in her own michael kors number. chrissy teigen gorgeous.a fey she is taking a fashion risk. >> lapointe. i've never worn anything like that. >> but the tonys red carpet really all about the blue. >> who are you wearing this evening? >> christian siriano. >> josh gad. >> cynthia nixon asking for a dress by rosie. >> amanda would never wear anything like this. it is completely charlotte. i went all charlotte. ♪ >> kevin spacey killing it as host. >> i love the theater. i love celebrating. >> telling us how he prepared for broadway's biggest day. >> i try to see every show on broadway. >> sense of humor poking fun of rumors about him coming out of the closet. ♪ i'm coming out -- no. wait. no. >> and this show-stopping moment. note to show producers, don't tryo musical with bette midler. >> shut that crap off. >> chrissy and her husband john legend packing on the pda backstage after his big tony win on stage. for everything you didn't see and all the gorgeous gowns, a full gallery at extratv.com. >>> up next, new pics. the first shots of christ

right now there are 960 michael kors stores around the world. the list of stores impacted has not been released yesterday. >>> amazon will start to issue refunds for unauthorized purchases on fire tablets. it is part of a settlement with the federal trade commission. it was too easy for kids to make purchases in apps. eligible consumers will receive e-mails informing them of the e- mails. >>> amazon has been developing a concept to deliver packages by zone. yesterday amazon was granted a patent for a shipping label that includes a built-in parachute. it would be able to make sure that the packages are not damaged when they land from the drone. it is not legal yet in the u.s. but amazon has already made the first drone delivery in britain and plans to expand soon. >>> it is graduation season. that means it is time to find that special gift to help the new high school and college graduates with the next phases of their lives. the national retail federation says consumers will spend more than 5 and a half billion dollars on graduates this year. and

. >> do you ever shop at michael kors?their purses, everyone lovers their purses. >> here is the problem. they're closing over 100 stores. isn't there one on walnut? walnut, wouldn't fer that one is closing, we'll check it out after the break. >> ♪ >> ♪ we just got the keys to our new house! we got the keys! ahhh! wooo! this is exciting we've got our own house! yeah! i'm sorry do you like it here maddie? i love you. i love you too. donald tmeet phil murphy,by former goldman sachs bankers. another wall street banker running for governor, whose firm helped trigger the financial meltdown that put millions out of work and out of their homes. murphy's trying to buy the election, paying off new jersey bosses. my name's john wisniewski, and i'm running for governor of new jersey. john wisniewski, the son of a millwright, who uncovered the bridgegate scandal and exposed chris christie's corruption. the choice -- insider wall street politics or main street, new jersey, values. there's work to be done. it's not going to be easy but

the next two years and michael kors says the closure will help to save $60 million in annual cost andetailer has 13 locations in and around the bay area and we are waiting to find out which stores will be closing. >>> the olive oil prices continue to soar and the prices have already jumped by 30% at the grocery store and this comes as the entire mediterranean region is in a four year drought. and even if the drought ends next year it would still be a shortage due to the increasing worldwide demand meeting that the specialty olive oil from the sonoma valley also fetching a higher price. >>> you are americans go out to eat while at work and according to the mvp group, americans made 400 million fewer trips to sit down a restaurants for lunch. the casual sitdown restaurant hit the hardest with workers ordering in or bringing their lunch. experts say that many office workers don't even take a lunch break anymore. >>> the public university colleges and universities showing a wide variation in the cost of living on campus, uc berkeley is over $17,000 a year followed by uc merced at $16,000,

mary lou: what about michael kors? woman #8: but michael kors is a purse versus a swimsuit.ou get what i'm -- do you see where i'm going towards? stephanie: you buy spanx 'cause it's made by a woman for a woman, right, because she understands. -woman #1: exactly. lemonis: look, the focus group didn't hate everything they saw. what they do like is the fit of the suit, the fabric, and the coverage it gives. but they thought the designs fell flat, and they didn't love the name. i need something that's gonna wow people, something that the buyers, both retail and wholesale, will say, "i've never seen this before. how do i get it on my shelf?" thank you, ladies, very much. mary ellen: thank you so much. ♪ lemonis: how are you? we are here to see lisa and kate. they're expecting us. i had one more stop for the family while we were in los angeles. i wanted to take them to nydj, a very large manufacturer of women's apparel. they specialize in plus sizes. in order for the handys to understand how to move their business forward, i want to introduce them to a company who has had real su

. >>> luxury clothing retailer michael kors is closing stores as the sales slump.y plan to close 100 of their locations. the store closures would help save $60 million a year in costs. the retailer has 13 locations in and around the bay area. we're still waiting to find out which one of those stores will close. >>> payless shoes is asking a bankruptcy court to close another 400 stores in addition to the 400 stores already on the chopping block as a part of the company's initial bankruptcy filing last month. payless says their efforts to negotiate lower store rents have not been completely successful for bay area stores for designated clothes in april. >>> current can prices continue to store for olive oil and the entire mediterranean region is pushing olive oil prices higher and they jumped by about 30%. even if they end next year, they are expecting the shortage to continue due to high demand. >>> a new study shows fewer americans are buying lunch at restaurants. according to the mvp group the number of people who had a sit- down lunch dropped by more than 40 mill

michael kor plans to shutter stores over the next two years as it focuses on achieving profitability. >>> shares of molecular diagnostics company exact sciences surged after news last night that united health care will cover the cost of their screening kit. it said patients between 50 and 75 will be allowed to use the test once every three years. shares popped 11% to $36.47. >>> after the bell, cybersecurity company palo alto networks reported revenue that grew thanks to more customers. those results came in ahead of expectations. the company also saw profit come in above estimates and it gave strong guidance for the quarter. shares initially surged after hours and also ended the regular session up 1% to $118.59. >>> the federal aviation administration accused united airlines of flying a plane it says wasn't air worthy. the faa is proposing to fine united nearly half a million dollars for failing to inspect a newly installed fuel pump switch back in 2014, and then allowing the plane to make 23 flights before inspection. united says it's working closely with the faa. shares were up a f

round of stores announcing they are closing the doors include radio shack and fashion designer michael korsso is this a sign that retail is dead or just in a funk? i went to find out. it's the $5 trillion industry that's become an american obsessi obsession, shopping. but at malls and brick and mortar stores across america, the parking lots are empty. once bustling with traffic, now ghost towns. so where are the shopping dollars going? today i'm in my home state of new jersey, checking out how retail across america is changing. the headlines scream retail apocalypse. >> we expect more pain ahead for retail. >> it's not as if we didn't talk about the decline of the mall. >> investors waking up to a retail wreck. >> retail is dead makes for a great dramatic headline. >> it does. >> is it true? >> i don't think it's dead. >> retailers really need to think outside the box on how they want to appeal to consumers to get them back into the malls so they'll buy. >> what's driving them away? you guessed it, the e-commerce boom. >> do i not need to have the mall experience where i'm going through rac

michael kors sales fell in the most recent quarter...and the outlook for the rest of the year is worse than expected. the company currently has more than 800 stores. another retail chain is also closing several of its stores. . . payless shoesource announced a second set of closings today.the footwear company has nearly 45-hundred locations worldwide.it filed for chapter 11 bankruptcy in april and announced it was closing about 400-locations. the second round of closures brings the total number to about 800.business analysts say payless is among the companies affected by on-line purchasing. (glo)a new report in the journal 'pediatrics' finds that teens and women are waiting longer to become mothers.the teen birth rate dropped 9-percent from 2013 to 2014. . . .and is down 61- percent since 1991.the data also shows women in their 20's and 30's are waiting longer to have babies.in 2014. . .the birth rate for women ages 35 to 39 rose 3-percent.it also went up 2-percent for women 40-to-44 in that same year. (vicki) still ahead, we are just on

. >> caller: hi, bubba, i'd like to know what it is on michael kors i think the combination of coachis a total winner and makes me think kors is a total loser. to tarn in new jersey. >> caller: hi, this is tarn in new jersey, how are you? >> great how are you? >> caller: great thank you for taking my call i had a question on cloudera >> i have to tell you, i didn't think the quarter wasn't that bad. a lot of people were stunned at the guidance i thought they were being conservative and already at a 52-week low. i'm tempted. a lot of negative involved reminds me of '12 and '13 we stuck our hand in the oven and we made a souffle. to chuck >> caller: hello, cramer, i have it on authority this company will have much stronger margins when they report out tuesday but over the last two weeks they rallied a bit. what do you think about fedex call options >> i like it but i, too, am worried. i thought we're going right into the quarter and won't quit i like your strategy rob in connecticut rob. rob? >> caller: hey, jim, how's it going? >> going well. hour about you >> caller: doing really wel

yesterday michael core -- michael kors said it will close 125 of its stores another mall- based storeske sears, macy's, abercrombie and finch have announced closures are this year. >>> bay area travelers were soon have a new nonstop flight to europe, norwegian is launching a nonstop from rome to oakland and the flights are set to begin in february next year. norwegian said there will be two weekly flights and the fares will start at $229 when we. the flights -- $229 when we -- one-way. >>> the world's biggest plane was unveiled in the mojave desert, the stratolaunch aircraft was disclosed today, and those people look like little ants. it weighs 500,000 pounds with a wingspan of 380 feet and designed to launch rockets into space. the microsoft cofounder is behind the project that is been in the works for six years, and the first demonstration flight is set for 2019. >> i want to go. send me up there. >> you need a big garage for that.>>> let's check in with garcia -- gasia, and find out what's going on next. >>> we have new developments, after 2 investigates report uncovers the sexual a

. >> the close don't ends with michael kors, also pay less stores shutting down, announcing second setgs yesterday. bringing the toll al number to about 800. it has nearly 4500 locations worlds wide. pay less, you will remember, filed for chapter 11 bankruptcy in april, and announced it was closing about 400 locations. business analysts say pay less is among the companies affected by on line shopping. >>> well, talk about this, how about a team player big time. >> coming up at 5:30, hear how cast on went answered the call of some high school student looking to lighten their workload. let's just say it paid off. apparently, people think i'm too perky. so now i'm not being perky, telling you that drivers that switch to progressive save an average of $548! whoo! i mean, whoo. >> developing right now, a city councilman has been stabbed, david oh, in a attempt robbery, just feet from his doorstep. we have the hunt right now for that attacker. >> also, breaking overnight, the search for shooter after two people, including a teenager, are killed in a triple shooting. >>> and, summer fest, it

lemonis: lynne hiriak, who's worked with great designers such as michael kors and derek lam, is gonnaork directly with noemi to help courage. b establish a real retail-brand identity. now that we've ensured that our designs are gonna be taken care of by an experienced designer, it's now time to fix the quality. woman: hi. how are you? lemonis: going forward, we will only be sourcing the finest fabrics for our collection. feel this. noemi: oh, my god. lemonis: this fabric is a higher-grade fabric than we have today. noemi: yes. lemonis: we charge $99 today for a product that, labor and material, costs us about $11. noemi: mm-hmm. lemonis: if we go to $22 or even $25 -- lemonis: in order to increase the margins in this business, we have to increase the quality of the product. today, the duster is made for $11 and sold for $99. i believe that if we dramatically change the fabric and the stitching, all the fit and finish that goes along with it, we'll be able to charge $145. the new cost will probably be around $25. that gives us a net gain of $32. we're gonna be instilling this philosoph

michael kors is hosting a free slime event.tea vana store tomorrow and get a free beach bellini iced tea from open to 2:00 p.m. if you've been thinking of expanding your family from now through sunday, you can bring home a furry friend for free. act philly says it is at capacity so it's waiving adoption fees. they really, really want these guys and gals to to find good homes. this is going on through sunday. if you are adopting a dog in philadelphia you might have to pay a $16 licensing fee. if you choose a cat bring your own carrier or you will have to pay five dollars to take your little friend home. we have details right now on 6abc.com. >> good stuff alicia thank you. >>> finally here at 4 o'clock today an australian puppy who flunked out of the police dog academy has a fancy new job. this is gavel. in april of last year a tiny german shepherd was recruited. it wasn't meant to be. turns out gavel was just too nice for the force. more interested in snuggling than sniffing out criminals. fortunate that polite puppy seems to h

beats by dre and michael kors are two of them. >> how much are they spending in ads?investments are growing across the board. >> now is your user growth of that stories format coming at the expense of snapchat? >> our user growth for stories is actually coming at the explosive growth for instagram overall. instagram is now at 700 million people globally. so we feel it's a privilege to earn people's time and attention in both platforms are doing that >> now facebook has in the past acknowledged very publicly that this stories format was pioneered, invented by snapchat. how do you address the criticism they're just copying a format that snapchat invented >> you think about feed, facebook invented feed, sta instagram utilized feed. we think stories is also another format that not only consumers but advertisers use. you're going to see stories in a lot of different platforms. >> so you are going to copy everything that snapchat does? >> we're very thrilled that innovation that instagram is doing and the explosive growth they h 250 million people using stories is larger th

macy's has closed soars, michael kors, jcpenney just to name a new as they battle the retail ice age.nvesting, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest best buy wants to make sure you >> the epicenter of free speech was always college campuses. the very same place that advocated, fought and a couple of people actually died at kent state for free speech now are shutting down everybody who disagrees with them. stuart: that was a clip from the new documentary no safe spaces, one of the people behind that movie is adam corolla. he's going to join us in just one moment. peter kiernan, i saw a picture there of what i thought was berkeley, 1963, the free speech movement. march owe -- mario savio. you and i are of a similar vintage. >> yes, we are. stuart: i remember him as the great free speech leader. he's the late mario savio, i think he'd be turning over in his gr

a tough week last week, more than a thousand stores closed for good. 100 plus, michael kors, 1,000 for. keith, more to come, do you think? >> absolutely more to come. this is accelerating, i think it's an extinction level event and there's not a single retail stock out there right now i would care to buy. stuart: wait, wait, what did you call it an extinction event? what was your expression there? >> a retail extinction level event. stuart: no, shopping is never going to go away. we'll always like to choose from bricks and mortar stores. liz: do you say men shop? >> there's an investment, stuart, and there's a big difference. stuart: yes, i'm saying men like to shop. liz: i thought they only liked to buy. stuart: i want to choose this hammer in black and this hammer in not black. liz: you finally admit it. keith and james, thank you, liz you may stay. [laughter] >> 21,172, the big board, a bit of a selloff there. 32 points down. up next, we have a guest who says, all of president trump's political troubles will not derail the growth agenda. he says the turmoil in d.c. could actually he