yes, i think buying mark laurie was one of the smartest things that doug mcmillan has done.s had quite a run since he took over the reins. >> quickly, gap and best buy today. are they up against it >> i'm a best buy fan. i'm not a gap fan. i think gap itself, the gap name is really struggling they're doing better at old navy, but they're not strong at banana republic. i don't see what they're going to do to get that fixed. best buy, i have in the last man standing category. they have won their space as much as you can win electronics. they're going to be there a long time they reconfigured the stores, leased out space they have done all the things you have to do it's still a tough space if you want to be in that space, best buy will win in the category >> thank you very much for joining me >>> still ahead on "worldwide exchange," we'll actually get some comments from james gorman, and later, the nfl accusing jerry jones of hurting the league we'll have the latest on the big money sports dma wrahen we come back >>> welcome back james gorman sitting down with cnbc to talk ever

and i think that mark laurie, there's no question he is talking up the game from the e-commerce perspective, trying to get almost, you know, an internet type bid. >> because they're compared with amazon, when you talk about valuation, aren't those -- >> i think the problem the people are missing is cost the cost to get to that next level is to get to scale their cost to get there is -- >> they've got 4600 stores across the united states >> maybe you weren't paying attention last night >> probably not. >> amazon to go for retail sales at very low margins. walmart has $500 billion in expected sales this year, almost all of it is in retail, very low margins. amazon obviously has had -- [ simultaneous speaking >> so walmart can compete with anybody on margins but the bottom line is it's a losing game there's so much competition and too much floor space >> target over walmart >>> ahead, roku taking investors for a wild ride, the stock still up more than 100% in the past week and massing a major milestone. i'm melissa lee, you're watching "fast money" on cnbc, first in business worldorldwide mean

>> i think wal-mart has done a remarkable job mark laurie coming in.going on in that organization. think about it not just in the stock. the stock was what, dead at 70 or so, and now it's at 90. i look at it as being a company though shows it's not about that a big company can transform itself whether or not it does so in terms of all of showing the brick and mortar sales, look at what they've done. you've used some examples. they also have technology in terms of how you can pick up they're showing a big company can change themselves. they're going to be a viable competitor to am zbloj >> how important was the jet.com acquisiti acquisition. when it happened, if you recall, people thought it was crazy town >> $3 billion was a crazy price to pay for that. that's what everyone thought what they didn't understand was that it was about cultural transformation so much of these companies -- you have old line leaders who ran brick and mortar companies, who think differently than some of the internet companies, and what you needed is somebody like a mark laurie

mark. >> hoping i don't hit anything. >> you can find more info on these toys and lots of others on laurie's website or on wnnfans.com.ck. you're watching "world news now." ♪ i was wondering if an electric toothbrush really cleans better than a manual. and my hygienist says it does but they're not all the same. who knew? i had no idea. so she said, look for one that's shaped like a dental tool with a round brush head. go pro with oral-b. oral-b's rounded brush head surrounds each tooth to gently remove more plaque. and unlike sonicare, oral-b is the only electric toothbrush brand accepted by the american dental association for its effectiveness and safety. my mouth feels so clean. i'll only use an oral-b. oral-b. brush like a pro. whfight back fastts, with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums ♪ tired of wrestling with seemingly impossible cleaning tasks? using sprays in the bathroom can be ineffective. try mr. clean magic eraser. simply add water, to remove soap scum and grime. try mr. clean m

mark. now when the senate there will be an expected 20 hours of debate and then the tax cut vote could commas early as tomorrow. the dow jones again ending closing in on 24,000. our own laurie rossman on the floor of the new york stock exchange with the latest. laurie? >> close but not quite there today. we had a lot of things going on today a lot of moving parts very classic rotation, the best performing names especially in technology well they sold off, nasdac was down but the blue chip companies that stand to benefit from corporate tax reform many of them listed on the dow did very well today and i'll show you those numbers looking at the dow that did gain over a hundred points so building on yesterday's rally of over 1% the dow is as you pointed out the record today and very close to that 24,000 milestone. really good economic news, supporting the market today, gross domestic product the latest showing the fastest expansion rate for our economy in three years. what's even more interesting about this latest report is that it shows the economy is running at full production. that means all the people are working are so efficient that they are creating the maximum amount of