neiman marcus owns a lot of stores.of anchor stores, especially texas, san antonio, other places in dallas. they're looking to possibly off-load those an generate revenue for neiman marcus. it hasn't since the acquisition in 2013, they haven't really recovered from their ebitda. they have been five billion dollars in debt. liz: i was just going to say, amazon is being blamed for killing a lot of brick-and-mortar stores. almost sounds like hudson's bay has the ability to have a great online presence. i love how you called neiman marcus ancient because hudson's bay has been around since the 18th century. they were trading their blankets for beaver pelts. that is unbelievable. what does it say that a canadian retailer is able to heat things up and purchase big u.s. luxury chains? in the end is this a downward death spiral for u.s. brick-and-mortar retailers? >> i tried to be a little bit more optimistic than a downward death spiral but it toys your point it is true. we saw macy's off-load a bunch of stores as we're seeing

it cost $10,600 and neiman marcus did not sell any. part of the problem is that the program it, in this case the housewife, would have to know a numbering system and would have to be able to read in this code and also programmed the computer using these switches in that code. almost an impossible task for most people. generally you would attach a kind of keyboard to this to make it work. we have it here in this gallery to show that even though it was not practical, it shows the beginning of people thinking about putting computers in the home. we are sitting in front of a xerox alto which came out in 1972 and was revolutionary. it had a system that used a desktop metaphor of pulldown menus, it had ethernet, laserjet printing, email, and spreadsheets and word processing in 1972. steve jobs saw this machine and was inspired to create the lisa at apple, which became the macintosh. the things that we take for granted, the desktop metaphor, garbage can, pulldown menus, icons on the mac and windows, all came from the xerox alto. there is a fu

>> in the case of neiman marcus, it's one of the greatest brands in the world. is a was bought out by three funds. the first is owned by the smith family. not gave it -- we are interested in what you do today or tomorrow. beenast two players have more typical and private equity. you have to be long-term thinking. you have to be a long-term investment. you don't know when the fashion trends are going to change. it's been really no hard fashion. it is very difficult to capitalize on that. think many of the stores have a good job of identifying the needs. we just haven't made the excitement right for them at this point in time. they a good fit for neiman marcus? >> i think hudson bay is an interesting company. but from the point i have seen them, it is basically a real estate play. retail has to have is someone who really loves the retail business, loves dealing with the sales associates. they spend their time thinking about using their staff. if you are interested in doing two to five years, they want a rate of return. quite frankly, when they bought the company,

. >> reporter: neiman marcus says it is only luxury retailer using such technology >> you can do 360. seen success with the fashion mirrors that takes 360-degree videos of the shoppers and allows them to compare options side by side. shoppers can dot same with sunglasses, neiman marcus is embracing the technology at a time when it is seeing a decline in sales, thanks to more internet competition. >> we're always looking for ways to differentiate from our competition, and another reason for a customer to come into our store. >> reporter: neiman marcus has rolled out this new technology at dozens of stores nationwide no word when it is expected to arrive at king of prussia location. reporting for three on your side, i'm jim donovan. >>> that is interesting, justin. probably a good day to get out to a outdoor shopping mall at least earlier in the day. >> earlier in the day and all day i think it will be good for the most part, mild, tomorrow different story, march a tough month, forecast you will never know what you will get. check out past few years here we will go back to 2015, we were

neiman marcus did not sell any. had to figure out a numbering system and had to be able to read the lamps in the code. they then had to program the switches and that code. it was almost an impossible tax -- task. we have it here in this gallery to show even though it was not practical, it shows the beginning of people thinking about computers in the home. we are standing in front of the this came out in 1972 it was a revolutionary machine. metaphor withktop pulldown menus. it had rented, email and spreadsheets and word processing. this was in 1972 steve jobs saw this machine and was inspired to create the macintosh from it. the things that we take for can,ed about the garbage pulldown menus, that came from a xerox. there is a funny story about the computer wars, steve jobs complained to bill gates that the idea was stolen from apple. bill gates said we both stole it from xerox, that shows the depth that this generated. it continues to affect us all today and the computers we use o. we are in the personal computer ga

shoppers can do the same with sunglasses, neiman marcus is embracing the technology at a time when it is seeing decline in sales thanks to more internet competition. >> we're always looking for ways, to differentiate from our competition, and another reason for customer to come in the store. >> reporter: neiman marcus rolled out new technology of dozens of stores nationwide, no word when it is expect to arrive at their king of prussia location. reporting for three on your side, i'm jim donovan. >>> intense flooding continues to wreak havoc, and, peru, as a two story home. >> people watched in despair as building collapsed in to the waters nearby. the national emergency operations center says intense rainfall is called a nino cost ero a weather phenomenon caused in a rise in sea temperatures. >>> scary scene from a highway in tennessee where a tractor trailer was blown on to a car during a severe storm, you see back of the truck, slowly start to crush the suv. nearby drivers urged the driver of the suv to get out through passenger side, and no word on if anyone was hurt there but it ce

neiman marcus is reportedly shopping for a buyer.major consolidation for retail back in a minute. ...as a combination of see products.. and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™. liberty mutual insurance. maria: welcome back. the retail industry on sale. neiman marcus in deal talks with hudson bay. judy is right now is th

there is now speculation at hudson's bay will look to buy neiman marcus.o you see a way to hudson's buying the company without taking on the debt? richard baker is a creative guy and he may very well be able to find a way of taking it without the debt. i think it will be difficult but it can be done. it really depends upon the credit agreements that neiman marcus's debtholders half and whether or not they could take part on the dollar lesson 100%. whether or not he could separate it. time will tell and we will see whether he is the only bidder. but i think you have a difficult situation because the company is not worth anywhere near what was bought for by aries. the debt is very large. $4.9 billion level. the business is probably earning about $450 million a year. apply a multiple to whatever you want to use come up most of the industry is probably trading in the six thomas seven times multiples. it will be hard to support the debt. i'm sure he is good to have to do it without assuming the debt. marcus: one thing neiman does not have on its side is a lot o

this computer cost $10,600, and neiman marcus did not tell any -- sell any. to program it, the user, in case -- in this case, the house by -- wife, would have to be able to read this code and program the computer by using these switches -- almost an impossible task for most people. in the gallery to show that even though it was not practical, it shows the beginning of people thinking about putting computers in the home. we are sitting in front of a xerox alto. it was a revolutionary machine. used a desktop metaphor with pulldown menus, had ethernet, laserjet printing, email, and reggie -- spreadsheets, and word processing. this was in 1972. steve jobs was inspired to create the lisa at apple, which then became the macintosh. the things we take for granted, the desktop computer, the little garbage can on mac and windows, all came from the xerox alto. story in the history of computing, where steve jobs complained that bill idea for stolen the the computer from apple, and bill gates said that is not true, we both the lid from xerox. -- stole it from xerox. this

the pictures came from neiman marcus at stanford shopping center, where things did not turn out exactly how the supect wanted. zuno. the credit card was denied. 1:17 terisa estacio, reporting, san mateo county. and it is not the first time, this has happened, zuno. detectives have traced her to a case out of georgia. same look 143 ali cooper, portola resident. no. i have never seen her. residents say the case is certainly concerning. cooper. it's a very quiet, trusting community, maybe that is why she picked it. as the investigation continues, authorities are issuing a warning. zuno, make sure you keep your purses close and closed. and if you recognize this woman, call them, immediately, te (vicki) police in the east bay are still looking for a woman... they say purposely backed into a family in a walmart parking lot. it happened at the union city walmart on sunday. police say the woman had just left the store agitated after trying to unsuccessfully return some batteries. no one was seriously injured. but a three-year-old was treated for some minor scrapes. (grant) a children's film edu

neiman marcus put itself up for sale., they're interested in neiman marcus. there you have it, consolidation in two industry, peter. >> more to come. watch the oil price. last time depression in oil patch in the '90s. big mergers in oil. >> you predict boast malls? liz: you feel like you're the last person alive when you stand in the ghost malls. >> that bad? our time is up. charles payne is standing by ready to take it away. sir, it is yours. charles: hello, everyone, i'm charles payne in for neil cauto. we're watching number of flight cancellations thousands without power and we'll have more on that coming up. but first, to the firestorm in washington over the cbo report on the gop health care bill. blake burman is at the white house with the latest. blake? reporter: hi, there, charles. speaking storm you saw our camera get knocked by. we're getting a little bit here. this is something for republicans and democrats to hammer home. we're talking about pr

. >>> well, that lavish holiday catalog cannot help turn things around and neiman marcus. the luxury retailer is struggling as more people shop online. now neiman marcus is in talks to sell itself to the hudson bay company. $5 billion of debt. hudson bay also owns saks fifth avenue and lord and taylor. >>> american airlines will soon add free meals, but only on two cross country flights. l.a. to new york and san francisco to new york. you'll receive a continental breakfast or a boxed meal with a sandwich wrap and a surprise dessert. the menu also has a fruit and cheese plate and hopefully a whole lot of wine and a vegetarian option too for picky eaters. >>> 11 million americans are likely to see a substantial improvement in their credit scores as of the 1st of july because the three major credit reporting agencies are going to remove the state and federal tax liens from the credit reports because of a settlement with lawmakers in 30 states. instead of waiting for these entries to age off of your credit report, it's going to happen immediately. that could help the economy.

the canadian company hudson's bay has reportedly expressed interest in buying neiman marcus. hudson's bay also said to be considering a merger with macy. >> bling and you miss this one. watch your screen. first, you see someone holding hands with a little girl, and then a chase through south philadelphia. stay with us. you said you wanted to feel better about your cereal. general mills big g cereals hear you. that's why we say "yes" to whole grains as our first ingredient. and "no way" to high fructose corn syrup. ♪ in every honey nut "o". every lucky charms spoonful. and every cinnamon toast crunch square. ♪ you can feel good about general mills big g cereals. >> take a look at this, showed you before the break, a chase in south philadelphia. it is a dinosaur going after those kids. this is on the streets of south philly. t recommendation, someone obviously in a costume, chasing a little girl, and who ever she was with was obviously holding her hands. pretty cute. this has been fun. a lot of people have been doing interesting snow videos this season, this is just one of the

jones citing sources that hudson's bay is turning its interest away from macy's and looking toward neiman marcusfor the second time. neiman put out its second quarter results. comp sales down 6.8%. these headlines from dow jones say that hudson bay seeks a deal that would not include neiman's nearly $5 billion in debt. hudson's bay is a canadian retailer that owns saks fifth avenue and it also owns -- richard baker likes real estate. most folks say most of his land grabbing when it comes to retailers has to do with the physical location more than the operations within. david? >> yeah, although interesting. the macy's thing, there wasn't much there. >> right, we never knew. >> that is sort of -- that stock has reacted to the lack of real significance with hudson bay. but how do you do a deal without taking the $5 billion in debt is the question. >> exactly. >> private equity is debehind neiman marcus. you'd want to delever the company. i guess they'll try to come up with a struck krture here but i be tough. >> it is tricky. that's right. as i mentioned, neiman marcus pulled the plans for the ipo

neiman marcus had been looking to go public but had shelved that, hudson bay is lower. ruby tuesday, up by 24%. before today the stock was down 46% this year. it had hired ubs to explore strategic options, including a possible sale. western union, up 3.5%. the company may be seen as a takeover target after euro net outbid the financial for money gram. joe: looking at government bonds ahead of tomorrow's fed decision, long-term rates continue to -- actually, down a little bit today to 2.06%. still, this is close to the high end of the range we have seen ahead of this fed decision. i want to look at a one-year chart of 10 year yields, this really shows it, november, the big spike after the election, now we are right there, pretty close to the top of the postelection levels, the highest in a long time. obviously we will see how the fed decision changes the story little bit. scarlet: still can't get past that level, though. joe: 2.3% does seem to be a ceiling. scarlet: speaking of the fed, we are looking at a dollar that is somewhat higher, but for the most part little chan

merging, canadian company that owns saks fifth avenue and lord and taylor are in talks to buy neiman marcus. like many stores newman marcus has been losing customers to on line sales. >>> another airline is bringing back free meals, on domestic flights, american says it will add free meals in the economy class on some coast to coast flights, first will be from new york to l.a. and san francisco. about a month ago delta said would it bring back free meals , on some flights. free food, imagine that jim and rahel. >> airline food... >> listen i'm just saying. >> i like airline food. >> you do. >> yes you are in the minority there. >> my standard are low. >> thanks, jill. we will check with you tomorrow. >>> it business time though. >>> white house says publishing president trump's tax return information is illegal. >> ms nbc claims they have part of his 2005 returns. now record show that the president, has an income of more than 150 million-dollar, in 2005, and paid 38 million-dollar in taxes. pulitzer pry winning journalist david kay johnson told ms nbc rachel maddow he got front and back of

, authorities say, she went on a shopping spree - and attempted to use the card at the upscale neiman marcustore at the stanford shopping center. although she tried to charge a large amount .. the account was frozen and the suspect got away. authorities say, she has done this before in other states. (pam) new video tonight. police are trying to identify 2 people they say, stole a diamond from a jewelry store at the valley fair mall in san jose. we have survailence pictures from the robbery. police say, a man and a woman entered the store. the man asked to see merchandise. when the store clerk showed him the diamond, he took it and ran. the female suspect ran out with him. crimestoppers is offering a reward for information leading to an arrest. (pam) some good news for a young crime victim in marin county... deputies were able to return his stolen bike over the weekend. the bike- which was a chrsitmas gift- was taken from a front yard in the san geronimo valley. the victim saw his bike on a website .... and alerted the sheriff's department. deputies arranged to meet the seller in the industri

neiman marcus put itself up for sale. staples says it's closing 70 more stores, and the limited says it's close having all of its retail locations. changing time for pri changing for brick and mortar. >>> a section of the east beach parking lot is blocked off with a fence. the national park service will resurpass the trail over the spring and summer to prevent puddles and potholes. the work will happen in stages to avoid too much disruption for folks. >>> now could be your chance to outsmart the brutal bay area housing district. two homes could be yours for a dollar each. one has three bedrooms, the other has four. there's a catch. you got that. you need to move them, actually move the houses, before they're torn down. they're being cleared to make way for a 127-unit building. the builder has to make an effort to have them moved. the homes are on the brookstreet, on brookstreet, north of lake merit, and you have until april 30 to buy one or both of these homes and move them. by both, $2. tracking real rain? >> yeah, we ar

, authorities say, she went on a shopping spree - and attempted to use the card at the upscale neiman marcusre at the stanford shopping center. although she tried to charge a large amount .. the account was frozen and the suspect got away. authorities say, she has done this before in other states. (steve) it's a modern day noah's arc story... dozens of animals saved from san jose's massive flood and taken to higher ground.(pam) vicki liviakis is here to show us .. how those animals are doing tonight and what's become of the happy hollow zoo. (vicki) yeah pam and steve it really was like noah's arc... we're talking meercats like you see behind me here... a jaguar, foxes, red pandas, turkey vultures... you name it... all safe tonight after being rescued from the destructive floods that were the worst san jose's seen in 20 years. as last month's storms raged, zookeepers at happy hollow zoo rushed to move the critters to higher ground. some like the meercats hung out in a bathroom. even the fish in a coi pond had to be relocated. (zookeeper) the coyote creek flooding affected the lower zoo we wo

neiman marcus got rid of the ivanka trump stuff. lo and behold, there are a couple rings.nyx ring with the diamonds, i like it a lot. >> pretty expensive. charles: goes nice with your dress. what happens when the trouble testimonies to you. >> difficult things businesses have to deal with. charles: for neiman to blink, the woman starts a campaign on twitter, they made a decision in part based on that. wasn't that a mistake on their part? >> it's a situation where you can't win. you've got uber going to the taxi picking up passengers when the new york city taxi driver is -- charles: this is saying, to me it's a little different, neiman is selling a product. customers want the product. someone screams and hollers and the person gets their way? >> they find themselves stuck in a boycott. we're seeing everything is political, being interpreted politically and the businesses are facing a risk because of that. i don't think you can win. it's something that's destructive in american culture right now. >> i tell you what, gina -- >> some companies are. charles: they cut the neiman

. >> here is a look at the high- tech cosmetic counters inside the neiman marcus store. >> got the traditional this is a smart mirror, which is a touch screen and camera. it records every step of your makeup session. breaks it down by sections of the face and remembers the products you tried on. you can also choose flattering lighting. the penalized tips are sent to you via text and it can scared. >> they it's something new. something different. something cutting edge. >> i would love to see you do that. >> i'm so there. >> this would be fabulous for you. it's the only luxury retailer using this technology. it's already seen success with its fashion mirrors that take 360 degrees videos of shoppers. >>> there's been plenty of talk about the cuts in president trump's proposed budget. one of them is to public broadcasting. this parody video which is clearly partisan may appear in your social feed. >> elmo, you're being laid off. >> just like that? but what's going to happen to elmo's insurance? elmo has preexisting conditions. what about the kids? >> they have youtube, . >> yeah. elmo not a big f

neiman-marcus may be puttingy bg itself up for sale owners of tht department store chain arerehain lookinghoppers intn the stores.tore sacks owner hudson bay is reportedly in talks to buy neiman-marcus. >>> and finally a car crash and explosion at a a seattle gas station.ta this uber ride ended up in flames according to seattle police six-year-old rube -- 60-year-old uber driver wasver speeding when he hit car sending it off the road the car hit a tree and split in two.wo. the suv kept going into thent t shell gas station hitting gastis pump and burst noose flames much the driver of the car suffered life-threatening injuries. injue the uber driver was not injuredd but his passenger did sufferr minor injuries.urie a driver filling up right next x to had pump also escaped unharmed.harm could you imagine pumping yourpy gas and seeing that go by? just insane. >> absolutely not. not how people walk away from thingi like that is just beyond me. b . >> just a miracle right there.r. >> really.>> rll >> erin, thank you.>> e >> thank youri. >> how do you rate the uberr driver. >> one star. >> freezi

reuters also with an exclusive, quoting sources that neiman marcus has hired lazard to help advise onbt restructuring. so we'll see, wait for confirmation on some of those reports, but your point about department stores is taken. >> and neiman was on the eve of listening when nordstroms going back a year had a really difficult earnings period. that got pulled. i'm not surprised they're looking at other earntives. >> the elephant in the room, amazon is up around 850 bucks a share. >> i believe we can go back to deidra bosa with chip wilson. >> thank you. i'm glad we got the technical issues sorted out. kelly asked you about sort of the state of retail and how the big-box retailers have had their issues, but lululemon in recent quarters has seen improvement, raised revenue guidance, improving margins. i believe lululemon's online business is 20%. are you ready to admit finally that lululemon is doing well? i know you sparred about this a previous time you were on cnbc with jim cramer. what's the state of the business now as you see it? >> well, it's interesting that the questions in wha

stuart: neiman marcus? >> yes.ere were retail jobs lost. >> that's ing to continue and be a drag on the u.s. economy. stuart: i would have to believe that. sure thing. look at this, we've got a burger flipping robot. can i see this? >> i love this story, so interesting. stuart: i want my burger flipped by a robot. so much for the $15, if you can replace that short order cook with a robot. >> andrew poser says basically the margin of profit on a worker on a business like this is roughly $2600. you move the minimum wage to $15, the increased cost is something like $12,000. they are out of business. basically you're going to go to automation fast and furiously and it's amazing to me that people don't get that. liz: they could do more to possibly cut vegetables and fry chickens. they're making robots to do all sorts of things in the fast food restaurants. >> i want one in my house, let's be honest. stuart: i think we're retreating from human interaction. >> it's horrible. stuart: you go to macy's and want a buy a pair

crew, anaheim -- neiman marcus, they have a lot of debt, so dillard's is on the list, staples, wholebling than average. we could see insolvencies. stuart: i don't know who is going to take space in a ghost mall. i can't see it. >> what you're going to see more and more boutiques, retailers that have a niche, may not last long but the big department stores like sack's. creative destruction. destruction part as i can testify from the print industry, not so easy to go through. stuart: it really is changing the face. >> it's so much fun to go on. stuart: steve forbes is saying that the online shopping is getting better and better. click, done. i'm getting lazy. people don't go to. >> this is entrepreneurship. >> clinics, health care and the like. that's what -- why entrepreneurship is so wonderful. stuart: thank you so much. dow industrials 72 points. please remember this is the live action presidency, very soon your are going to see secretary tillerson and kelly along with attorney general sessions announcing the new and revised travel order. that should be coming up shortly and we will

after that, authorities say she attempted to use the card at neiman marcus store at the stanford shopping looking for the woman this morning. ( mark ) in the south bay... police are trying to identify 2 people they say stole a diamond from a jewelry store at the valley fair mall in san jose. these are surveilence pictures from the robbery. police say a man and a woman entered the store the man asked to see merchandise and when thestore clerk showed him the diamond, he took it and ran. crimestoppers is offering a reward for information leading to an arrest. ( darya ) a big bust in sonoma county. detectives recovered 60-grams of methamphetamine after serving a search warrant. sonoma county sheriff's say they found the stash of drugs after pulling over albert basso in his car on monday. a later search of basso's home uncovered another pound of the same drug, numerous packages for sales, and 36-hundred dollars in cash. basso has been arrested for drug sales violations multiple times dating back to 19-79. since monday's arrest he has been released after posting dollars bond. ( mark ) former 49

after scrapping plans for an initial public offering in jennifer, neiman marcus is considering a saletire company. the beleaguered chain said it is working with financial advisors on review of strategic options which may include selling part or all of its assets. hudson bay held talks to acquire macy's but with neiman potentially on the table, they are said to be redirecting their attention. walgreens wants to sweeten its proposal to land the antitrust approval to buy a rival pharmacy chain, friday. that is a going to people familiar with the talks, which says that walgreens is nearing a decision to sell more assets, boosting the number of stores, and adding distinction centers, software, and personnel. walgreens could present the beefed-up package to the u.s. federal trade commission within weeks. that is your "bloomberg business flash" update. the business roundtable survey of ceos was released today and jamie dimon, chairman of the roundtable, was among those who waited he talked about the need for regular performance. >> you talk about small business people, and intuitively and su

floor plate department stores macy's being one of them close like 180 locations nationwide even neiman marcusor try to go public recently and they could not and are looking for sooner to help them out. i guess there's a space-a smaller space shift and there's large floor plate retailer in my neighborhood who i mentioned last week or two weeks ago whatever got leased up to a cvs is probably going out of business and i talked to the owner and i said, why don't you [inaudible] the smaller spaces because of her more businesses there one time. the gist of what he wants to do is doing all one-sorry it's getting late-he wants to do it in one fell swoop good rather than have to do with islam smaller spaces rather than that's a paradigm shift we see in the community. another striking thing from the report is with that of 485,000 ft.2 of retail space since 2010. that's a huge absorption rate. up in the upper market rather pistol a lot of vacancy because there's 2-3000 ft.2 that nobody can afford especially with aftermarket and restaurants [inaudible] margins there some cutting wood edge restaurants the

hudson bay, which has moved onto try to see what it can figure out in terms of structure with neiman marcus, but yeah, that was bad. >> that was what? >> that was a bad investment. >> yes, bad. >> activists make plenty of bad ones. comes back to stock picking. >> i sold macy's bonds when i was at goldman sachs. even though i was at goldman sachs that doesn't not qualify fe more the administration, but i sold macy's bonds and they went under. >> as feder ated. >> said we could be in trouble and then the real estate value of mall properties kind of in general went down and then macy's same store sales went down. so they picked the high water mark of the department store of which by the way i've got to tell you terry lundgren would tell you that. he's a very honest guy. if you go back over his conference call, he talks about how everyone got excited because sales were up that year and then the staggering secular decline in the mall. that it happened at a pace -- it's happening right now. the pace is so -- there's guys in retail who are saying i was with some retail guys last night said the sho

canada's hudson as bay turned its focus away from macy's make doing something with neiman marcus.ks and lord & taylor. macy's shares one of the biggest losers on the s&p 500 as of now. >>> how about this a visa program for religious workers may allow islamic extremists to enter the country. what have you got? ashley: it's a big loophole. it is r-visa program for religious workers and clerics. they say this is door wide open for extremist views, jihadi perhaps. allows applicants who are granted visas five years. no quota on visas at all the during that period they can apply for permanent residency. this is backdoor way no one said much about. critics say it is long abused by religious leaders with extremist views. stuart: hard to stop. ashley: hard to stop. very dangerous loophole. needs to be addressed. stuart: addressed but very difficult to close. ashley: exactly, yeah. stuart: ash, thank you. >>> secretary of state rex tillerson, he has arrived in asia. he has planned stops in japan. ths wherhe is getting out of his plane. he goes on to south korea and china all this week. nort

the bigger rival, hudson's bay, they're not buying macy's, more interested in neiman marcus.ve still got the retail ice age, that's our expression. >> as we've been saying, i'm not sure that discounting is the big new bold strategy maybe some investors would have wanted. we'll see if it works. it's going to be a tough, tough environment as long as you have amazon growing, taking share, and investors not demanding more profits there. stuart: if we've still got obamacare round down next, with the high deductibles and premiums and taxes. >> that's consumer spending uncertainty. you've got money left to go to the mall? i'm not sure. tom, we wrapped everything up with where are we now, state of play. we're down about 160 points on the dow industrials. not quite 1%, but we're back at $20,432. the price of gold is moving up again. now, we're the $11 an ounce higher at 1263. how about the big tech names? we check them all the time, that's where the money is going. all of them are down, they are a he well below-- not well below, all time highs, that's true of facebook and amazon. micr

stuart: neiman marcus up for sale. sears -- ashley: we talked about. stuart: kmart the same.a long, long list of trouble. ashley: thousands of people out of work. stuart: yes, sir. now low of the day on the big board at the moment. we're down 76 points, and inching lower. this is all about the vote count in tomorrow's vote on obamacare. if it's a yes vote, we're expecting a lot of analysts expect the market to go up friday morning. if it's a no vote, watch out. at the moment the market is worried about the difficulty of getting that yes vote. we're down 80 points, 20,500 that's where we are right now. >>> just ahead, the ceo who is testing job applicants to see if they are snowflakes. that's in reference to millenials who can't get upset with anything they disagree with, or they do get upset with everything they disagree with. coming up the ceo who gave a snowflake test before he hires workers. he will administer the test on me. we'll find out if i am a snowflake. >> you're young, ignorant and brainwashed by liberal professors who forgot to tell you the in the real world the

accept -- we stay on women's day ivanka trump fashion line for women soaring last month nordstrom neiman-marcus ivanka's line because of declining sales guess what according to e-commerce indicator list sales increased 346% from january, to a february president trump criticized stores for moving product aide kellyanne conway was criticized for telling people to buy products during interview on fox, maria, we have said before, though her shoes dresses, it is good stuff! people went out forget this boycott let's do it. >> it is interesting, because when they were faced with people pushing back on ivanka trump merchandise the supporters of the trump administration said you know what let's double down, and buy this stuff, they pushed back. it worked. dagen: helps mot surprisingly i was not surprised by that by the way, people like women on our air wear ivanka trump dresses, merchandise always ultimately has to speak for itself. and people like her products shoes and dresses. maria: you think more about the quality and she just has good products or do you think people just got mad at companies like

floor plate department stores macy's being one of them close like 180 locations nationwide even neiman marcusor try to go public recently and they could not and are looking for sooner to help them out. i guess there's a space-a smaller space shift and there's large floor plate retailer in my neighborhood who i mentioned last week or two weeks ago whatever got leased up to a cvs is probably going out of business and i talked to the owner and i said, why don't you [inaudible] the smaller spaces because of her more businesses there one time. the gist of what he wants to do is doing all one-sorry it's getting late-he wants to do it in one fell swoop good rather than have to do with islam smaller spaces rather than that's a paradigm shift we see in the community. another striking thing from the report is with that of 485,000 ft.2 of retail space since 2010. that's a huge absorption rate. up in the upper market rather pistol a lot of vacancy because there's 2-3000 ft.2 that nobody can afford especially with aftermarket and restaurants [inaudible] margins there some cutting wood edge restaurants the