connecting one of or bringing wifi to 65,000 fans. campuses. businesses count on communication, and communication counts on centurylink. enepeople want power.hallenge. and power plants account for more than a third of energy-related carbon emissions. the challenge is to capture the emissions before they're released into the atmosphere. exxonmobil is a leader in carbon capture. our team is working to make this technology better, more affordable so it can reduce emissions around the world. that's what we're working on right now. ♪ energy lives here. >>> back nears 12:30 on the east coast. a look at the market picture. dow down one quarter of 1%. s&p 500 a fractional loser, fou

slow abercrombie and fich to close stores in the u.s. it presents 8% of the stores in the united states. >> jetblue is headed to cuba. they are beginning the flights to the country today. it is the first commercial flight in 50 years. the first flight is taking off >> and chiptole is continuing to offer freebies to attract the customers. the company is now offering free kids meals on sunday in september. over the course of the summer, they have offer add loyalty program and perks for students. >> wisn 12 news time now is 5:59. the news continues right now. >> good morning. great to have you with us on "12 news this morning." i'm ben wagner. it is wednesday, august 31st. more arrests in the sherman park neighborhood and the police response to intersection where the officer shot and killed a man two weeks ago. >> less than a month to go for learning today. >> first, to the morning commute and the forecast. first we are going to meteorologist lindsey slater. >> it is breezy out there. the winds are north 12 miles per hour. it is 66 degrees.

abercrombie & fitch getting hammered.ng in morgan stanley equity analyst who covers footwear and apparel. people are spending more, but not on clothes. what does that mean for back to school? is -- back tons school has been a bright spot for so many retailers. we will feel the growth rates revert back to what we saw the first half of the year. back-to-school has benefited from shoppers of starting the season earlier, and also august was very tough, last year as a retailers are benefiting from easy compares. our expectation is more slow goat -- slow growth ahead. in a who will outperform slower growth retail environment? >> we like stocks that have really good self-help stories that don't depend on the macro environment and also attract valuations. brands has a very attractive portfolio and a compelling m&a story. the stock is trading only 12 times next year's earnings. if they deliver on the guidance, this will catalyze the stock back up toward our $34 price target. side --about a 25% of upside. alix: other competitors li

(corey abercrombie/ witnessed road rage) "he was just yelling a whole bunch of cuss words. a man unleashing his anger in the middle of the street as a what makes this even worse..is who he was targetting. with school just around the corner...ccsd teachers are paying for supplies out of pocket for their students. but now, they're getting some makes its way onto shore and into a drying trend and a major heat up! today, high temperatures will stay rather cooler; ranging between 98 and 103 degrees valley wide. winds will be mild between 5 and 15 mph put of the south/southeast so any major kick up in dust, sand, and concern today. uv rays between 11am and 4pm will be on the very high side allowing a burn time of only 15 min so wearing sunscreen would be wise today. by friday and the rest of the forecast, sunny skies take over and the heat returns to the valley. friday yields normal values for this time of years between 102 and 106 clear into next tuesday, high temperatures will range106 to 1h central las vegas hovering between 108 and 109 degrees. uv ray will either be very high

follow a report from newedy water and on the earnings front we will get second quarter results from abercrombiedid you bring a gun. >> following the delinquent girl in an attempt takes a terrifying turn. the horror film on suicide squad to number two spot after a three-week winning street. nicole: mechanic resurrection earning 7 and a half million bucks. lauren: coming up as we head into the busy labor holiday, lawmakers are looking airlines are held to prepare meltdown, the ones that caused major problems for delta. >> pretty much the last industry to invest in the it that every other business have invested in. >> all the winners from mtv's music video awards, first looking at morning markets and breaking news ♪music ♪you fill up my senses ♪like a night in a forest ♪like the mountains in springtime♪ ♪like a sleepy blue ocean ♪you fill up my senses ♪come fill me again ♪come let me love you ♪let me always be with you ♪come let me love you ♪come love me again lauren: let's get you caught up on what's happening now. donald trump plans to make a major speech on immigration during his stop in arizon

abercrombie has faced criticism for exclusionary reputation and hiring practices. i shook him the chain stopped using shirtless models is marketing. >> and giselle punching, maintaining her title, and according to forbes, she is still the top earning model in the world. according to the magazine, tom brady's better half may 30 and a half million dollars just this past year alone, and her lead on the colleagues is just olympic to attend and-a-half million my shepherd a tight 3, handle jenner and carly cause, who each make $10 billion. >>> for college students, is normal to take classes like introduction to politics. >> i need to take a class on have to pay attention apparently! so, some universities are even more creative on what they're offering. students on mit can take a class on how to stage a revolution. this is a course that explores in the first place, through the works of actual revolutionaries. i'm thinking of the beatles songs, right, do you want a revolution? >> yes. how about this, queen b is a popular topic of directors in new jersey, criticizing beyonc

. >>> abercrombie and fitch closing up 60 stores across the store because of declining sales. the company reported a wider loss for the second or the next acted. the closures represented about 8% of its doors . no worof any colorado locations are affected and of soon as we find out. >>> denver-based aaa is offering even customers . anotter offering free kids meals on sundays during september. the company has been offering freebies following a series of food scares including a loyalty program and free drinks for students. >>> 's college students being hit with another fee. they now have to pay in order to do their homework . textbook companies are now putting supplement supplemental course material online. that means in order to do to pay for codes. >> code cost hundred dollars. without the code you don't pass the class. >> it lets students access their work from anywhere. most students say it's just price gouging. >> i remember -- i remember buying books. the pricing is painful. >> we did have to do some online stuff with codes so it was books and then added 80 bucks or whatev

of a boost, proves that it was not willing to go to numbers that -- and give the it -- shares of abercrombieitch, talking about another big loser this morning, down as you see almost 20%, they posted a 14 consecutive quarter of falling sales. that's not the way it's supposed to work. they want it to go way. >> all right. when we come back on "squawk alley" a shake-up at uber. while one longtime investor is leaving. >>> and while some are calling colorado home despite some red tape. >>> eu, as you know by now ordering apple to pay up. how this could impact other u.s. tech companies. we'll be right back. guys, what's happening here? hey nicole, this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. >>> a shake-up. drummed leaves corporate developme

blame abercrombie & fitch. and look at gap, down about 4% at the moment., having a tough day, too, after it was revealed that it had given up mondelez, owns canbury cream egg, et cetera, and you can kiss that premium goodbye. let's get you back to cavuto, coast to coast. ♪ there's no one road out there. no one surface... no one speed... no one way of driving on each and every road. but there is one car that can conquer them all. the mercedes-benz c-class. five driving modes let you customize the steering, shift points, and suspension to fit the mood you're in... and the road you're on. the 2016 c-class. lease the c300 for $369 a month at your local mercedes-benz dealer. >> so the question has now been brought up, would somehow not covering terrorism as reporters, would that lead to stopping terror? it's been brought up because secretary of state john kerry said in his speech, i'm quoting, perhaps the media would all do us a service if they didn't cover it quite as much. people wouldn't know what's going on. former nypd sergeant manny gomez is here in the s

abercrombie & fitch, and lululemon. loud noises at los angel panic as many confused the sounds of gunshots. passengers at lax were seen running from terms terminals after police responded to multiple 9/11 calls from many locations at the airport around 11:45 p.m. eastern time last night. conducted two sweeps of the airport and determined that reports were unfounded and there was no shooting. >> thank god. >>> now to today's corporate news, carl icahn turns out bought more than 2 million additional shares of herbal life late friday. the billionaire investor may have been interested in exiting his person in august. they were working to find a buyer for his stake in the nutritional supplement company. nothing materialized. icahn denies he attempted to sell his stake rejecting claims in an interview on friday that he had been offered some of icahn's shares. icahn didn't dispute that he recently considered selling. he did -- it amazes me that a guy who hasn't any knowledge of my internal investment thinking believes he's in

. >>> shares of abercrombie & fitch fell 20% yesterday. they said sales fell in the past quarter.hat makes it 14 quarters in a row of losses. it comes as young people and teens are ditching clothes with company logos and instead they want to buy so-called fast fashion, trendy cheap stuff from retailers like h & m, forever21 and zara. chipotle is trying to win back customers through kids. the chain is offering free meals to kids on sundays. chipotle is trying to recovering from illnesses that cut into sales. >> jill, we hear that there's an army of andre agassi invading the u.s. open in flushing meadows. what's that about? >> reporter: yeah. if you are heading to the open, you might run into andre agassi or at least one of his clones from back in the '80s. about 150 look-alikes will be sporting his signature mullet and neon clothing. they will be walking around the open selling coffee. some of it will go to the andre agassi foundation for education. >> i was a big fan of his shoes. i think they will make a comeback. what do you think about that fashion statement? >> reporter: you k

. >>> clothing retailer abercrombie and fitch is overhauling its advertising campaigns again. the company abandons its sex sells attitude last year pen it tones down its ads and its marketing strategy has shifted even more. the store chain is targeting older customers. new ads focus on shoppers' best health. >>> start can tomorrow and all throughout the month of september, students can get a free fountain drink with any in-store purchase. show your high school, college or graduate school id. chipotle's latest attempt to win wack people after the latest e. coli scare that sent the company's stock plunging. break, plus we may not be hearing much from isis. the senior member of the terrorist group killed in syria. >>> his retirement party was scheduled for today, but a local fire chief is just happy to be life. coming up, how his fire fighter brothers took the training they just learne (vo) my name's nick and i make dog chow in denver, colorado. one of my fondest memories of khloe is the day we got her. i knew right there she was gonna be a great dog. she's his little protector.

stores, sales continuing to sink and maybe they got 18 and-- you don't like abercrombie. >> no, those think are in trouble because of the internet shopping and i think the trends, too many trend changes and they have to have a hard time keeping up with it. stuart: who ever shops in bricks and mortar malls anymore. >> those stocks are way too volatile. >> i had to ask. new menu at dunkin' donuts, apple caramel donuts and reese's peanut butter squares liz: what a time to be alive. stuart: if that's a good thing, why is the stock down? deathly silent. moving on. amazon. dash buttons on the door, and press it and delivered the next day and that did not move the needle. 767 amazon. more free stuff at chipotle. kids eat free. i think is it just on sundays, is that a special deal? >> just sundays. stuart: they're getting desperate. >> they're getting desperate. since the e. coli outbreak and other problems, lawsuits against them. i've shorted, been shorted, made a lot of good money, and if it falls below 400, it's in a precarious shot. if it goes below 400 it's done. stuart: it's done? >> pr

lieberman experienced serious growth, churning out custom fixtures for such big-name clients like abercrombie & fitch, chanel, and universal studios. larry: take it to disney. lemonis: but a recent drop in revenue has drawn larry into a vicious circle. jason: high-low is officially dead. larry: oh, no. lemonis: anxious to control costs, he's cut much of his staff, hampering operations and putting even more pressure on the business. larry: we've been waiting a couple of weeks for this. lemonis: i'm excited about this opportunity, because let's face it -- everybody needs a light. and despite its troubles, vision quest has a reputation for innovative designs. larry: this is stainless-steel wire with fiber optic that's strapped to it. lemonis: i'm confident i can help larry find the light at the end of the tunnel and emerge stronger than ever. -hello. -maria: hi. how are you? lemonis: good morning. i'm marcus. maria: i'm maria. nice to meet you. -lemonis: how are you? -maria: i'm very well. lemonis: the owner is larry? maria: the owner is larry. lemonis: is larry here? maria: yes, he's here. i'll

. >> mark: clothing retailer abercrombie & fitch is overhauling its advertising campaigns again. the company abandoned its sales attitude last year when it toned down its adds. now its marketing strategy has shifted even more. the store chain is now targeting slightly older customer. self and inner confidence." the owners of a yep store in canada are getting hundreds of replies to an interesting offer. they're promising to give two acres of land in nova scotia to anyone who works at their store for five years. the job also pays about 12 bucks an hour. two women own the store and they have 200 acres of land nearby. their goal is to attract more people to the rural community. more than 1,000 people have called or replied to the offer on facebook since it as you can see right here, area around town looks pretty nice. now hat 6:00 p.m., a trip to the airport takes a deadly turn. what caused the nasty crash that caused a parent to move their child into a college. >> elizabeth: plus, another town on alert after a man approaches a woman while she's jogging. the warning tonight from poli

away and that's forced iowa down but they've also had a series of tax increases under governor abercrombie. so we see here state average overall freedom has trended down since 2000. some of this is due to the effect of federal policies, in fact, if we remove the effect of the nationalization of health insurance regulation and the ppaca, state average overall freedom would look more like this. it's increased since 2006. especially on fiscal policy. states have cut spending, kept taxes fairly steady since the great recession. one of the new features of this edition is what we call a freedom from cronyism index. from this we looked at really restrictions on business entry, pricing and subsidies to business. those are the elements of our cronyism index. so it includes, for instance, our entire occupational licensing index, it includes restrictions on starting a new moving company, hospital certificate of need requirements for construction, price gouging laws, minimum markup laws. subsidies to business, those are the main elements of this index. and you'll see here that wisconsin, idaho, kansas

they also have had a series of tax increases under abercrombie. we see here that states average overall freedom has turned it down since 2000. some of this is due to the effect of federal policies. if we removed the effect of the nationalization of health insurance regulation in the tpa ca state average overall freedom would look warlike this and would increase since 2006 especially on fiscal policy. states have actually cut spending, taxes fairly steady since the great recession. one of the new features of this edition is what we call freedom from cronyism and we looked at really restrictions on business and. , pricing and subsidies to business. those are the elements of our cronyism and decks so it includes for instance our entire occupational licensing index. includes a new moving company hospital certificate of need requirement for construction, price-gouging laws, minimum markup laws, subsidies to business. those are the main elements of the syntax and you see here that wyoming idaho kansas and colorado and minnesota are the least crony is st

what do you mean when you say abercrombie & fitch or nordstrom's has to transform?ts back -- bring excitement back to the stores are there are changes in products. b leaders. it is a lot about duration. tom: it is about finding a size 5. oliver: it is about that, too. but it is also allocating inventory at the right time. i know you are concerned about sizes. francine, youean, go to the stores and you cannot find what you want, so you go to the internet. aboutne: i know it is all franchises, but i want to buy something that i liked her whatever product you sell me, you are only going to attract customers if it looks right, that's right. so why are we not -- if it looks right, if it fits right. so why are we not focusing on the people who make the clothing? oliver: it is a lot about function and comfort, and how it looks. if you do not have a good product, you are dead as far as what matters. we have seen fashion misses and fashion wins. it is very competitive. you can get very inexpensive alternatives for a great price. on the other hand, i really like lululemon. th

abercrombie & fitch are crumbling, down 20%, on pace for the worst day since 2008 after the retailerwider than expected second-quarter loss. it looks like there are real problems here in the u.s. along with their flagship stores in taurus locations. another retail disaster, g3 apparel. this is the worst day since the middle of march. down about 30%. the cause today, they also missed second-quarter estimates. they guided down for the full year. the dollar is at a one-month high, .6% higher on the bloomberg dollar index, wreaking some havoc on metals. this in metal and mining stocks, including freeport, u.s. steel, all down. there was also some commentary that some expect gold to fall in 2016 and 2017. here, gold isal on pace for its first decline in august since 2009. august is typically a strong the indiang into wedding and festival season. if you look at the bloomberg, 31.58. copper has been in a range, lots of uncertain tea. there is an area of congestion. it appears bearish, it could prove to push copper below support. we don't know, we could see it spring back. but especially wit

abercrombie & fitch plans to close as many as 60 u.s. stores as the leases expire this fiscal year.y say flagship and tourist locations continue to account for the majority of its sales decline. those shares are down just over 20% and dsw falling today. down more than 10% despite quarterly revenue. comp sales fell 1.2% less than expected and that's the first back to back quarterly sales decline since 2009. analysts say cash reserves at the shoe retailer practically cut in half over the past year and investors clearly upset there. >> absolutely. >>> boeing today, the industrial giant skipped raising airline prices for the first time in seven years. phil lebeau has the story. hello, phil. >> reporter: mike, if you're in the market for a commercial airline, now's the time to buy. ordering one right now, you would be waiting a long time to take delivery. here's what's happening for boeing. not raising the price for commercial airplanes. they're saying at the list price. same prices of 2015. this is the first time since 2009 that boeing has not increased prices for its airplanes. by the

first, holster parent company abercrombie & fitch posted a loss in the latest quarter and bigger oneexpected. sales also missed, that stock down. also sagging today, g-iii apparel, maker of other brands you do know, g-iii also posted a loss most analysts expecting a profit. that stock is down 21.5%. >>> well, in the last hour of power you heard the surgeon general of the united states with a big warning about the opioid addiction in america. coming up, we're going to speak with a man who literally just wrote the book on this terrifying and fascinating about a florida pill mill and how the government may be helping broaden the crisis. that's coming up next. >>> i'm courtney reagan. and here's your cnbc news update at this hour. nasa keeping a close eye on some major storms. this is the view from the international space station of hurricane lester. currently churning in the pacific ocean. then there's hurricane madeleine prompting a hurricane watch for hawaii's big island and hurricane gaston growing stronger over the atlantic ocean though it's not expected to impact the u.s. >>> sever

abercrombie is try to change. -- trying to change.ore difficult. alix: thank you very much. steven newman, good to have you. still ahead on "bloomberg ," we are joined by terry lundgren. this is bloomberg. ♪ alix: one year ago today, the yuan was wreaking havoc across the global markets. this is your very simple chart.u.n. julieyuan a global selloff and markets. january andgain in february. now, we've definitely seen some stability. yes, the pboc lowering that reference rate -- it is much than it was last year in august. this is the onshore offshore yuan volatility. you see it pick up again in february and march of this year. we have been relatively calm. china has been tightening capital controls come increasing intervention, doing it at a time where global conditions are much more calm, and that has helped spread the calm in the market. this comes at a cost. the cost of reforms that have allowed the yuan to be floated more freely and treated more freely. -- traded more freely. this is now 1.7% in june. the sixth ranked currency

. >> we have heard really good things american eagle abercrombie & fitch macy's all, that is big itemng out on samsung galaxy phone got i think you have incredible reviews in the paper today, i read the article. >> the paper. >> [laughter] >> but, also, apple coming out with new phone as wegins up excitement. >> third party earnings season general number have come down normal for this time of the year, but the tech sector is one sector that we've seen estimates go up, so i think apple -- >> fed raises rates this year. >> yeah, we -- our s&p economics team is estimating going to raise 25 base points in december. >> december. >> great to see. >> you thank you. >> as you so much s&p capital, next donald trump, warns of a terrorist attack at home. >> and what we're doing by allowing thousands and thousands tens of thousands of people in here that we just don't know anything about, going to happen again. a. more on trump's dire warning coming up then, slimming down eating at mcdonald's is it possible? behind nicky d's plan to help you burn off nuggets and fries stay with us. ♪ ♪ ♪ .. i wod