the answer may surprise you and courtney regan has it. >> reporter: planning retail inventory can be like pleasing goldie locks. too much merchandise boggs down the balance sheet and is a frustrating shopping experience. too little inventory opens the possibility for lost sales and leads consumers to look elsewhere. the financial crisis in the following years, tau lessons like the power of proportional events to move excess inventory and the dangers of buying too much. now they are hitting it just right with some of the leanest inventory seen in a number of years. department store inventories were up 1% in the second quarter. the lowest increase in nearly two years. which has helped proof knfitabi and according to historical data should trickle down to off price names like tjmaxx and ross. >> what we expect to happen in the future is that the off price retailers will see better growth margins and sales because they will see less competition from department stores. >> reporter: retailer ross stores says inventory is 40% lower than in 2007. >> this strategy made it easier for our custo

courtney regan joins us with a look. >> wearables geared towards the athletic or health activity. aesthetic isn't a key feature leaving many uninterested. intel is working to change that. just in time for new york fashion week the tech company and fashion house opening ceremony debuts the my intelligent communication accessory. a smart bracelet, the tech features include a usb port inside the clasp, at&t is the exclusive carrier. the bracelet has wire black leather and semi precious gemstones. the two versions for sale at barney and opening ceremonies stores for just under $1,000. citi predicting the market for wearable technology could be $30 billion. with 80% of those surveys interested in smart watches, that do look more like traditional watches. intel hoping to secure their x positioning with the opening ceremony collaboration and partnership with fossil. ralph lauren debuting a smart shirt. fit bit and google to make their wearables a little more fashionable. scott? >> all right. courtney, thank so much. >> i think this speaks for what intel has been about recently under new

and courtney regan watching the movers for us today. >> that's right. s&p may not be moving much but stocks are. twitter higher on news testing a buy button in some tweets for mobile user to buy from a weet. boeing on ryanair agreed to buy for $11 billion with the option for another 100 for the same amount. and a tough day for u.s. automakers. morgan stanley downgrading ford and gm. saying they were pulling forward demand from the future. we end with general electric selling to electrolux. >> thank you. part of the deal is they'll keep the ge name on the appliances. like it is going away but changing ownership here. let's talk about this deal, what it means for general electric down the road and why the market seems unimpressed. bring in christopher glen and david nelson. christopher, you like this? i mean, they shopped it around. they were going to sell it before the financial crash. they took it off the market. now they have finally got a deal. is this a good deal for them or not? >> well, i think symbolically it's momentous. been in the business for