costco has filed a federal lawsuit against the organization to stop the activists at costco stores. the costco supplier housed animals in crates and cages even after costco announced it stopped that practice. engages in animal crueltiment. >>> the alameda district attorney nancy o'malley says she's cracking down. the take the pledge company calls on community members and also know the signs of abuse. >> if you see something, say something. it may be innocent but it also could be saving someone's life from being exploited or trafficked. >> the most common victims of human trafficking are young

we already covered costco. when they reported again in june, they had the exact problems only worse. yes, the same ones analysts started coming out of the woodwork to downgrade the stock based on fears that their coveted independent grocery clients were rolling over in a world that's increasingly going digital. united's chief financial officer resigned to take over of a trucking company he made a smart move but this sent a tailor signal to wall street. when a company's facing a complex merger integration like united natural's purchase of the gigantic super value well, you hate to see the cfo leave in the middle of the process. the conventional wisdom is such a high-level executive wouldn't be leaving if everything looked promising. but then a funny thing happened in september united natural rebounded, again, to the low teens sucked people in fueled by a broader rotation out of -- names and beaten down value names. well, united natural foods was struggling, the company was plenty powerful. still pretty good. the

costco has filed a federal lawsuit against the organization to stop the activists at costco stores. the costco supplier housed animals in crates and cages even after costco announced it stopped that practice. engages in animal crueltiment. >>> the alameda district attorney nancy o'malley says she's cracking down. the take the pledge company calls on community members and also know the signs of abuse. >> if you see something, say something. it may be innocent but it also could be saving someone's life from being exploited or trafficked. >> the most common victims of human trafficking are young women and girls. and justice department study estimates between 9,000 and 10,000 children are victims of sex trafficking. >>> homelessness is expected to be the top issue tomorrow. the governor is asking state lawmakers to spd help pay rent for those at risk of becoming homeless. this comes as governor newsome signed an executive order yesterday. lippy shaft says she welcomes the governor's proposal. >> we must prevent people from becoming homeless in the first place. and that's what that fund

what do you make of costco >> i'm going to stick with the upgrade of costco.e's such a good fundamental analyst because he likes companies with good technicals on top of it a as well listen i got a chart of costco relative to the s&p 500 great run of outperformance in 2019 got to a very extended condition in september ch since september, it's kreked back to its 200 day average. it's worked off those ovbought excesses maintain the uptrend now starting to inflict high rer. we think the long-term run of outperformance is just getting started again. >> nancy, what do you make f co o costco and the threat of amazon? >> so we were e net sellers and all the way out by end of the year last year it's too expensive for our blood at 36 times and with all due respect because i have a great deal of respect for ari, this is a little late. feels like analysts piling out before apple hit a peek in 2012. juch a stretch valuation and yet they have done a a good job in e commerce against ammazon we like home depot a lot better. got a yield that's 2.3 and dividend growth of 22% s

kind of silent negotiation with the chinese authorities and with the costco c.e.o. and we agreed to collective bargaining and were allowing trade unions to present workers for other port if they were given the rest of the port secondly they agreed on a spectacular investment program of anything between $25300000000.00 euros within 18 months there would have been a fantastic injection of capital of activity of jobs in the part of the us and finally most importantly they would prepared the chinese government to contribute to contribute to purchase a bond a new bond that we would issue as a minister of finance up to 10000000000 so effectively that would help us return to the markets and create effective a signal to the rest of the world that this is back now i thought that there was a very good deal and guess what happened there was a telephone call from berlin to beijing saying keep of greece while you were negotiating with them and all deals were off because of course china is not going to jeopardize its relationship with the heart of europe. in order to seal a deal

taco bell is one, also costco. look at the numbers on costco.ly out that's has a general manager of a costco store makes $138,000 a year before you even count in stock and other benefits that could double their pay. in addition, they paid cashiers more than any other cashiers. $14 versus $11 an hour. the big headline today is the report, the folks at taco bell. this is the taco bell here on wabash avenue in chicago, one of those taco bell cantinas, you can get a beer if you would like as well as a chalupa, they get to between 50000-$80,000 a year, but they will give some of them a raise almost to 100,000 housin$100,000.we want our restw and looking out for our managers is one of the ways to accomplish that. you know, as you know, the fast food industry is notoriously known for not paying people very much. food service general managers in the industry get about $46,000 a year, $45,000 a year. the only outlier to that now besides taco bell, the good folks at in-n-out in california. they pay $60,000 a year. as you hear the rumbling of the train in

a lot of overlap in costco and target i think in that batter, costco won, in electronics, either amazoncostco or best buy took back the market. >> we've heard how strong the consumer has been i think that is the better question is that the problem for target or other retailers what is going on in electronics? best buy is doing well >> best buy is doing very well this is based on a guess i think best buy had a good holiday. the problem is it is highly promotional. if target is preserving margins. talking about that they'd be able to do just fine and they'd be able to make up for this in some places. >> yes, i saw a b of a estimate for holiday sales. costco was up 8.5, and target is waund change we've seen some softness in other sectors. in the core categories home was heavily promoted during the holidays by the department stores there are bright spots here. if they are still sticking with the $1 clt 54 $1.74 earnings i know margins are good for them when it comes to issues of the delivery they use the stores for fulfillment. >> 19% is lower than it has been but the base is getting bigger

costco's december comp sales did nick 9%, a good month after a good move, buttent analysts say shares here are pretty fully valued, right in and out up only about 2%, after the numbers, which seems to suggest the street is listening. >>> let's get to plik. the market has been moving through perhaps the stages of grief. maybe they're moves through denial and bargaining here look at the chart showing various segments, online and market cap weighted, kind of big box dominated, and xrt is kind of the equal weighted version, can reflects more the experience i think of old-chain retail. this is a three-year chart, basically no up side naturally online doing better. that including some payments, of course the r.t. is dominated by the like of home depot take a look, though, at this, as just how the market is values these different types of companies in a very dramatic divergence i i picked an extreme example. shopify has an enterprise value. up more than $45 billion. that is more than these four combined this is enterprise value that including a significant amount of debt. these stocks have $

tina in texas costco has pulled back from recent highs is this a good time to buy more?> buy more implies that you already own costco i would not be buying more it did not respond after earnings in december your next earnings report is on march 5th. the stock peaked out in september. i still want a main exposure to costco because very hard pressed to find exposure to consumer staples in a company that has the dividend and growth metrics that this company has. >> doc, here is a really good question and it's about a specific stock but the lessen perhaps or the advice can pertain to anybody with anything. anthony in philadelphia, okay, i'm up 25% on alibaba. i read conflicting infoon when to take profits. should i sell or hold? now, there are a lot of stocks that are up at least 25% last year what do you do >> i think you could take profits here, scott, on alibaba. do you take all of it off? most of us on the desk would say i would scale. i would sell 50% that's my particular discipline when it gets to a preset level in my head i take that profit off the table, scott that's

rains dorf is clear but it goes past the shopping area with costco and krispy kreme and places to eat and get coffee so that will make the on-ramp congested as well. looking at radar, the rain falling on areas an highway 4 concord and 680 through walnut creek off of 242 starting to build and same thing with the upper east shore. no drama but a crash reported around the bay bridge toll plaza. i haven't seen any lanes effected watch out for the shoulder, marcus. back to you. >>> happening now, malaysia is sending 150 containers of plastic waste back to the united states and 12 other countries. several southeast asian nations have been receiving shipments of trash ever since 2018 when china banned plastic imports. malaysia said their country will not be turned into the land fill of the world. >>> much more ahead. including two contra costa cities tackling the housing crisis. how the state is forcing their hand in making changes. >>> plus skbrupijumping into ac. a man in full furry costume goes above and beyond to help a woman under attack in the south bay. you have to hear that story. >>

in costco. ashley: yeah. >> you probably even enjoy the pizza as well. and the hot dogs they seem to be a draw for a lot of people. susan hit the nail on the head here. costco is a mall killer is exactly what our other guest mentioned, names like jc penney and macy's, they're going to go the way that the silent movies and maybe the elevator operators were in our economy. we're not going to see them any more. costco has been able to compete not just with amazon and walmart , but in its own light with that subscription-based model. this is here to stay and even in a down economy people will flock to costco. stuart: okay now take a look at target. i am told they're trying to go head-to-head with nike and under armour. i don't know what they're doing in that area? >> it's called private label right? because there was a lot of talk that target might be partnering up with the likes of under armour and nike in order to get some of those athletic wear and label up and running, but it's a private label a

and how about costco 9%. wow i got to go to costco. kirkland has great locks maybe i'll go there. fourth we needed enforcements and that's what we got from apple holiday sales. company relesioned data on holiday app sales and the air pod numbers were staggering. not easy to move the stock for the world's largest company but climbed $5 breaking through $300 you know my thesis, apple, own it, don't trade it this company has incredible track record to monetize 925 million iphone user. i was on vacation, recently, seven other iphone owners all older models unlike my spiffy 11 the naysayers were driving me crazy that there's nothing new under the apple sun but i think they believe now to go with the 11 my phone was the only one to take pictures, the other models, too dark fifth. steady drum beat incredible coverage of s ere g utilization. the tech show was amazing this year did you catch that regaled us about stories about products that seem impotential recently -- impossible as recently as couple years ago how about this morning, american express got the nod to open up a chinese franc

>> costco.mpare it to russ and dorf >> nothing is better than barney >> barney greengrass was slammed. david, this is international this is not national it's not local they had everything bagels >> just stop just stop. costco better than those just stop. >> fresher >> i'm sorry stop >> can you at least try it before -- >> no. >> jelenik doesn't do a lot of press. >> first time. nova just trading there buy nstr, that is not the nova i had. by the way, jenveggie cream che. >> i get you, sounds good. >>> semis, intel, jeffries ups to hold. amd a couple price target bumps, cowan 47 to 60 >> oh, the pressure on lisa su, ceo of amd >> i'm aware of who she is, thank you. oh you were telling the viewers. >> remember it's a podcast, too, i have to do that. >> i forgot for a second >> by the way, intel, they've got -- bob swann has a package, a huge amount if the stock stays above 60 i think this s you know, interesting way, people are starting to reward a lot of ceos if the stock goes higher it's great >

oppenheimer upgraded costco to outperform it is an attractive entry point after strong holiday sales potential specifically dividend of $10 could be on its way here's costco ceo talking to jim cramer >> one of the things about low prices you generate a lot of volume when you generate a lot of volume you don't generate cash and you have a responsibility to your shareholders and, you know, the stock has appreciated. we've done special dividends in the past we also think about them when the right time might be to do a special dividend we have no plans at the moment we always look at that >> that full interview is coming up tonight on "mad money". meantime, steve, any of these names ones you like? >> tesla reminds of the old no child left behind. no old analyst left behind if you raise your price target be the highest on the street you'll get the most calls. i don't know how you value it. in terms of mastercard and visa i own visa you can own one or the other sure valuation stretched historically what isn't the acquisition they made will help with millennials. they keep going. consumer d

costco often sells them at a huge discount. if you often shop at a particular store, check costco, an easy way to get a discount. >>> so, will we have clear skies for fireworks tonight? >> spencer has the final forecast of the year, not the decade, though, right? >> the debate cont (wholding you back? excessive underarm sweating qbrexza is the first and only once-daily prescription cloth towelette approved to treat excessive underarm sweating. also known as axillary hyperhidrosis. open one today and see what unfolds. (man vo) do not use qbrexza if you have certain medical conditions. qbrexza may cause new or worsening urinary retention, problems with control of your body temperature and blurred vision. the most common side effect reported was dry mouth. call your healthcare provider if you experience side effects. (woman vo) imagine how life can unfold. ask a dermatologist how you may reduce excessive underarm sweating with qbrexza. >>> all right, taking a live look at new york's times square as we count down to midnight. you c

costco filed a federal lawsuit against animal rights organizations holding today's protest seeking to end those demonstrations. >>> 6:57. if you live in berkeley you may have noticed a little spike not in your coffee but in the prices you're paying to drink it. a new 25 cent surcharge. the new law took effect january 1st. the new requirements include new signage indicating that surcharge. so far some businesses are not fully onboard. >>> 6:57. single tickets going on sale for bottle rock, the dave matthews band, stevie nicks and miley cyrus. you can get tickets starting at 10:00 a.m. bottle rock runs may 22 through the 24th. a look at our radar. the rain has been coming down depending on where you are. kari has had her eye on the forecast. >> the rain is quickly moving on through and right now it's moving through parts of the east bay and the south bay starting to clear out. this quick moving system will be rolling out of here and by noon we're all in the clear. tomorrow more sunshine and by saturday expect early morning showers and our rain chances go down. and on sunday we'll see su

dump." ( laughter ) incidentally, a "costco dump" is the actual reason lindsay graham was in the bathroom for 20 minutes. ( laughter ) ( cheers and applause ) cheese balls. lot of cheese balls. you okay? you okay over there? everybody okay? while republicans are fighting tooth and nail to keep trump in office, democrats are still gumming away at each other in the primary. i'll tell you all about it in tonight's: ♪ >> you, off the board, i'm about to drag you off! >> a progressive agenda. i don't know about you but i'm having a good time.'s crazy. >> fury road to the white house, 2020! ( cheers and applause ) thank you. [ applause ] for our graphics department. incredible. >> jon: yes. >> stephen: big news from the campaign of former new york city mayor and man whose upstairs neighbors just started doing it, mike bloomberg. ( laughter ) bloomberg has vowed to spend upwards of a billion dollars to defeat donald trump. and recently, he announced that he plans on helping to fund whoever wins the party's nomination, even if it isn't him. that's great to know. ( cheers and applause ) that is gr

costco, $175,000 a year to manage the costco store. if you've got a family of four or five. >> that's still not a lot. cheryl: inflation has hit a lot of cities. >> if you live in the new york metro family area, 175 is a bit of a stretch. cheryl: try being a firefighter in staten island. vermont, a lawmaker wants to put an age restriction on cell phones. this is weird. >> this is an odd twist on cell phone use. the lawmaker is proposing that you have to be 21 to use a cell phone. it's not just cell phones. they want to attach this to cigarettes, alcohol and gun purchases. lauren: to use a cell phone. >> they want 21 to be the minimum age. lauren: to make a phone call on a cell phone. >> the lawmaker is saying that people under 21 aren't mature enough to handle things like that. when it comes to alcohol, fire arms and cigarettes, i understand you might be able to make the argument. if you're under 21 you're probleprobably not -- lauren: you can fight a war. you can't make a phone call on a cell phone. >> this was an issue back during th

costco at nearly $300 a share. the warehouse chain climbing 11% in december as shoppers stocked up on toys, candy and liquor. however, not all brick and mortar having a merry day. we are looking at the floor of the new york stock exchange. gerri willis tracking all of the action when it comes to retail. hi, gerri. gerri: that's right. you have the good news story. i have the bad news story. bed, bath & beyond stock is tanking today. they disappointed with earnings and revenue and then said oh, you know that forecast we gave you for results, forget it, we are not going to match that. they have had 11 consecutive quarters of declining same store sales. just a horror for them. the ceo saying guess what, i'm going to come out with a turnaround plan but not until this coming spring. so investors not happy about this, as you can see from what the share price is doing. >>> macy's is also down on news it's closing 28 stores, plus one bloomingdale's store. they did announce a smaller than expected fall in same store sales b

they're making daily deliveries for places like costco and home depot but they're being considered independent contractors which means no minimum wage, no overtime and no coverage of business-related expenses. >> it's just easier and cheaper. so there's that natural incentive to do that. >> we work six days a week and working those hours it's killing. no family time. >> we no do nothing. everything that we do, the manager he made decision. >> now the company lynn star would make no comment. however, independent contractor is now defined by a 3 point legal test. first they have to be free of control in forming their work. their job must be outside of the hiring company's main business. the delivery workers hope that taking their case to court will let them be seen as employees to earn better pay and work fewer hours. >>> rain is headed here to the bay area and strong winds are moving through. meteorologist steve paulson is tracking when and where the worst rain will hit. >> plus we have a traffic alert right now on the peninsula. we're live on highway 1 in pacifica. we'll tell you where the sou

it is almost like costco i can only own a few of these. it is expensive for what you are get.e ceo has done a great job in terms of innovation, distribution, products, the portfolio. you better do a 5.2 number in the u.s. for the stock to rally. that's what you need. >> it is interesting, it is exactly like the costco, lululemon, which i pettily, there are these names that have been able to perform and come through for investors. people gravitate toward them when they are looking for a consumer name to trust >> aren't you going to be listening to the commentary around china huge part of the growth business. >> it is a tough day for the earnings to fall china is going the weigh on this stock. >> how can they not have cautious comments. >> they are not going to have visibility on the impact i think they have to be cauti s cautionary >> at 9:30 tomorrow morning, the starbucks ceo. lisa siu at 9:00, and kevin johnson at 9:30 reacting to their stocks after their > ilings report. >>wh pool, harley davidson and more -- we are back in two minutes. memory support brand. you can find it

optimistic he could be back as well all right, it's exciting let's hope she is enough time to go you know costcod back at the bean dip about chaing. >>i did it they always on the brain's k coming an earthquake-hit morgan hill help people there are reacting to the rude awakening and presideial candidates are bringing in millions to fund their campaigns will tell you who raised the most in both parties. >>and speaking dine and dish hundreds of san rancisco 2019 we're going to take a look at the reasons business owners are leaving the city behind and if you'd like to skip the commercls and get more news dung and over to half moon bay now where surfers are expecting me of the biggest waves of the year today, the annual mavericks big wave surf contest is not happening t professional surfers from around the worlare ill making the trip to half moon bay. >>kron on's amy larson is there she joins unow my shoulder here. >>about a mile out at sea that's where surfers are atching waves range in the 20 foot nging between 2025 safety freeze in helicopters r jet skis and boats on hand making sure everyone make

american express had a couple of notable stumbles including losing the affinity relationship with costco things cost the stock during the rally but at this point when we try to find names trading at reasonable valuation this one trading attious under 15 times forward earnings this is place to look this is also i think kind of a tough time to get long stocks. but i think using options we can find a way to have some upside exposure and mitigate the risks in case if the entire market sees short-term weakness what i was looking at was a sup u.p.side calendar spread the february april 130 call calendar you could spend $1.65 for that the april 130 calls would cast $3.30. you could sell the february calls against it for $2.15 the idea is that axp my grates or goe slightly above the level and make money as the shorter dated options decay. if you bided at that point you could hold the longer dated calls and use that to take longer exposure. >> i think that this trade structure makes a lot of sense writing the 130 february call right above the 52-week high collecting almost 50% of the premium of t

that american express had a couple notable stumbles losing that i finty relationship they had with costcose cost the stock during this rally, but at this point when we're trying to find names that are trading at reasonable valuations this is trading at just under 15 times forward earnings, this is a place you might look this is also i think a tough time to get long stocks but using options we can find a way to have upside exposure and mitigate the risk. simply what i was taking a look at was an upside calendar spread february and april 130 call calendar spend 1.65 for that. when i was looking at this earlier today, the april 1.30 would cost you $3.80 sell february for 2.15 and the idea here is that axp could migrate up to february expiration or slightly above that level and you're going to make some money as the shorter data options decay if you decided to at that point you could hold on to the longer data calls and use that as your way to take longer exposure. >> i think this trade structure makes a lot of sense right above that 52 week high collecting almost 50% of the premium of the lo

costco is so non -- they never hype themselves. they just deliver after deliver after deliver. the kirkland brand, a lot of people think it's the premium brand, it's their house brand. that stock is on a one-way collision with 330. >> costco december sales out i see b of a now is cutting kohl's to neutral, price target 50. >> they see something they don't like, huh, carl? >> the stock was 75 in april, jim. >> well -- >> and largely blaming women's apparel. they're going to have to spend a lot more on promotions and attracting customer traffic. >> look, they're just trying to stay in the game they don't know what to do i mean their strategy is you come into work every day and say anybody got anything you guys got anything? i don't know anything there another company, macy's, jeff gannett delivered what he said he was going to deliver. he's going to talk a better story. kohl's, i'm speechless i'm speechless >> wow, there it is. you really were speechless for i counted at least 0.06 seconds. how did that happen? >> i'm as quiet as the registers at kohl's. >> that's cold, man. >> y

it looks great, it looks like a costco salad, something you might pick up in your lunch hour. —— chrisd like this could last four or five days for a small dog. and it is 75p a day for a small dog. and it is 75p a day for a small dog. it starts from 75p a day and what the average dog, it is about the same price as per cup of coffee so the same price as per cup of coffee so giving your dog a hit of good natural food every day which has been linked to increased health, it isa been linked to increased health, it is a small price to pay. we both have dogs, i have a black labrador and so i'd buy bulk dried food, it is easy to store, it doesn't smell, it lasts for a couple of months. i'm assuming that if i have to buy the equivalent for my black labrador, thatis equivalent for my black labrador, that is a lot of food. do you have to store it in a fridge? the great thing about our model is because it isa thing about our model is because it is a subscription model, we deliver it straight to your door at a time that suits you, so we can send it in two—week intervals or four week intervals. it is

today, he works three temporarily jobs at the stadium, as a janitor at costco living in the city is outre down here, you are getting $15 to do the same work you feel better about yourself you feel appreciated you can take care of your family more. >> beyond seattle, the federal minimum wage stands at $7.25 an hour the congressional budget office estimates such a move could boost pay for as many as 27 million low-wage workers but also cause mimones of people to lose their job >> you see the affect amazon has had on the city. property prices. you talk to the gentleman that couldn't a forward to live in the city we were talking about washington's economy doing so wrel >> you see it in new york, san francisco now. very expensive, very high cost of living areas. we don't quite know what a $15 an hour would look like in the middle of the country where things aren't necessarily as expense give it would give many a big boost but also reduce jobs some reports basically saw workers pay increase if they were already working minimum wage job and others saw hours cut. we are still early on. many peo

fans preem to watch in the comfort of their home, retailers and businesses including best buy and costcoing deals leading up to the game. >> i can only imagine how many people are coming. i am expected like 100 people. >> reporter: official watch parties were held for the championship game. >> it was super intense. >> reporter: this bar is expected to host a south bay watch party for the super bowl with talk of a kid friendly area to accommodate families and the restaurant is stocking up. >> we are ordering extra kegs and security. >> we are flying red and gold colors on post street and at city hall. there is a lot of pride to have the 49ers back in the super bowl. >> reporter: the downtown association expects businesses will see a modest bump in sales. >> when we hosted the super bowl at levi stadium, denver against car oa line aa it was a little bit hum, this is going to be exciting. >> the 49ers and the chiefs are not the only ones squaring off in the super bowl. air bnb is fighting the hotel industry. they said short term rentals are infreighting are, inflating prices. >>> you can wa

we also have the customer satisfaction which is super high up compared to costco or amazon, only scoring: who are your clients? eduardo: we work with fast-moving consumer brands like everlane, other voices. taylor: finally, i want to talk to you about given that you have such a gauge on the retail sector, what do you think is next for the sector as you look out at the next few years? eduardo: we see the world dividing in two. if you want to buy something transactional, amazon. if you want to have more of an experience, you will go to a consumer brand offering you a set of flavors, so we see how the world is splitting in two, and that is all geared toward the best shopping experience, the fun times ahead. taylor: i might be the customer of now you are talking about. thank you to edouard ou -- eduardo vilar. super league gaming is heading to china, teaming up with a group to bring e-sports to a growing market. we will bring you our conversation with the super league ceo. this is bloomberg. ♪ ♪ ♪ its way toports on becoming a billion-dollar industry. one man wants in on the action. super le

. >> $2.14 at the costco in delaware. stu: when you walk into costco, do people recognize you?et they do. >> on occasion they have. stu: you get mobbed in the costco. [laughter] stu: boeing is reporting earnings before the bell toda today -- before the bell tomorrow morning $3.70 per they secretsecure 12 billion for morn a dozen banks. this is to prop them up during the max jet problem. fitzgerald said the stock would drop to $200 a share. that was chief fitzgerald what says dr? >> i don't take the opposite side from him but i will on this one. i like your purchase, i like where you got it, i think 320 level is going to be key above there. this thing has upside. it will bounce around a lot while plays out. if you want to look at a year or two, i will take 400 before 200. stu: people don't know, i bought some boeing with some of the profits i made in microsoft i put into boeing and bought at 330. i owe most are him off the show yesterday. it went down to $200 a share. by the way, tomorrow maria bartiromo will be interviewing dave calhoun that will be 830 eastern time tomorrow af

many businesses including best buy and costco are offering deals leading up to the game. >> i'm a little nervous, to be honest. i can only imagine how many people are gonna come out. i'm probably expecting at least 700 to 800 people. >> reporter: the communal restaurant and bar toasted the official watch parties for the two home playoff games. at wan point, 600 fans showed up with people waiting in line for three hour. >> super intense. it was probably what we valid done in a friday and saturday night. >> reporter: the intaur expected to host the watch at a party for the super bowl. with talk of areas to accommodate family. the restaurant is stocking up. >> having extra security, make sure everyone's having a safe and fun time. >> flying red and gold colors on post street. over at city hall. and just a lot of pride to have the 49ers back in the super bowl. >> reporter: the downtown association expects businesses catering to the niner faithful will see a modest bump in sales. >> when we hosted the super bowl at levi stadium, denver against carolina. this is gonna be exciting. >> more deta

the off price sector is good as well as costco because customers are looking for bargains also groceries and they need food grocery outlet is another one to consider as well but cautious beware on clothing, the mall, store closures ahead unfortunately, department stores are tougher. that being said, nordstrom is a business model for the future. they've been doing a good job with their local market strategy as well as online penetration being 30%. >> so you and liz kind of agree on jw nordstrom. oliver, let me turn o you and then maybe you, liz. though the stocks are not performing well in light of these numbers i guess i would count myself among those who was a bit surprised that macy's was just basically flat year over year in sales and kohl's the same just down .2 am i wrong to feel that way? >> investors are trying to see how these appeal to the new generation of shoppers they're really shopping quite differently. she loves tj max and others and doesn't necessariy shop by bran. so rethinking retail and what retail should look like is a a concern in terms of the valuations of these com

we have a 92 score that measures the satisfaction which is high against folks like costco and amazon who are only scoring 80. >> we do work with everlane, untuck it, other voices. >> finally, here i want to talk to you about given that you have such a gain only the retail sector, what do you think is next for this sector as you look out the next few years? >> we've seen the world divided in two. if if you want to buy something that's more transaction nal then you go to amazon. if you ant to have more of a consumer you would go to a consumer brand that is offering you a set of flavors. we see how the world is just splitting in two. and it's all geared towards the best shopping experience. the fun times ahead. >> well, i might be the customer of now that you're talking about. that was thank you to eduardo vilar, the c.e.o. of returnly. >> gaming is headed to china. teaming up with a group to brings esports to a growing mark. we'll bring you our conversation with superleague c.e.o. ed hand. stick around. this is bloomberg. >> esports is on its way to beening a billion dollar industry. h

we block costco, it is not the costco, it is csco you have a chinese tanker not being in operation, u.s. tankers, costs a lot of money to ship all this is making a very convoluted situation with oil. and i know some people are saying that a lot of people are saying bad things about soleimani. all i'm saying is that they're not saying that this is strategic. that -- they're saying it is tactical might be strategic by the president to head off something that could really drive the market. >> before this event took place last night, we think around 8:00, we would have come in today and it would be your first day back after the holiday, which we're thankful and happy to have you back and we would be talking about a market that looks ready to continue to go higher. >> apple up 10 points. start the day up 3 and these price target bumps, they're about 11, they're about the -- the professional -- they're about the shortages. which is just store by store, by the way. and instead, what we're talking about is something that knocks apple down, but how is apple affected who how is micron affected do

how did costco get 9%?is where people buy these things and obviously i do believe apple was a formidable purchase including the air pods this christmas. enough to be able to move the needle >> the company's maintaining its previous guidance for the fourth quarter in terms of earnings per share, jim given that, are you surprised the stock is down perhaps as much as 7% when we open 13 minutes from now >> well, i think only because when we saw macy's, which was okay, and we saw kohl's, which was bad, we figured okay, that means business goes to target, and i don't think it did we got to find out how amazon did. that takes a lot of work i know you have a lot of sources but maybe it was, again, for those hard goods you want them delivered to your house. you got to buy them in ham zone. >> amazon doesn't tell you specifics as their typical way to go about it walmart doesn't report these things any longer, jim i guess they report february 19th i think i'm not sure towards the end of february. so it's going to be a

. >> reporter: as a final thought costco sells gift cards at a discount.ar store, this is an easy way to get a discount. >>> here is our pick for the most heart warming story of the weekend. an 82-year-old man is keeping his anniversary tradition alive by driving more than an hour to pick up roses for his wife. melvin started doing this 64 years ago when he married his wife. he started out getting a dozen, but when they got to anniversary number 13 he decided to add a rose each year. we'll let him explain why he keeps up the an gentlemannual d >> love has no end. if you love somebody, it's for life and i love her more than anything else in the world. >> it shows me he really does love me and he cares. he's very caring. >> that is so nice. look at them. melvin's tip for staying happy in their marriage is to learn to give and take. he says they each have to put up with a lot over the years, but do it out of love. that is very nice. >>> still to come here, the senate is back in session after a holiday recess and both leaders are addressing the pending impeach

seeing first quarter earnings estimates taken down by analysts after reports some like auto zone and costco have seen increases. leets call it a mixed trend but it's lower than expected we need to get the in your opinions up. liking at the risks in 2020, the markets, they are trade wars it's bit lower because there's a risk of the trade risks are lower. the fed raiding rates decent job growth. there are some major risks out there. buy backs, we have been seeing it for ten years it may be a limit to how far we can go the belief that global growth is bottoming. a lot of people think this will not happen wage growth is not here yet but a lot of people believe we should be having it in the next couple of years. that will be major issue as well let's say right now we have a very mixed picture for the global earnings report we need to get the numbers up bit more in the next couple of quarters back to you. >> thank you very much, robert our next two guests both say stocks have more room to run a far cry from where we stood one year ago today let's bring in john lynch. welcome. john, and then you k

many businesses including best buy and costco are offering deals leading up to the game. >> i'm a littles to be honest. i can only imagine how many people are going to come out. >> reporter: there were official watch parties. at one point, 600 fans showed up with people waiting in line for three hours. >> it was super intense. it was probably what we would've done in a friday and saturday night. >> reporter: they are expected to watch a watch party for the super bowl with a talk of a kid friendly area. >> we are ordering extra food and extra security. make sure everyone is having a safe and fun time. >> we are flying red and gold colors on post street and over at city hall. a lot of pride to have the 49ers back at the super bowl. >> reporter: scott expects businesses catering to the minor faithful will see a modest bump in sales. >> i know when we hosted the super bowl at levi's stadium four or five years ago, denver against carolina, it was a little -hum. this is going to be exciting. >> remember, you can watch super bowl liv on sunday, february 2nd right here on ktvu fox 2. stay with u

a few like auto zone and costco are seeing some earnings estimates increase the overall trend, she pointed this out, she's right, somewhat lower than expected for earnings growth looking at the risks in 2020, markets are at new highs because many believe the risks from trade and tariffs is lower that's a big factor. second, the risk from the fed raising rates also lower as they will likely remain neutral decent job growth, risks from the u.s. consumer lower. there's risks elsewhere. buybacks, corporations have been buying back stock for ten years. there may be a limit how far that can keep growing. i find high risk a little bit believe it's unlikely 2019 will be a bottom in the global economy. nothing's changed in europe with very few structural reforms. another issue showing up a lot among strategists with wage growth many believe wages will likely be higher in years to come, putting some pressure on margins, tyler, not out of the woods yet. >> dan, do you agree with what bob just laid out, more moderate earnings growth this years, moderate, not more moderate, but moderate earnings growth

. >> we went to costco and -- you know, just to buy necessities. my wife was speaking to her dad who was ill in spanish. people next to us and around us were not happy that she was speaking in spanish. from that, you know, a bunch of suff escalated. >> reporter: i spoke to a man who ran for office on the platform of "bring back boise." >> they have that appreciation and equity. >> reporter: mario says despite the occasional prejudice, it's still worth the move. back out here live, i have heard from an awful lot of californians who have moved out of state on social media. they tell me that, yes, they absolutely love the fact that they have left the bay area. however, over and over again i hear that they miss things like diversity, they miss the water, and they miss views like what you see behind me. in san francisco tonight, dion lim, abc 7 news. >> dion, thanks so much, and lyanne as well. we talk about it all the time, people say the same thing, they regret leaving on a lot of levels but felt compelled to do so. it's one thing to move because you

and it lost some of that share to best buy, costco. and in toys, again, that was another area where we expected to see growth but target was comping on a year, 2018 wrrgs it had really doubled down in toys. saw explosive growth in that space. when you're laughing, obviously, such a great year, it's hard to grow is sales there. >> to that point, if they had that promotion on categories, they're able to hold on to that margin and which is why they're able to reaffirm the earnings forecast >> exactly >> but 2020 is interesting because like we both know, they've really invested a lot in that category. they've had 21 straight quarters of toy sales growth. yes, they had a strong holiday, but is it over i mean, is this the end of the toy bonanza for target what does it mean for target >> sarin witten actually published a piece on cnbc. you saw hasbro stocks were down this morning, so was mattel. we think there's a widespread epidemic happening in the toy industry, where you have manufacturer, after toys "r" us, cut down their inventory in wha

costco filed a lawsuit seeking to end the demonstration. >>> if you live in berkeley and frequent coffee shops you may have noticed a spike in the prices. many are complying with that surcharge on all disposable cups. the law took effect january 1st. there are signs indicating the surcharge. apparently so far not every business is fully onboard. trending this morning justin bieber says he has lyme disease. >> very concerning. in a post on instagram he says he has a chronic case of mono that's affected his skin, brain function, even energy and health. the announcement comes in response to fans and others who say he hasn't looked well. bieber says he's overcoming the battle with the disease and will talk about it in an upcoming youtube docu-series. >>> the oscars won't have a host this year. making that announcement on twitter. if you recall last year the ceremony went without a host after controversial tweets from comedian kevin hart led him to step down. the academy is promising an entertaining show with some surprises in store. >>> the world's reacting to the shocking announcement the d

they're beating amazon and costco as well. melissa: online game is killing it.bably an opportunity here with this pullback. meanwhile in some successful company news, disney plus pulling in 41 million subscribers since the launch in november. this is according to a new report. the number is a quarter of netflix entire subscriber audience. wow. jonathan, that's staggering. >> yeah, it is. this is in effect what the aol-time warner merger should have been, melissa. content and distribution come together. that is why aol, excuse me, why disney's stock was up 32% last year, in fact, disney plus was the most googled term of 2019. so disney is killing it. the stock is reflecting that. boy what a difference it makes, disney first online offering was called go.com, melissa, you remember that 20 years ago t was a flop. it hit the mark and disney plus. melissa: and my kids are on all the time. it is really good service. taking a slice of the global pie. domino's pizza announcing plans to open up 880 new restaurants in, wait for it, italy, over the next decade. the restaur

there's no costco or walmart, just whatever is available from private vendors at the local market. >>this is papaya. papaya? this big? >> it's very sweet. >> humongous. >> you won't find eggs or milk here. only government stores are allowed to sell those, and they're often in short supply. when it comes to running a business, there are obstacles everywhere. for starters, you can only work in one of 201 government-approved professions. that's right, there's a list. you can be an accountant, a plumber, a palm-tree trimmer, and, of course, a baker. i love the feel of the whole place. if you wanted to open up five of these all around havana, can you do that? can you have five? >> there's a law against that. >> one person... >> one license? >> one license. >> ¿solamente? >> yes. >> so you can franchise? >> uh, franchise, no. franchise is a big enterprise. you know that. >> the burner brothers' license is in sandra's name. they can only open a second bakery if tony applies for a license in his name. and, so, i'm fascinated by the fact that you have become students of the rules. >> yep, we h

. >> lindsey >> looking at costco defensive play in uncertain market reporting january same store salesnd looking for momentum to continue there. >> they have the best white fish salad anywhere. >> and meatballs. >> brenda? >> montelez. trading at a multiple and a discount to the group. >> jim >> sell roku this thing is headed lower. >> all right josh, last word to you. >> i am staying long amazon. nur new to the trillion-dollar club. >> you or the company? >> just staying long as a small shareholder. >> all right, folks. thank you. that does it for "the halftime report." "the exchange" begins right now. >>> thank you very much, tyler welcome to "the exchange." i'm dom chu. investors grow more cautious about the potential economic impact of that fast-spreading coronavirus and fears are building about what will happen when china opens for business again next week after being closed for the lunar new year holiday. the dow wiping out the january gains, the first january loss

the haves are embodied by w.a.t.c.h., walmart, amazon, target, costco and home depot.ll five of w.a.t.c.h. are remarkable in their own way. target is the best performer thanks to the leadership of their ceo brian cornell. as you look back, i am astounded how many of these companies were thought to be second rate operators. same deal with amd and lisa su with target lots saw them as roadkill for walmart and amazon thanks in part to their lack of a serious omni channel strategy but he laid out big bucks to buy shipt and doubled down on high quality private label brands with where the money is and defied all wisdom and developed a multiple form factor strategy, small, urban, large urban and hith hitherto underserved neighborhoods that others had given up on, college campus, cornell is one of the greatest turnaround artists in the history of american business speaking of that, the s&p's fifth best performer chipotle, cmg. everyone who gave up on this thing after its health scare watched the train leave the station. it is never coming back, people. >> all aboard! >> histori

how options trader gear up for j&j earnings plus a check on the cramer cam jim chatting with the costcoe this year. should you buy it in bulk? that's the full interview at the top of the hour. in the mnte,eaim live at the nasdaq and back right after this ♪ thanks for coming all this way to get me. do you have everything? ran out of that car so fast, it's hard to tell! (announcer) treating others like we'd like to be treated has always been our guiding principle. whether your beauty routine is 3or 57,... make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. or here on a wifi hotspot. lte xfinity mobile has more coverage to keep you connected to what matters most. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. save up to $400 a year when you switch. plus, save even more with $100 off galaxy a50. click, call or visit a store today. >>> all right. wel