katherine paid jcpenney $38 for a new coat. it was supposed to be delivered to her house in eastern contra costa county. somehow it went to a jcpenney store in san jose 65 miles away. >> i really wasn't worried because the email confirmed shipment clearly stated if the coat wasn't picked up by a specific date the order would be canceled and a full refund issu issued. >> reporter: she let the deadline past. just like the coat, her refun never arrived either. katherine went back and forth with jcpenney and an online payment service to no avail. we asked the company what happened. it told us it would take a look although it didn't offer an explanation they did send a refund check for $38.44. katherine made our job easier by saving all her receipts and emails with jcpenney. thank you. it's a great reminder when you place an online order keep the documentation until you have your item and you're satisfied with it. is a consumer problem giving you trouble? perhaps we can lend a hand. visit nbcbayarea.com and tap respond in the main m

katherine saved all her receipts and emails with jcpenney. thank you. it's a great reminder, keep that documentation until you have your items and you're satisfied with it. is a consumer problem giving you trouble? perhaps we can lend a hand. visit nbcbayarea.com and tap responds in the main menu or call 888-tips. >>> 5:27. up next another week of watching potentially dangerous weather. a live report and the latest possible trouble spots and the pg&e outages that may soon be in play. >>> plus, a possible new round of relief for thousands of people now struggling to make it in the bay. in business you have to be able to shift-pivot-adapt. then do it all over again. comcast business gives you fast, reliable internet on the nation's largest gig-speed network. and now for a limited time, you can also get fast shipping- with amazon business prime essentials. so no matter what comes next, you'll always be ready to bounce forward. get started with powerful internet and voice for $64.90 a month, and ask how you can get one free year of amazon busines prime esse

. >>> and jcpenney has entered into an asset purchase agreement with brookfield asset management andeem imon property group. the retailer had filed for bankruptcy in may. jcpenney says the agreement should allow them to operate outside the chapter 11 bankruptcy process before the holiday season in a few moments, rackspace technology will enter a new and exciting chapter. across muti-cloud, apps, data and security, we focus on solving the business problems of our customers with technology we are a type of company the market has not seen before. going public will further invigorate our mission to embrace technology, empower customers, and deliver the future. to embracand remember thepower customemoment that things, for one strange time in our lives, got very quiet. we worried over loved ones, over money, over our planet, and over takeout. let's remember this time when so many struggled to feel secure, and build a future where everyone can. because when the world seems like it's standing still... that's the perfect time for us to change it. >>> welcome back among today's stocks to watch

i can't believe we didn't talk about the jcpenney cyber sale. that's coming up tomorrow. nobody's mentioning it, i don't know. [laughter] you know, we've talked about apple and amazon, jcpenney in the cyberspace, who knows what's going to happen tomorrow. liz: yeah. well, yeah. and people will be home, and they've gotten a lot better at using their credit card online. good to see you guys, our floor show traders, giving you their road map. we're really appreciative that you're here. speaking of roads and maps, do all business roads lead to amazon? with the closing bell ringing in 52 minutes and the dow up 309 points, when we're talking about all business roads, we're actually including the business of agriculture in that question. on this national farmers' day, up next a sizzling hot family-own farm whose products are flying off amazon's warehouse shelves within hours of arriving on those shelves. who is this farm? what is their secret? you are going to meet them next when "the claman countdown" returns. don't go away. ♪ ♪ - as the original host of "wheel of fortune," i w

talking about credit default swaps, these options are referencing unsecured bonds, so names like jcpenneycus, all kinds of investors that hold these bonds. big funds, smaller more retail investors. recoveries we are seeing not only in bond but potentially in loans as well, which are typically more restrictive in terms of who is holding these securities. vonnie: we have to leave it there. a fantastic story, jeremy. no. the first of many. this will be a rolling story. jeremy hill on those potential bankruptcies. let's have a quick look on markets. they were on the way down, the worst day in weeks apparently. the dow right now down 3%. the vix is actually above 30 once again. 32.5. the nasdaq is not leading the way. it is down 2.4%. keep an eye on where we close. from new york and toronto, this is bloomberg. ♪ mark: bloomberg's first word news. with eight days to go until election day, more people have cast ballots already than voted early or absentee in the 2016 race. 59 million people have voted in person at early voting centers or by mail. the surge comes as voters try to avoid crowded pl

well-known stock, if i'm a simon or another mall developer, the good news is that i can turn that jcpenneywhatever it is into a warehouse. bad news is that my valuations will drop considerably whatever else i do that is not straight retail correct? >> yeah, i think that's right. so in our look at the data, it looks like the drop in value is about 60% versus what its use was as a retail space. but that is a big hit right there. and the other thing that complicates that, there is a limits to how much of that space can be turned in to e-commerce warehouses the issue is that amazon in terms of generating square feet, even if you swap dollar for dollar for sales, you only need about 15% of that space to be turned into warehouses in terms of what will potentially close >> wow, a 60% potential drop in valuation, if you change it into something else, ryan and your team, a fascinating report on retail and real estate valuations appreciate you coming on thank you. >>> on deck, why your next guest agrees with jim cramer when it comes to this stock which is down nearly 30% this morning who is that mys

shoppers shopping amazon prime day, that is big and that is why walmart, target, best buy, coal jcpenneyving sales we're looking for prime day sales this year to be up 40% to 50% and while it generated $7.2 billion last year, we are looking to $10 billion to $11 billion this year, of which just over $7 billion should come from the u.s. so it is big and it is the unofficial kickoff to this upcoming holiday season. >> dana, i'm on the amazon website right now, kind of scouring around. and there is so much stuff out there, i don't know what to shop for. what exactly is going to be the biggest driver of sales on prime day for amazon, what types of goods? >> some of the kf of the goods electro electronics to fashion to hard goods. i think people will be looking for deals on big ticket categories whether best buy is doing their not yet black friday, target doing their deal base, walmart doing their big save, amazon is promoting a lot of their own brands and they are also promoting small businesses too >> i'm curious how healthy the american consumer is in your mind, how much are they going to

. >> you have target hosting deal days, you have retailers, kohl's, jcpenney and bed, bath and beyondt's the game plan here? >> i think it's a little bit of everything in some ways i think this shows amazon is a technological marvel it's this tech power house, but also, remember, at its core, it's a retailer, an online retailer and retailers love sales. and when amazon accounts for something like half of all online sales so when they have a big push, they really pull the market with them and so there's part of this, i think the rest of the industry doesn't want to secede anything else to amazon and if they see a good thing going, they're not afraid to jump on. >> so that may be the case but amazon is kind of the big player and they're able to basically create their own black friday on whatever day they pick out of the air. do you think we're still going to have the traditional pattern of that last five-week run up from christmas everything from the way fedex hires people and manages packages will be at stake whether we experience that traditional seasonal pattern or not. >> i think it

brands like j.crew and jcpenney have filed for bankruptcy. textile mills have seen orders drop upwards of 90% and merchants have had an additional carrying cost as mills slowed production or closed due to lack .f orders the situation has worsened as prices have fallen. thege the senate to pass covid-19 relief built that addresses the needs of producers and also includes direction to the usda to assist in textile mills and merchants who have been devastated by the pandemic to ensure this industry remains in america. rail transportation is vital. there are two distinct commodities. lint and seed. the cotton lint is formed into a bail at the cotton gin. it is consumed by the textile mills around the world. three out of four cotton bales enter the export market. moving them from a warehouse to a domestic mill is a key component to our industry competitiveness. following the cotton gin process, [indiscernible] until entering the marketing channel. ingredientole feed for cattle or it is used to produce oil. transporting cottonseed from o.a.t. facil

the costumes and face masks are from jcpenney. all the kids costumes are there.ing this year, the cdc is recommending putting candy in other bags. i have a really fun way to keep your social distance and trick-or-treat at the same time. check this out. i created a candy chute right over here this is shipping tube. get it on amazon this one is four feet. you stand back a little. they stand back. you want to help. you put candies inside of the chute comes out for trick or tweeters. fun way to trick-or-treat. to have some fun. okay, we're done with the candy chute. >> [inaudible]. >> now we're, like watching over dead bodies. single serve. so everything, think single serve. we have some dummies and eyeballs, things, little fingers. i have spooky snacks. we have halloween colored tore tortilla chips and some is kosher. i cut up jack links, 100% premium beef jerky. put it in little cauldrons. you have a highly nutritious snack and delicious. single serve, i got, it is a little chilly outside. i have swiss miss hot cocoa. you do marshmellows put it into the containers.