at the time they came in they were owned by liz claiborne. thirdly one proposal includes expanded use categories. expanding the application of formula retail controls to other types of land uses could affect a significant number of businesses considering new locations in san francisco. and make it more challenging to fill vacant storefronts in some districts. as the retail industry becomes increasingly consolidated, non-retail play an increasingly important role in filling those spaces. so lastly i want to talk about some potential issues you might want to consider. people wanted us to find what was the appropriate concentration to have in a neighborhood commercial district, but it varies so much depending on conditions and what that community prefers and that is the whole intention of the neighborhood commercial district is to reflect the unique character of that district. so you can see this is a zoomed in view of the concentration and you can see how much variance that is and how every community reacts differently to formula retail. given

john's bay, worthington, and also with their exclusivity with liz claiborne, they own the brand now.now that they are improving the assortments, they have the right sizes, the consumer has come back because both the brands that resume. if you look at the composition of their sales, about 50% is private brand and/or exclusivity. that is what is driving the traffic back. but remember, we are also going against some very easy comparisons. and the first with the comps of 6.2%, that is against two-year stacked the kleins totaling about 36.5%, and for the balance of the year the comparisons would be easy because we are going against two years stacked declines of over 30%. >> a great perspective on jcpenney. the turnaround is underway. the stock, however, overvalued. bullish.ome back -- we will talk about some big names that are still betting on the embattled company. >> and some new ones. ♪ >> we have been learning this week about what some of the biggest names in finance of buying so far this year. hedge funds have to disclose their positions each quarter. so we now know what they bought