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and sears and kmart are closing 100 stores across the country. and despite the sun shining it's brutally cold outside. bundle up we are under a windchill advise write and this weekend we could see record breaking lows. melissa magee will join us for a check of the accuweather forecast in a moment but first we given at the jersey shore that took quite a beating at the jersey shore. "action news" reporter, john rawlins shows us how people are dealing with the aftermath. >> reporter: early this morning, atlantic county rescinding the storm travel ban for local roads. it will be a slow and difficult digout and restart as people venture out. >> what a difference a day makes. this is video of crossing the ocean city bridge yesterday. now, same bridge this a.m., clear pavement, clear skies and terrific visibility. and plows blitzed the main roads and side roads are still a work in progress. >> main roads are fine, a great job but side roads are bad, icy. >> and the sunrise cafe was closed for the storm and this morning staffers were digging out not easy
and sears and kmart are closing 100 stores across the country. and despite the sun shining it's brutally cold outside. bundle up we are under a windchill advise write and this weekend we could see record breaking lows. melissa magee will join us for a check of the accuweather forecast in a moment but first we given at the jersey shore that took quite a beating at the jersey shore. "action news" reporter, john rawlins shows us how people are dealing with the aftermath. >>...
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Jan 5, 2018
01/18
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. >>> more than 100 sears and kmart stores will be closing because of declining sales. the sears locations on bustleton avenue kirkwood avenue and wilmington. they're all set to close by april. the auto centers in toms river will shut down by the end of the this kmart in philadelphia will be closed. >>> if you're looking for something fun to do that will keep you out of the cold travel to prehistoric times at the philadelphia conventioncenter. it features interactive activities, also entertainment for dinosaur fans young and old. the exhibit is open through sunday. >>> nothing like a good deed and a hot cup of coffee to warm you up on a day like this. the red cross and dunkin' donuts kicked off their annual partnership to encourage more people to donate blood. donate blood at a red cross center in philadelphia or s january, in return you get a coupon for doughnut. >> customers look forward to it and they get an added incentive for rolling up their >> dunkin' donuts has 25,000 coupons to hands out. >>> taking a live look at the blue cross river rink at penn's landing. a
. >>> more than 100 sears and kmart stores will be closing because of declining sales. the sears locations on bustleton avenue kirkwood avenue and wilmington. they're all set to close by april. the auto centers in toms river will shut down by the end of the this kmart in philadelphia will be closed. >>> if you're looking for something fun to do that will keep you out of the cold travel to prehistoric times at the philadelphia conventioncenter. it features interactive...
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kmart hit even harder. that is down 9412 years ago. macy's will also had fewer stores. it's also cutting 5,000 jobs. it will be closing 11 stores this year. a total of 124 stores have been shut since 2015. they are actually thriving and opening new stores. sophora t.j. maxx if you feel it as well between shopping and buying. what a lot of retail analysts are talking about if you and i are just buying paper towels or supplies that is so easily done now online shopping is a different experience they like to go. they are offering consumers a particular experience that they cannot get online they will be protected from a new digital world. macy's was a little late to the party when it came to being online. he just left as chairman a few weeks ago. those that didn't catch up with the online craze if you will. >> to macy's i think they recognized that they were late to the game he tried to hurry up. he almost refused to see the writing on the wall. catch me every day on fbn a.m. i will send it over to liz claman. we are pulling back just to submit in markets. the judge has se
kmart hit even harder. that is down 9412 years ago. macy's will also had fewer stores. it's also cutting 5,000 jobs. it will be closing 11 stores this year. a total of 124 stores have been shut since 2015. they are actually thriving and opening new stores. sophora t.j. maxx if you feel it as well between shopping and buying. what a lot of retail analysts are talking about if you and i are just buying paper towels or supplies that is so easily done now online shopping is a different experience...
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Jan 5, 2018
01/18
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. >>> it'ssing time for anothe sears locations and 64 kmart stores across the country. three stores in the delaware valley, kirkwood highway in april. northeast philadelphia the sears on the 7300 block of bustleton port richmond on along with the aramingo avenue. closeout sales at those locations begin next week. more ahead on "action news" at 12:30. including the brand new song and video that justin timberlake just released and woman that accused roy moore of sexual abuse is taking him to court. we have the details. and what should have been a fun snow day turned into a tragic accident for a 9-year-old girl. attention homeowners age sixty-two and older. one reverse mortgage has a great way for you to live a better retirement... it's called a reverse mortgage. call right now to receive your free information kit with no obligation. it answers questions like... how a reverse mortgage works, how much you qualify for, the ways to receive your money and more. plus, when you call now, you'll get this magnifier with led light absolutely free! when you call the experts at one r
. >>> it'ssing time for anothe sears locations and 64 kmart stores across the country. three stores in the delaware valley, kirkwood highway in april. northeast philadelphia the sears on the 7300 block of bustleton port richmond on along with the aramingo avenue. closeout sales at those locations begin next week. more ahead on "action news" at 12:30. including the brand new song and video that justin timberlake just released and woman that accused roy moore of sexual abuse is...
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Jan 2, 2018
01/18
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the parent of sears and kmart hasn't run ads this year. now, the company's ceo has always been a champion of digital marketing, but some executives think the strategy is hurting the business. sears has been slashing costs as they try to turn the company around, including clothing stores and selling fewer items in existing locations. back to you. >> hopefully one day they will get a commercial in the super bowl that will attract a lot of people. thank you. >>> thank you very much. >>> in medical news online tobacco marketing may entice more teenagers to smoke. teens who watch tobacco related videos were more likely to try them. they use more tobacco, more frequently and less likely to quit. experts say tobacco companies should limit their online market. >>> kari has a look at what's coming up. >> looking forward to rain in the forecast. we have mostly clear skies to start. let's go to santa teresa to check out the temperature trend. we will see more clouds moving in and temperatures making it to the upper 50s later this morning. we will tal
the parent of sears and kmart hasn't run ads this year. now, the company's ceo has always been a champion of digital marketing, but some executives think the strategy is hurting the business. sears has been slashing costs as they try to turn the company around, including clothing stores and selling fewer items in existing locations. back to you. >> hopefully one day they will get a commercial in the super bowl that will attract a lot of people. thank you. >>> thank you very much....
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sears says 64 kmart stores and 39 sears storeses will close between march and april.in addition to 250 announced last year. macy's will shed some cutting about 5,000 jobs. it's about an overall plan to close some 150 places. >>> cdc warns may be linked to e. coli. five were hospitalized and two died. the cdc says the outbreak started in mid-november. >>> and tax season will begin monday, january 29th, mark your calendars. the irs said it will start accepting paper and electronic filings that day. the deadline is april 17th. >> there you have it. you've been warned. diane king hall at the new york stock exchange. thank you, diane. >> thank you. >>> still ahead, snow excuse. we'll show you how the patriots stuck it out in the blizzard in foxborough. fibromyalgia may be invisible to others, but my pain is real. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may ca
sears says 64 kmart stores and 39 sears storeses will close between march and april.in addition to 250 announced last year. macy's will shed some cutting about 5,000 jobs. it's about an overall plan to close some 150 places. >>> cdc warns may be linked to e. coli. five were hospitalized and two died. the cdc says the outbreak started in mid-november. >>> and tax season will begin monday, january 29th, mark your calendars. the irs said it will start accepting paper and...
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Jan 6, 2018
01/18
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stephanie: mientras que macy's dio luz verde al cierre de 11 de un total de 100 tiendas que kmart y sealsersona tenga algo de reserva en sus foros y pueden salir adelante mucho mejor. stephanie: no obstante, todavÍa existe un poco de excepticismo en cuanto a compras por internet. >> es el boom ahora. muchas personas optan por eso. a veces en muchos errores con las compras. ramÓn: ni hablar. en breve 28 30 39 59 70 y el chuck pot es yes magos y s con el legendario personaje. jackie: feliz dÍa de reyes, que tengan buen fin de semana. ♪ >> es viernes 5 de enero. el yerno de donald trump buscÓ un acuerdo migratorio con peÑa nieto, que incluyera el el muro fronterizo para el mandatario mexicano no lo aceptÓ. se equivocÓ de ruta, terminó en un puesto fronterizo y podrÍa ser deportado. joven colombiano indocumentado. ya estÁ preso el gobernador de quintana roo acusado de un desfalco de 162 millones y de expropiar viviendas a decenas de personas. una organizaciÓn privada ofrece 7 millones de becas universitarias disponibles para todos, especialmente para latinos. ♪
stephanie: mientras que macy's dio luz verde al cierre de 11 de un total de 100 tiendas que kmart y sealsersona tenga algo de reserva en sus foros y pueden salir adelante mucho mejor. stephanie: no obstante, todavÍa existe un poco de excepticismo en cuanto a compras por internet. >> es el boom ahora. muchas personas optan por eso. a veces en muchos errores con las compras. ramÓn: ni hablar. en breve 28 30 39 59 70 y el chuck pot es yes magos y s con el legendario personaje. jackie:...
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Jan 5, 2018
01/18
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the retailer said more than 100 sears and kmart stores across the country will close their doors by april. sears' shares closed down 5% to $3.58. >>> and sticking with retail, walgreen's boots alliance helped that chain grow overall revenue and same-store sales even as the company's business underperformed. the results were above street expectations. walgreen's said it was hiking the lower end of its earnings guidance for 2018 and it expects to close its $4.5 billion acquisition of 2,000 rite aid stores this spring. walgreen shares fell 5% to $71.60. cvs says it expects a $1 billion gain as a result of the new tax law. the pharmacy and retail chain said operating profit will likely rise between 1 and 4% this year. shares climbed more than 2% on the session to $75.13. costco said same-store sales by demand in the u.s. andmber, abroad. th world's largest wholesale club retailer also said its e-commerce busines perform well. shares initially rose on the news but then they fell fractionally to finish the regular session at $189.10. >>> many industries are still trying to fi the full impact of
the retailer said more than 100 sears and kmart stores across the country will close their doors by april. sears' shares closed down 5% to $3.58. >>> and sticking with retail, walgreen's boots alliance helped that chain grow overall revenue and same-store sales even as the company's business underperformed. the results were above street expectations. walgreen's said it was hiking the lower end of its earnings guidance for 2018 and it expects to close its $4.5 billion acquisition of...
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sears says 64 kmart stores and 39 sears stores will close between march and early april. in addition to the closure of about 250 store closings announced last year. macy's will shed some cutting about 5,000 jobs. it's about an overall plan to close some 150 places. >>> the cdc is warning romaine lettuce may be linked to an e. coli breakout. the warning comes after 60 people were affected by e. coli bacteria. five were hospitalized and two died. the cdc says the outbreak started in mid-november. >>> and tax season will begin monday, january 29th, mark your calendars. the irs said it will start accepting paper and electronic returns that day. the deadline to submit 2017 returns is april 17th. more than 155 million tax returns are expected to be filed this year. anne-marie? >> there you have it. you've been warned. put it on your calendar. diane king hall at the new york stock exchange. thank you, diane. >> thank you. >>> still ahead, snow excuse. we'll show you how the patriots stuck it out in the blizzard in foxborough. stuck it out in the blizzard in foxborough. fibromyal
sears says 64 kmart stores and 39 sears stores will close between march and early april. in addition to the closure of about 250 store closings announced last year. macy's will shed some cutting about 5,000 jobs. it's about an overall plan to close some 150 places. >>> the cdc is warning romaine lettuce may be linked to an e. coli breakout. the warning comes after 60 people were affected by e. coli bacteria. five were hospitalized and two died. the cdc says the outbreak started in...
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it's closing another 100 sears and kmart stores. most will close by april. also this morning, macy's says it will cut 5,000 jobs. this comes despite encouraging news about the broader economy. >>> overall the private sector added 250,000 jobs last month. the government releases its monthly jobs report today. >>> and that jobs report could help determine whether the winning streak continues on wall street. 25,000 for the very first time. global economic growth and strong corporate earnings have analysts predicting more gains. >>> we turn now for a look at your weather forecast for this friday. >>> good morning, our storm, our blizzard now working its way throughout portions of new once wick and still talking about fierce winds, wraparound snow and now talking about anything overly heavy from this point forward. blizzard warnings expiring throughout eastern maine as we talk about that 7:00 hour. but we are talking about again some fierce winds out there and these strong winds will blow and drift the snow around with icy spots on the area roadways. i'm justin p
it's closing another 100 sears and kmart stores. most will close by april. also this morning, macy's says it will cut 5,000 jobs. this comes despite encouraging news about the broader economy. >>> overall the private sector added 250,000 jobs last month. the government releases its monthly jobs report today. >>> and that jobs report could help determine whether the winning streak continues on wall street. 25,000 for the very first time. global economic growth and strong...
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Jan 1, 2018
01/18
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alpine rescue coordinating efforts to bring the stranded people off the mountain she's already wanted a kmart. wanted or not we get phone calls almost all of them during the night we find groups of people for five or six people who are really badly equipped have nothing to protect themselves from the cold no gloves no scarves no hats we even find people with no shoes. the shelter is a start by local volunteers they're offering what help they can to a constant flow of migrants cooking a hot meal and giving them a chance to sleep for a night in a warm place or a new religion we found people in the snow who had no shoes or just with a t. shirt the reason is that the african people have no idea how dangerous the mountain is they have no idea at all and there is no let up to the number of migrants prepared to take this risk going to will last another three months taking its inevitable toll on those trying to start a new life on the other side of the alps sylvia lennon al jazeera israeli authorities are seeking twelve charges against a palestinian teenager film slapping and kicking two israeli sold
alpine rescue coordinating efforts to bring the stranded people off the mountain she's already wanted a kmart. wanted or not we get phone calls almost all of them during the night we find groups of people for five or six people who are really badly equipped have nothing to protect themselves from the cold no gloves no scarves no hats we even find people with no shoes. the shelter is a start by local volunteers they're offering what help they can to a constant flow of migrants cooking a hot meal...
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alert for you.er 39 sears stores and 64 kmart stores nationwide will be closing this may. sears would not say how many employees would be affected, but did say the majority of those jobs are part-time positions. liquidation sales begin as early as january 12. life time fitness is blocking cable news channels from tv monitors in its facilities. it is based in minnesota. a representative said there were many member requests leading up its mission to promote healthy lifestyles. cnbcfox news, msnbc, and are the stations getting blocked. local news stations are going to be available. city, mix up at a yuba california gas station causing major problems for drivers. a fuel delivery truck accidentally put diesel and premium fuel in the wrong tanks. a dozen customers used the fuel. damages could cost up to $800 per car. the gas station owner says he is reaching out to the delivery company so the drivers can get compensated. get your tickets ready, your dream of becoming a make a millionaire is still alive with $445 million up for grabs tonight. smooth $277ion, a million. the megami
alert for you.er 39 sears stores and 64 kmart stores nationwide will be closing this may. sears would not say how many employees would be affected, but did say the majority of those jobs are part-time positions. liquidation sales begin as early as january 12. life time fitness is blocking cable news channels from tv monitors in its facilities. it is based in minnesota. a representative said there were many member requests leading up its mission to promote healthy lifestyles. cnbcfox news,...
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Jan 5, 2018
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sears has also announced...it will be closing over 100 more stores -- including 64 kmart stores. closures are expected to take place beginning in march. (vikki) (vo) the c-d-c said today that 17 cases of e-coli have sickened people across 13 states, including california. the outbreak is now being linked to leafy greens and romaine lettuce. one person has died as a result of the disease. a similar strain caused an outbreak in canada in early november through early december, with 41 people getting sick. the c-d-c says it is still investigating the outbreak. (grant) (vo) up next -- new details on last night's fatal shooting at an oakland bart station. what police say led up to the incident that left a man dead. (vikki vo) flu season is kicking into high gear ... and that is leading to restrictions at at least one bay area hospital. how to avoid getting sick and what to avoid if you ádoá get sick. (grant) (vo) and car break-ins continue at the palace of fine arts as thieves become more and more brazen. a live report from san francisco coming up just after the break. (vikki) (2shot) t
sears has also announced...it will be closing over 100 more stores -- including 64 kmart stores. closures are expected to take place beginning in march. (vikki) (vo) the c-d-c said today that 17 cases of e-coli have sickened people across 13 states, including california. the outbreak is now being linked to leafy greens and romaine lettuce. one person has died as a result of the disease. a similar strain caused an outbreak in canada in early november through early december, with 41 people...
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in retail news, we've got more than 100 sears and kmart stores closing in march and in april, sears announcingt of unprofitable stores, 39 sears, 64k marts and more than half the country, store employees will be paid severance. the liquidation starts january 129, that's not the only bad retail news for you, macy's is planning to cut 5,000 jobs and close 7 additional stores, they have announced 74 stores due for closure as they approach goal of eliminating 100 locations in all. good holiday season for those stores but now reality hits us and we have closures and layoffs, cheryl. cheryl: even with consumer spending doing so much better, investors, they are gearing up for the release of a december's job report, if people had job's, they are going to spend money, economists expect the economy at 19,000 jobs. let's bring more to talk about the bigger story, economists peter mauricie, professor at the university of maryland and doug flynn, guys, good morning. >> good morning. >> good morning. cheryl: peter, i want to talk to you about the job's report, we added we think about 2 million jobs in 2017.
in retail news, we've got more than 100 sears and kmart stores closing in march and in april, sears announcingt of unprofitable stores, 39 sears, 64k marts and more than half the country, store employees will be paid severance. the liquidation starts january 129, that's not the only bad retail news for you, macy's is planning to cut 5,000 jobs and close 7 additional stores, they have announced 74 stores due for closure as they approach goal of eliminating 100 locations in all. good holiday...
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Jan 5, 2018
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that includes 64 kmart stores and 39 sears stores. they will be closed between mid-march and early april. in the bay area.. the sears stores in san jose and san rafael will shut their doors. the move comes in addition to closing about 250 stores announced last year. sears has been selling off some its real estate and brands as it tries to raise cash. ( pam )lawrence is back with the rainy weather details. lawrence karnow: light showers continued today across the bay area today with cool now. keep the umbrella close, there's another storm just off the coast that will bring more rain very soon. you can see on doppler radar a few scattered, light showers. if you're going out tonight we will still see a few scattered showers so be prepared. on the satellite you can see the storm pushing through and the next one just off the coast. clouds will be on the increase tonight with rain starting late in the north and then spreading south throughout the day. if you plan on traveling in the high country be prepared for some wintry weather. the snow
that includes 64 kmart stores and 39 sears stores. they will be closed between mid-march and early april. in the bay area.. the sears stores in san jose and san rafael will shut their doors. the move comes in addition to closing about 250 stores announced last year. sears has been selling off some its real estate and brands as it tries to raise cash. ( pam )lawrence is back with the rainy weather details. lawrence karnow: light showers continued today across the bay area today with cool now....
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. >> say they're going to be closing around 100 around march of april this year. 64 might be kmart.is is a part of that trend line we continue to see. moving away from bricks and mortar. looking to sell some of these unprofitable stores as soon as next week. they're going to proceed with liquidation. worth noting that macy's, another big u.s. retailer looking to close around a dozen store this is year. >> live from london. thank you. morning joe will have the job report as soon as it crosses at 8:30. >>> still ahead, officials in virginia finally named a winner in contested house race. >>> cleanup after the destructive winter storm. look at pictures. bill karins back with us on the details of the deep freeze now settling in. ♪ ♪ i'm jimmy, this is my definition of fresh since 1983. ♪ but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. [burke] abstract accident. seen ♪ video-it. covered it.c we know a thing or two because we've seen a thing or
. >> say they're going to be closing around 100 around march of april this year. 64 might be kmart.is is a part of that trend line we continue to see. moving away from bricks and mortar. looking to sell some of these unprofitable stores as soon as next week. they're going to proceed with liquidation. worth noting that macy's, another big u.s. retailer looking to close around a dozen store this is year. >> live from london. thank you. morning joe will have the job report as soon as...
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Jan 5, 2018
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. >> there's a lot more people who work at the sears and kmart than there are planet fitness and that'she old and new economy can'ting amazon and sears being wrecked by ham zon. >> in retail, warehousing up 30k, couriers, up 19k. >> isn't it something? new economy. >> i've had every single one of the warehouse companies on that is one of the greatest businesses in the world. that had been a core site realty some are data farms but some are ways to be able to get product very quickly from amazon to you. i don't think it's going to happen but jobs are shifting we need more truck drivers and fewer people at retail. >> as the number hit a few moments ago, we saw odds of a fed hikes come down a touch. gold win positive just a touch the point was it is a three handle that spooks the fed and we don't have that at 4.1. >> i was doing work on home builders and saying, two of the top ten s&p stocks were home builders, there is going to be a rate increase that is too far for these guys and we're not going to like themanymore. that may be out further, maybe i was too negative because this isn't goi
. >> there's a lot more people who work at the sears and kmart than there are planet fitness and that'she old and new economy can'ting amazon and sears being wrecked by ham zon. >> in retail, warehousing up 30k, couriers, up 19k. >> isn't it something? new economy. >> i've had every single one of the warehouse companies on that is one of the greatest businesses in the world. that had been a core site realty some are data farms but some are ways to be able to get product...
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Jan 5, 2018
01/18
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CNBC
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. >>> sears holdings will close 103 more unprofitable sears and kmart stores this year the departmenttore operator has wrackrack wracked up 24 stre quarters of declines the stores will close between early march and early april. >>> gopro reportedly cutting about 200 to 300 workers at its aerial products unit the job cuts are part of a larger restructuring in the company. >>> barnes and noble says same-store sales fell 6% in the holiday season they struggle to compete against amazon barnes & noble's market cap is below 5$500 million it's down in the premarket. >>> credit suisse has downgraded nokia to neutral from outperform >>> still ahead on "worldwide exchange," betting on the banks. what you can expect from the financials in the year a top analyst with his top picks. >>> and later cheering the rally. president trump celebrating another major market milestone, but does he deserve all the credit for this record run we'll debate it when "worldwide exchange" returns. l transaction secure from hacks and threats others can't see. this is a skyscraper whose elevators use iot data and ai t
. >>> sears holdings will close 103 more unprofitable sears and kmart stores this year the departmenttore operator has wrackrack wracked up 24 stre quarters of declines the stores will close between early march and early april. >>> gopro reportedly cutting about 200 to 300 workers at its aerial products unit the job cuts are part of a larger restructuring in the company. >>> barnes and noble says same-store sales fell 6% in the holiday season they struggle to compete...
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the list of unprofitable stores, 39 sears stores in 22 states, 64 kmart sites in 29 states.ood deals beginning as soon as january 12th, they're going to be closing and all those stores liquidating by the end of april. sears is not alone. macy's also cutting jobs and closing stores, 5,000 job cuts at macy's, the department store is going to be closing 11 stores this year, they've shut a total of 124 stores since 2015. macy's did have strong holiday sales, but if you look at the stock this morning so far, it has been mostly responding to those job cuts and store cuts. but for balance, here are some retail brands. you can see apple, costco, tj maxx, these are ones that are opening new stores in 2018. these guys are thriving. sephora is another one. it's just worth noting, neil, there are a lot of retail analysts talking about the difference between spending and shopping. and their point is that we all spend maybe more digitally on amazon, etc., but when you shop and you really want to go in, some of these stores are still actually seeing increased foot traffic, increased sales
the list of unprofitable stores, 39 sears stores in 22 states, 64 kmart sites in 29 states.ood deals beginning as soon as january 12th, they're going to be closing and all those stores liquidating by the end of april. sears is not alone. macy's also cutting jobs and closing stores, 5,000 job cuts at macy's, the department store is going to be closing 11 stores this year, they've shut a total of 124 stores since 2015. macy's did have strong holiday sales, but if you look at the stock this...
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Jan 1, 2018
01/18
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sears holdings, a parent company of sears and kmart made the unexpected decision not to run tv commercials for the two retailers. this is especially surprising, because the stores generate the vast majority of their dwindling sales from in-store foot traffic. sears reportedly decided to shift to digital marketing instead. >>> many people have a new year's resolution to get more sleep in 2018. not getting enough sleep is toxic to your health. over time, sleep deprivation can actually be deadly. doctors recommend getting at least seven hours of sleep every night. >>> the latest star wars movie, it is now the highest grossing domestic movie of 2017. disney says the last jedi took in $517 million. in its first 17 days. that put it ahead of another disney movie, beauty and the beast as the top domestic release of the year. the last jedi has earned more than $1 billion worldwide. >>> people already lining up at dispensaries this morning to buy recreational marijuana. why the change in law means a lot of things for cities here in the bay area. >>> outside this morning, partly cloudy skies, able t
sears holdings, a parent company of sears and kmart made the unexpected decision not to run tv commercials for the two retailers. this is especially surprising, because the stores generate the vast majority of their dwindling sales from in-store foot traffic. sears reportedly decided to shift to digital marketing instead. >>> many people have a new year's resolution to get more sleep in 2018. not getting enough sleep is toxic to your health. over time, sleep deprivation can actually be...
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kmart and sears in march and april, under pressure. the stock is under pressure. stores have not been performing as well. turn that arrow around, we're watching netflix which crossed 210. including david letterman landing first new guest for his talk show. signing a multiyear deal with "planet of the apes" director matt reid. a couple of big news for netflix. high at amazon, microsoft, google at all-time highs today. david: nicole, thank you very much. as nicole told us unemployment at 17-year low. u.s. economy adding less than expected 148,000 jobs in december. the jobless rate remaining at 4.1%. wages are on the rise, up 2 1/2% a year ago. someone expects it to get better. >> the market is good. the jobs reports were very good and we think they will get really good over the next couple months. david: bring in today's panel. jack how much from "barron's" and michelle gerard from natwest markets and tom gimbel from the la sell network. michelle, why are the markets doing so well? >> passage of the tax plan for 2017 was less than assured so i think that brought in
kmart and sears in march and april, under pressure. the stock is under pressure. stores have not been performing as well. turn that arrow around, we're watching netflix which crossed 210. including david letterman landing first new guest for his talk show. signing a multiyear deal with "planet of the apes" director matt reid. a couple of big news for netflix. high at amazon, microsoft, google at all-time highs today. david: nicole, thank you very much. as nicole told us unemployment...
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Jan 10, 2018
01/18
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last year it announced it's closing another 100 locations mostly kmarts.he stock market has been on a run in 2018 record closes every day for the s&p, hasn't done that sent 1964. today we're looking at red figures for a change. the dow down 70. nasdaq down 24. s&p down 7. >> thank you. >>> time for a look at what's coming up later on "cbs this morning." norah o'donnell joins us now from new york. good morning. >> reporter: hey, good morning to you, michelle. today we welcome john dickerson as our new co-host of "cbs this morning." so he will be joining us here at the table. it's a big day here. also, we are following that story out of southern california. santa barbara county has dramatic rescues from the deadly mudslides and we'll talk to the sheriff there. plus, we'll talk to a senator who took part in the remarkable televised meeting with president trump on immigration reform. republican senator james langford joins us as part of our "issues that mattered" series. an early facebook investor is warning about what he says the social media giant's harmful
last year it announced it's closing another 100 locations mostly kmarts.he stock market has been on a run in 2018 record closes every day for the s&p, hasn't done that sent 1964. today we're looking at red figures for a change. the dow down 70. nasdaq down 24. s&p down 7. >> thank you. >>> time for a look at what's coming up later on "cbs this morning." norah o'donnell joins us now from new york. good morning. >> reporter: hey, good morning to you,...
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it is is kmart and macy's. sears holdings announcing a list of unprofitable holding.have to cut 5,000 jobs. eighty-one have been identified. this is the site. they saw same same-store sales. has dropped even further down 55 percent in the last year. the nintendo switch has been that fastest selling video console ever. the game is going to be heading to the switch. it's up about 87 percent. if they can help reduce the stress levels. that the partner had worn. the scent of a stranger seems to increase anxiety in women. next time someone's spouse travels leave that shirt behind. you had been wolfing over there. we have some treats. that's why you're here today but. you're being really good right now. if he just wants to show off the awesome sweater. ian is upset. he must bring in his dog. we have charlie this morning. a new prescription pet food service. 85million u.s. households include pets. many are looking for healthier diets for their animals. an experience officer. thank you so much for joining us. you recently received a 12.6 series of funding. we tailor it for ea
it is is kmart and macy's. sears holdings announcing a list of unprofitable holding.have to cut 5,000 jobs. eighty-one have been identified. this is the site. they saw same same-store sales. has dropped even further down 55 percent in the last year. the nintendo switch has been that fastest selling video console ever. the game is going to be heading to the switch. it's up about 87 percent. if they can help reduce the stress levels. that the partner had worn. the scent of a stranger seems to...
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Jan 5, 2018
01/18
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> it's unclear how many jobs will be cut as a result of the latest round of closures for sears and kmartr said it's closing 103 more stores, two in the bay area. the sears store at the westfield oak ridge mall in san jose will shut down by mid- march. the sears at northgate mall in san rafael is closing in april. the closures come admitted to link sales and increased competition from online retailers. >>> there is word that the ceo of intel made millions of dollars by selling shares in his company after google informed the chipmaker of the serious security problem. the ceo sold about $39 million in stocks and options in late november before the security flaw was revealed publicly. a spokesperson for the santa clara company told marketwatch that the divestment was not related to the security problems. the ceo made a profit of about $25 million before taxes from that stock sale. >>> you can add apple devices to the list affected by that major security flaw with intel processors. apple says all its mac and ios systems have the flaw. apple plans to release a software update to patch it withi
> it's unclear how many jobs will be cut as a result of the latest round of closures for sears and kmartr said it's closing 103 more stores, two in the bay area. the sears store at the westfield oak ridge mall in san jose will shut down by mid- march. the sears at northgate mall in san rafael is closing in april. the closures come admitted to link sales and increased competition from online retailers. >>> there is word that the ceo of intel made millions of dollars by selling shares...
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Jan 4, 2018
01/18
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since its last earnings report lastly, sears continues to close those stores, today identifying 100 kmart sears stores it's going to close between march and april. they closed 350 stores last year those closures just continue we all kind of know the fate, we just don't exactly know when >> court, thank you, courtney reagan at the nyse i'll go to tim here, what did you make of the move in macy's in particular? >> you can't be surprise affect that move. this is still a company that has structural challenges that aren't going to change overnight. half the savings from the tax bill will be essentially chewed up by store closings they adjusted up on revenues this is good it's a very different run company than it was a year ago this is nothing to do with real estate but to say you want to be bullish on the stock at 25 bucks i think is actually wrong. this was about a stock that was overtraded remember, the entire retail sector outperformed the s&p by 15% since the lows in november we've had a big run here, folks. some of these businesses are better than others i have a small position in macy's
since its last earnings report lastly, sears continues to close those stores, today identifying 100 kmart sears stores it's going to close between march and april. they closed 350 stores last year those closures just continue we all kind of know the fate, we just don't exactly know when >> court, thank you, courtney reagan at the nyse i'll go to tim here, what did you make of the move in macy's in particular? >> you can't be surprise affect that move. this is still a company that...
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Jan 2, 2018
01/18
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airwaves during the holiday shopping season and there were no television commercial force sears and kmarte company made the unexpected decision not to run tv commercials for retailers. head of company decided to shift to digital marketing instead. >> 2017 was safest fewing year ever last year so huge increase in flying and sharp decline in deadly plane crashes. ten commercial passenger and airlines crashed with total of 44 deaths. that's better than five year average of 1 crashes with nearly 500 deaths. >> a hospital in jacksonville is, florida, looking for professional baby cuddlers. s the sole job to hug newborns in the nicu. most faced a various eyetive challenges in their first days. all you need to two arms and 'warm heart. >> that would be a good job. >> and rewarding. >> i like that. >> it made me sad to think there's babies that didn't have anyone to match cuddle room you know. >> it makes you happy there's so many people willing to step in. >> we need warm hearts. >> absolutely all these coming up we'll be cold throughout this week up fortunately. 14 crystal clear skies and whipp
airwaves during the holiday shopping season and there were no television commercial force sears and kmarte company made the unexpected decision not to run tv commercials for retailers. head of company decided to shift to digital marketing instead. >> 2017 was safest fewing year ever last year so huge increase in flying and sharp decline in deadly plane crashes. ten commercial passenger and airlines crashed with total of 44 deaths. that's better than five year average of 1 crashes with...
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> ashley, as you and liz reported for a long time, great people working in the stores at sears and kmartrrible the people who control them, eddie lampert, and esl, wall street geniuses don't understand main street. sears, kmart, bon-ton group, from the herbiger stores in north dakota to carson's in chicago and bon-ton in the east. that is really problematic. ashley: look at the last holiday season pretty strong, right? >> yeah. ashley: shoppers came back and they spent. >> what is really great, business news reported with deflation in apparel, prices were down 1.3% but unit sales were up almost 5%. so, as you and liz and nicole reported earlier, macy's big comeback under new leadership. ashley: yeah. >> in addition to off priced, neiman marcus seems to have found the footing. with the royal wedding coming up on may 19th and macron in paris, there is some civility in fashion and style coming back to retail that is bringing up everything from the high-end to off price. ashley: how did brick and mortars do this holiday season? did they hang in there? >> brick and mortar did very well. as yo
> ashley, as you and liz reported for a long time, great people working in the stores at sears and kmartrrible the people who control them, eddie lampert, and esl, wall street geniuses don't understand main street. sears, kmart, bon-ton group, from the herbiger stores in north dakota to carson's in chicago and bon-ton in the east. that is really problematic. ashley: look at the last holiday season pretty strong, right? >> yeah. ashley: shoppers came back and they spent. >> what...
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. >>> saers is closing 160 stores across the country, that including the kmart bran.said it's closing 11 stores. the company's head count will 5,000 employees. it comes despite what were good holiday sales. >>> ahead, susan page of "usa today" looket at "fire and fury" and how steve bannon is not disputing the things he reportedly said about president trump. high blood pressure and cholesterol. but they might not be enough to protect my heart. adding bayer aspirin can further reduce e risk of another heart attack.ance mat. be sure to talk to your doctor before you begin an aspirin regimen. there'that only uses 100% american oranges.and simply orange and tropica ship in juice from overseas. only florida's natural grows all of our oranges in florida. great taste. naturally. and lose weight with contrave. it's fda-approved to help adults who are overweight or struggle with obesity lose weight and keep it off. contrave is believed to work on two areas of the brain: your hunger center... i'm so hungry. (avo) and your reward system... ice cream. french fries. (avo) to help
. >>> saers is closing 160 stores across the country, that including the kmart bran.said it's closing 11 stores. the company's head count will 5,000 employees. it comes despite what were good holiday sales. >>> ahead, susan page of "usa today" looket at "fire and fury" and how steve bannon is not disputing the things he reportedly said about president trump. high blood pressure and cholesterol. but they might not be enough to protect my heart. adding bayer...
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Jan 5, 2018
01/18
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KRON
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that includes 64 kmart stores and 39 sears stores. they will be closed between early march and early april. in the bay area.. the sears stores in san jose and san rafael will close. liquidation sales will begin as soon as next friday at the stores. the move comes in addition to closing about 250 stores announced last year. sears has been selling off some its real estate and brands as it tries to raise cash. (anchor) time now to check on our weather... with chief meteorologist lawrence karnow. lawrence karnow: light showers continued today across the bay area today with cool now. keep the umbrella close, there's another storm just off the coast that will bring more rain very soon. you can see on doppler radar a few scattered, light showers. if you're going out tonight we will still see a few scattered showers so be prepared. on the satellite you can see the storm pushing through and the next one just off the coast. clouds will be on the increase tonight with rain starting late in the north and then spreading south throughout the day. i
that includes 64 kmart stores and 39 sears stores. they will be closed between early march and early april. in the bay area.. the sears stores in san jose and san rafael will close. liquidation sales will begin as soon as next friday at the stores. the move comes in addition to closing about 250 stores announced last year. sears has been selling off some its real estate and brands as it tries to raise cash. (anchor) time now to check on our weather... with chief meteorologist lawrence karnow....
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Jan 1, 2018
01/18
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sears holdings with kmart made a decision not to run tv commercials for the retailers.ing because the store generates sales from in-store foot traffic. they decided to switch to digital market instead. >>> words that should be banned from the english language include fake news. the school released it's the 40 -- its annual list of words banned from the queens english from misuse, overuse or uselessness. words include nothing burger and gig economy. a list of words and phrases that people love to hate, the list was first published in 1976 on january 1. >>> a busy year in the entertainment world with scandal dominating the headlines for months. >> reporter: the biggest entertainment story of 2017 is far from over. starting in october with sexual allegations against media mogul harvey weinstein when several actresses accused him of inappropriate behavior. that started a landslide of others to come forward with kevin spacey, russell simmons, jeffrey tambor, jeffrey pippin and matt lauer. >> moonlight, you won best picture. >> reporter: of the oscars, there was a blunder whe
sears holdings with kmart made a decision not to run tv commercials for the retailers.ing because the store generates sales from in-store foot traffic. they decided to switch to digital market instead. >>> words that should be banned from the english language include fake news. the school released it's the 40 -- its annual list of words banned from the queens english from misuse, overuse or uselessness. words include nothing burger and gig economy. a list of words and phrases that...
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Jan 2, 2018
01/18
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been in retreat as a retailer, as an advertiser, as a national brand or two brands with sears and kmart for a very long time so they have to prioritize they've tried to pivot toward this membership model and all the rest of it i think it's most about sears' distress, inability to drive traffic. >> does that mean tv advertising has been a luxury good >> something like that about mass awareness and those national brand campaigns to some degree i think it's an interesting paradox when the ad dollars are growing on the nfl even though the number of eyeballs is going down. >> i wonder if that's sustainable. >> it's sustainable in a sense there's simply no other place you can even get 15 million eyeballs a week. none not in one area. >> maybe an episode of "game of thrones. >> it's declining in line with all of tv. nascar is down 20%. >> i'm aware >>> next, big four accounting firm found negligent in a bank failure during the financial crisis it's not quite what you think. it's not about lehman or bear stearns. this is about the colonial bank which collapsed after its major customer, taylor b
been in retreat as a retailer, as an advertiser, as a national brand or two brands with sears and kmart for a very long time so they have to prioritize they've tried to pivot toward this membership model and all the rest of it i think it's most about sears' distress, inability to drive traffic. >> does that mean tv advertising has been a luxury good >> something like that about mass awareness and those national brand campaigns to some degree i think it's an interesting paradox when...
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Jan 4, 2018
01/18
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ste sears is announcing it will be closing 100 more stores between march and april. 64 of them kmartres, 39 sears stores this is on top of the 350 stores that sears closed last year in 2017 the company saying we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and digital capabilities match the needs and preferences of our members that's the way they refer to their shoppers as they try to move into a membership model kelly and bill, back over to you. >> you know, kelly and i have been talking about this all holiday season, i equated it to, like, football season and when the season ends -- >> yes. >> -- the next day you hear about all the firings of coaches of the losing teams. and we knew that following the holiday shopping season, you were going to get these announcements. neiman marcus gets a new ceo, macy's closing stores and now sears doing the same. >> yeah, again, sears has been closing stores over time, so this is not a huge surprise, and macy's told us in august of 2016 that they were going to be closing 1
ste sears is announcing it will be closing 100 more stores between march and april. 64 of them kmartres, 39 sears stores this is on top of the 350 stores that sears closed last year in 2017 the company saying we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and digital capabilities match the needs and preferences of our members that's the way they refer to their shoppers as they try to move into a membership model kelly...
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most of them kmarts. ten years ago, sears had 3,000 locations in america. 5,000 jobs, close seven more stores. this despite a relatively strong holiday season. the stock, macy's, down again. now this. the justice department opening a new investigation into the clinton foundation. they are looking into alleged pay-to-play politics while hillary was secretary of state. lawrence jones is with us, he's "the blaze" host, and he joins us from dallas, texas. >> happy new year, stuart. stuart: and the you too, young man. i jumped all over you there. [laughter] i could never understand how a leading politician who was about to become america's top diplomat and maybe the president of the united states was allowed to create a $2 billion fund. how did this start in the first place, you know? i don't get it. >> well, it looks like they were doing a lot of things under the table, stuart. because remember, when obama first took office, they were concerned about this foundation, and she was supposed to report a lot of this directly to the administration. and apparently, th
most of them kmarts. ten years ago, sears had 3,000 locations in america. 5,000 jobs, close seven more stores. this despite a relatively strong holiday season. the stock, macy's, down again. now this. the justice department opening a new investigation into the clinton foundation. they are looking into alleged pay-to-play politics while hillary was secretary of state. lawrence jones is with us, he's "the blaze" host, and he joins us from dallas, texas. >> happy new year, stuart....
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Jan 5, 2018
01/18
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el grupo de grandes almacenesbajara la persiana de 64 establecimientos de kmart, y algunos de sears entreyna montoya comentÓ sobre su organización. reportera: reyna montoro llegÓ o estados unidos indocumentada con 13 aÑos. su familia huÍa de la violencia en tijuana. arizona se convirtiÓ su hogar. reyna: tres sin documentada, pude aplicar por daca en 2012. me comencÉ involucrar en el movimiento. reportera: comenzÓ entonces a luchar por dreamers, ello, pero tambiÉn por personas como su padre, quien tuvo un proceso de deportaciÓn. entonces fundÓ una organizaciÓn. reyna: fue creado e inspirado con mi propia vida, de imaginarme si podÍamos tener un lugar para pelear por las injusticias polÍticas o para cambiar las pÓlizas para ayudar a los inmigrantes. reportera: en twitter trump asegurÓ que los inmigrantes podrÍan querer lo Él y a los republicanos, algo que a ella lo tomÓ por sorpresa. estos jÓvenes no cesan en su lucha. reyna: estuvimos un mes en washington hablando con congresistas y senadores. tuvimos mÁs de 83 personas de 13 estados. reportera: la pasiÓn y lucha de reyna fueron reconocido
el grupo de grandes almacenesbajara la persiana de 64 establecimientos de kmart, y algunos de sears entreyna montoya comentÓ sobre su organización. reportera: reyna montoro llegÓ o estados unidos indocumentada con 13 aÑos. su familia huÍa de la violencia en tijuana. arizona se convirtiÓ su hogar. reyna: tres sin documentada, pude aplicar por daca en 2012. me comencÉ involucrar en el movimiento. reportera: comenzÓ entonces a luchar por dreamers, ello, pero tambiÉn por personas como su...
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Jan 5, 2018
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elkirkwood high hooper aves w will shut down month.s w close the kmart at ara we. >>> ahead,oue'relenhaacoffee hour ago.fy to being frozen. that's >>> "jeopardy's" host that has the auts to stay free from artificial ingredients. ay weary. ur areweekend. extreme colnly t is "0 ru it's why we've the jurow. andthe coldp auntithent. winds gusting els-li hepeolnto ahetaying 30 in lleryb hy is eselow in allentown weburbphilad lh valley and i'll give you a peek at thed a lore oam in a sure. crash philadelphia, just around 8th athevine bott on theto n jerse the no lanes stil it's really not tmajor. there is crash on -- on the northbound side nor 7a. >> thank you. >>> as the cr there's still snow piledhe jersey sh waiting to cleared. the colder it gets the harder it.ok liveing up to that acoter:re atures. my it's about 15 degrees where we are now.fts left behind. over here 20esid ercos ur van. wleent him a shovel. want thow you this car in a thlema spoke with ed it ye again today? >> yeah. already shoveled the then overnight the ot harder to shovel. lot hthat when you start shoveling that it make
elkirkwood high hooper aves w will shut down month.s w close the kmart at ara we. >>> ahead,oue'relenhaacoffee hour ago.fy to being frozen. that's >>> "jeopardy's" host that has the auts to stay free from artificial ingredients. ay weary. ur areweekend. extreme colnly t is "0 ru it's why we've the jurow. andthe coldp auntithent. winds gusting els-li hepeolnto ahetaying 30 in lleryb hy is eselow in allentown weburbphilad lh valley and i'll give you a peek at thed...