seattle genetics, nordstrom, zillow and starbucks.o profound running through these four companies, you know what it is, technology. now, we expect to see brilliant technology when we speak to seattle genetics. it's biotech by nature. if seattle genetics doesn't employ the highest reaches of technology, it can't compete with the big behemoths. to me, though the real story out there is the enterprises that have become stealth technologists. blake nordstrom said about his family-named company it needs to stay competitive with amazon. it has to spend, spend on tech. it may not be enough to compete with them. zillow pure and simple is a technology company. it has taken the home-buying business and organize it into a customer business. how can they do this? that rationalized the business of real estate using technology. first with desktop and then with mobile. it unites buyers with sellers. finally starbucks, what can i say about starbucks? today, it's chose to emphasize tea, link up with oprah, what else did i hear out there? the digital a

to be able to talk to the ceo blake nordstrom. thank you for having me in your town. >> thank you. >> you're the service department, so much more happening at nordstrom, can you give the future of the company, what it will look like three years from now, from what our parents thought about nordstrom? >> i don't know if anyone has that kind of crystal ball to accurately portray the future. we want our strategy grounded in the customer. the closer we get to customer, the clearer it gets about our strategy and how we should be spending our time and the shareholder money. there's talk of omni channel. we have an e-commerce perk, an rack business and this online business. the customer can shop on their terms, the customer views it as one channel. >> there's a conundrum, you're $11 billion market gap, you have the best full-service department store and it's adding units. you have what recognizes the fastest dot.com, the fastest off-price company, the rack and you have hautelook. you're frustrating people because your spending so much mo

how did you team up with nordstrom? were familiar with me through some press and also my amazing team was able to be in contact with them and i'm very excited. i'm still pinching myself. i can't believe that i'm going to be in nordstrom's. >> your clothes are described as hippie, grunge yet feminine. designing since three. a member of mensa. you taught yourself to sew. college freshman at school in austin. and i just think that the balance that you also show is incredible. a lot of the times when i talk with particularly children who is been described as xween yus, you feel they're socially awkward, as well, but godon't ge me that. you're a well rounded young lady. is that just natural to you or is it the people around you? >> well, thank you, first of all. i mean, i've -- i think of myself as pretty normal. i'm able to pursue my passions very young because of my supportive parents and i'm really grateful for that. >> congratulations on everything. people tweet me who my stylist is. i don't have one. and i definitely bu

starbucks, seattle, nordstroms. i and i will see you tomorrow!'t have if i were invest in russian equities right now. i think -- unless you're going short. >> that was white house spokesman jay carney sending an ominous warning for vladimir putin and for the stock market, while waiting for sanctions on moscow. the question is, when and how will president obama lower the economic sanctions boom? for now, stocks rally today. can investors and politicians possibly push him. >>> plus, families of the passengers on the missing malaysian airline jet are

starbucks, seattle, nordstroms. i promise to find it just for you on "mad money." jim cramer and i will see you tomorrow. >>> welcome to "worldwide exchange." i'm julia chatterley. these are your headlines from around the world. the fed could scrap its unemployment threshold as janet yellen prepares to wrap up its two-day meeting. we could see a rate hike this year. >>> china's central bank tells cnbc it's not an emergency talk to bail out a struggling property developer amid hundreds of millions of solid debt. >>> oracle shares drop in

. >>> a new nordstrom rack opened on fifth and market in san francisco.he opening ceremony included music, food and folks in line. the discount store handed out $100 gift cards and one lucky shopper won $1,000 shopping spree at the store. the seattle-based retailer offers discounted name brand items. the new store is nordstrom rack's 142nd location. >>> a world war ii veteran from san jose who has become an internet sensation is getting another honor. [ applause ] >> thank you. >> you're doing a good job. >> the 95-year-old, joe bell made national news this week after he dressed in uniform to watch runners during a weekend road race in his rose garden neighborhood. the video of runners stopping to greet him continues to be a big hit. and now he is getting a trading card. this is a look right now at joe bell's card courtesy of the san jose giants, a team in baseball's california league. >> i was surprised. and then all this commotion now. that was last week, how many days. >> he's great. many people want joe to know that his service is appreciated and they

. >> reporter: and nordstrom we got a $48 of clinique perfume for 37. macy's sold us a $56 four piece place setting for just $33 and we could have gotten a $59 pair of shoes for $49 if they had been in stock. >> i can order it for you. >> so when you see a price on a ticket, don't think that's the final price because it's not. >> reporter: this person runs the comparison shopping site green toe and he says more and more upscale stores are price matching even if they don't advertise it. >> i think personally that almost every store in the country will negotiate at some point. >> reporter: the trick he says is showing proof you can buy the same item for less somewhere else. something you can often do in store with a price comparison app or even a simple google search. >> it's just being a smart consumer. >> reporter: but you have to be smart about how you haggle. >> you certainly want to be polite about it. >> reporter: and if at first you don't succeed, ask for a manager. we were successful in about 50% of our department store negotiations. haggle someth

nordstrom and more. it is a special edition of "mad money" there. you see schultz, nordstrom, rascoff of zillow and dr. clay siegall of seattle genetics. all on "mad money" at 6:00 p.m. with jim cramer in seattle. toyota shares are moving lower at this hour on news that the company will pay more than a billion dollars to settle a justice department probe, a criminal probe into the company over those cases of sudden and unanticipated acceleration of their cars here in the united states. remember a couple years ago. so the question is what will this settlement do to ge -- excuse me, to general motors and its own problem that the justice department and the transportation department are looking into. phil lebeau is on that case and more for us from chicago. >> tyler, this is the largest fine ever levied against an automaker by the department of justice, and when you look at what toyota will be paying and going through it's a whopper of a penalty. $1.2 billion. they will be on probation for three years. toyota has also agreed to an independent monitoring

. >> you want cheap, that's nordstrom's. >> all right.ents away from janet yellen's first news conference as fed chair. this special edition. there's somebody waiting with what appears to be the last blackberry in america. we're back right after this. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ >>> literally, in less than three minutes janet yellen will come to that podium we're showing you right now. and she's going to give her first news conference as fed chair. we will take it live literally the sec

having strong partnerships with nor nordstrom's helps us. >> something about nordstrom that attractedout the brand. they're at the top. when they're always putting customer first and always thinking about innovative experiences that will engage to their customers, they saw a great opportunity in the fashion jewelry space, and we met their team last summer and it's a immediate click. excited to come up with concepts for the jewelry customer and rays the bauble bar brand. >> you're a website, primary driver of revenue but you're not a believe that brick and mortar is dead and you're very much in that as well. >> i think there's a difference between third party retailers that sell other brands and website that's building their own brand. for us we think of it as we're building our own brand from scratch. in order to do that successfully, you have to have multiple touch points for customers. >> how important is it for the customer to touch and feel? i would any fairly important when it comes to jewelry, regardless whether costume or high end. >> it's important for all products, right? tha

he will speak with executives from nordstrom and zillow. >> and mr. watson, the "gold finger" legend. that's all from our program. from the entire team on "squawk on the street." thank you for watching. >> as we head noon on the east coast, let's get to the qu"fast money halftime report." >> never a dull moment on the floor. >> so true. >> you guys have a good one. see you tomorrow. welcome to the "halftime show." sleepless in seattle. jim cramer is at starbucks' annual meeting speaking with ceo howl ward shultz. how does the company plan on winning the ultracompetitive coffee wars? >>> up in the clouds. what does oracle's earnings mean for the stock and the company swash buckling leader larry ellison trader debate is just ahead. >>> emerging winner out performing the peers and one of the riskiest places in the market. you're going to hear from him live. jon and pete najarian are here along with mike murphy and steve grasso. we're all waiting to hear what janet yellen has to say in her first news conference as chairman of the federal reserve. why it's

she was in a confrontation with another woman who stole her spot in front of the nordstrom in new jersey. the fight turned violent and knight found the woman biting into her finger, right to the bone. >> suddenly i must have been pushing the other person arm, the initial attacker, and she bit on my finger and proceeded to chomp. >> the other woman got away but police releaseed this surveillance video showing her inside the mall hoping to catch her. >> my goodness. >> meteorologist, mike nicco, on the roof ahead with the forecast. >> notice i am not holding an umbrella. the rain is over. the air mass is gone from yesterday, dry air is on the way with a lot of sunshine. i will tell you when i think the record highs could be set in the seven-day forecast. ♪ i'm the boss >> a five letter word is the target of a major campaign backed by america's most successful women. >>> emergency crews are responding to the refinery in martinez after two workers were sprayed with acid that happened at 10:40 this morning. we don't have any word of the extent of their injuries. this is the second time in les

. >>> if you like to shop, a nordstrom rack opened up on 5th and market street. doors open at 9:00. but if you're a hard core shopper and want to get there an hour early you could win a $1,000 gift card. the store is giving 30 $100 gift cards. it's known for designer brands at discount prices. it's serving breakfast and other treats to celebrate today's opening. the new san francisco location is one of 11 racks opening in the u.s. this year. it looks like they moved over quarter mile, half a mile from the tenth street area. >> you put out food, people will come, i'm sure. ikea has been doing that for years, haven't they, a restaurant there? >> no rain today in san francisco this morning, a little drizzle out there. best chance of shower will be north bay later on in the afternoon hours when we get heating to make the atmosphere a little unstable. then again sunday into monday. did you see that? that's the lightning that rolled through. quite a bit of it. you have to go all the way back to 10:45. you can see it rolling through the east bay, alameda, contra costa county. pretty cool.

he will speak with executives from nordstrom and zillow. >> and mr. the entire team on "squawk on the street." thank you for watching. >> as we head noon on the east coast, let's get to the qu"fast money halftime report." >> never a dull moment on the floor. >> so true. >> you guys have a good one. see you tomorrow. welcome to the "halftime show." sleepless in seattle. jim cramer is at starbucks' annual meeting speaking with ceo howl ward shultz. how does the company plan on winning the ultracompetitive coffee wars? >>> up in the clouds. what does oracle's earnings mean for the stock and the company swash buckling leader larry ellison trader debate is just ahead. >>> emerging winner out performing the peers and one of the riskiest places in the market. you're going to hear from him live. jon and pete najarian are here along with mike murphy and steve

when i looked around one day, we saw bag from nordstrom and neiman marcus and macy's sitting there.ill look to week later and they were still sitting there. over 300 lerica by and dollars worth of fashion every year. that means every three years women of america spent close to $1 trillion of fashion in their closet. or twice.is worn once we have done surveys. there has also been analysis which says the average woman in america buys 84 fashion items per year. >> there are many husbands listening. it is half a trillion dollars of inventory put in closets not being used. it is roughly the side of the federal trade deficit of america. plug ourld actually deficit by selling our clothes? >> certainly. >> you have some fun investors in your company. rachel zoeher and are investors. >> she is not only a stylus, she's an amazing entrepreneur. we have a fashion festival last year and she had an inspirational video. when you think of a woman selling from a closet, does not start with swapping. they have moved on to starting from their closets and have moved on to starting their own shops. >> i

when i spoke with nordstroms last week, they have this thing called rack, and rack is within nordstrom'sod discounter called rack and it can be more powerful story than ross. nordstrom's has a brick and mortar store weighing on it. i woulding long nordstrom's and not care about ross stores. >> we are in the final, full week of the month, of the quarter. we have not put together three consecutive updays for the month of march. s&p up 7 points for the month. >> checking how hedge funds are doing, hedge funds are lagging. why? because they were playing high multiple growth stocks and there's been this reversion to buying the stocks that are cheap. and that's not where the hedge funds are, they're too boring. look at general mills, pinnacle foods, 52-week high. that's duncan heinz and bird's eye on rumors they might buy ragu. general mills missed the quarter. now it's above. there's a belief if you buy them cheap, you will make money. the hedge fund don't like to do that. they like to buy expensive and hope they go higher from there. >> sounds like the second derivative of a market getting h

the americana brand, one of our largest properties, we just added a nordstrom that move from the indoorall across the street over to us. we spent about $70 million on improvements and changes with retailers. we are bringing in great new retailers and restaurants. michael's bourbon steak will be the first one in southern california. lee iacocca used to have a great line when he ran chrysler ended commercials. he used to say, "you either lead, follow, or get out of the way." if you're going to be in retail, you better lead or you are going to get run over. >> what a great point. we will talk about politics and sports. later, the james bond car takes a spin in the snow. we will tell you how the aston martin fared in the white stuff. ♪ >> we are back with rick caruso, founder and ceo of caruso affiliated, the largest holder of private real estate in the usa. you have an amazing buy rate. at the grove, 92% of your customers buy things. what is next? >> we just built a residential tower outside of beverly hills called 8500. it has quickly become the most popular and expensive building in los

nordstrom said that pretty well.1990's, you had or more in an southwest -- walmart and southwest and lines -- airlines. it was about cost. design is limitless. being able to innovate and differentiate in the market. if you look at the markets today, capital is nearly free. anyone can get capital to start a business. marketing is an expensive. you can do small run manufacturing. global competition is immense. the product has to stand up for itself. >> what tech companies out there are doing design well? >> there are many. i think the bay area is great. we have that team sport, the ability to innovate and have a lot of failures. in the valley, you have lots of failures that are finding what does not work but they're doing it cheaply. i look to the tesla's of the world, the nest is an example. examplennocent -- is an , how they have integrated so many different elements. >> the functionality wrapped within that, a real form and function all-in-one. about making the product stand out to the people who wanted. you cannot

. >> at nordstroms a woman says a woman tried to bite off her finger to get a packing space. >> the man tied to the disappearance of natalee holloway in the caribbean get as court day in the united states and why it will be years before shoot absolute -- joran van der sloot appears stateside. [ myron ] i got into an accidend the first thing and the first thing that came to mind is "can i afford to go to the hospital?" now that i've got covered california i know that if something happens to me that i'm covered. i'm in. [ female announcer ] everyone deserves health insurance. are you in? find free, confidential, local help at coveredca.com. >>> covering walnut creek, burlingame campbell, and all bay area, this is abc7 news. >> good morning, 6:14. a monday. traffic indicates it is, in fact 680 with traffic getting heavy. the problem is westbound 580 in pleasanton. we will talk with sue and the big-rig fire just ahead. >> the dump man tied to the disappearance of natalee holloway in aruba will be extradited to the united states to face charges in 2038. she is in jail in peru for the death o

starbucks will walk us through one of the biggest days of the year, the company's yearly meeting, nordstrom, zill low. tune in tuesday for a special investing in america brewing innovation edition in seattle. and now it is time for the "lightning round!" >> sell, sell, sell! >> and then the "lightning round" is over. are you ready skee-daddy? it's time for the "lightning round." i want to start with austin in tennessee. >> caller: hey, how you doing, jim? >> all right. how about you, austin? >> caller: i'm doing well, doing well. all right. so i'm just starting out investing, about halfway through your book and me and my grandfather decided to invest in kate spade and co. >> i think it's real good. it's not as good as kors but that's okay. >> frank in idaho. >> caller: how about pgh? >> i think it will go higher. >> steven in utah. >> caller: i'm looking at the company cell therapeutic. >> we're not going to escape disease companies. there is so much to do. can i go to jen in maryland. jennifer. >> caller: hi, jim. my question is about zulily. i the old sold some shares when it went down 18

at nordstrom we got a bottle of the perfume for $37. and that they could have gotten the pumps for $49 if they were in stock. >> so when you see a price on the ticket, don't think it's the final price because it's not. >> they run the shop and they say that more and more upscale stores are price matching, even if they don't advertise it. the trick is showing proof that you can buy the same item for less somewhere else, something you can do with the google search, but you have to be smart about how you haggle. >> reporter: you want to be pow lite about it. >> if at first you don't succeed, ask for a manager that it would work for us. in fact we were successful in about 50% in our negotiations. now it's not fern. >> and that is just not it. >> reporter: but it is a strategy that could pay off. >> reporter: so they are willing to meet the competitor pricing on similar items that it will be price matching, but only on the identical items, which excludes the fragrances and fine jewelry. >> i had no idea. >> me neither. >> get it time. >>> wi

. >> a fight over a parking spot at a nordstrom store land as woman in the hospital. >> work on a railin the north bay is getting underway with brush and trees and vegetation being cleared in san rafael today. the track will be laid there and sessions of old tracks that are there will be removed and the line connects downtown san rafael so santa rosa by 2016 with work from 7:00 a.m. to 7:00 p.m. >>> the new campaign against the "b" word, but not the word you think, the most successful woman believe "bossy" can hold young girls back. the facebook c.e.o. is launching a campaign to ban the word "bossy" part of a public service announcement. >> we know that by middle school bore boys and girls want to lied and if you and girls why, they don't want to be called bossy. >> head of the girl scouts says this are better words to describe girls including strong, confident, and recy cent. we will hear more of the new campaign coming up on america more at 7:00. >> it is -- outside with the snow is falling on lake tahoe. if you are headed up that way, there be some snow for you and today is probably

starbucks, seattle, nordstroms. i promise to find it just for you on "mad money." i'm jim cramer and i will see you tomorrow. >>> welcome to "worldwide exchange." i'm julia chatterley. these are your headlines from around the world. the fed could scrap its unemployment threshold as janet yellen prepares to wrap up its two-day meeting. we could see a rate hike this year. >>> china's central bank tells cnbc it's not an emergency talk to bail out a struggling property developer amid hundreds of millions of solid debt. >>> oracle shares drop in after hours as they miss expectations. currency fluctuations hit numbers. >>> investors like the number of inditech's numbers. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> if you're just tuning in, thanks for joining us here on the show. i'm going to give you a look at ohio the u.s. markets are faring here on "worldwide exchange" ahead of the open today. gains in yesterday's session adding to the gains that we saw in wednesday's. and we're seeing dow futures indicating

starbucks, seattle, nordstroms. i and i will see you tomorrow!see >>> i wouldn't have if i were invest in russian equities right now. i think -- unless you're going short. >> that was white house spokesman jay carney sending an ominous warning for vladimir putin and for the stock market, while waiting for sanctions on moscow. the question is, when and how will president obama lower the economic sanctions boom? for now, stocks rally today. can investors and politicians possibly push him. >>> plus, families of the passengers on the missing malaysian airline jet are starting to protest. they say the malaysian government is stonewalling and even lying to them. that's coming up in "the kudlow report" beginning right now. good evening, everyone. i'm larry kudlow. we're live here at 7:00 p.m. eastern and 4:00 p.m. pacific t seems that president obama and vladimir putin's relationship is at the breaking point. we haven't seen anything like this since world war ii. today russia, a defiant putin as accused the west of, quote, crossing the line. now we awai

nordstrom's has stumbled lately.0 stock. >> interesting. >> if they can get this thing to be an everyday high-price-point store then it really will be much more predictable. no longer episodic. >> that's a good point. it's the last trading day before the jobs number. the opening bell just a few moments away. "squawk on the street" coming right back. [ chainsaw whirring ] humans -- sometimes life trips us up. sometimes we trip ourselves up. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance expert and ask about all the personalized savings available for when you get married, move into a new house, or add a car to your policy. personalized coverage and savings. all the things humans need to make our world a little less imperfect. call... and ask about all the ways you could save. liberty mutual

when you look at who won, nordstrom, customer service is a differentiator. here jc penney.t have a lot of people in the store, it's easier to provide good customer service, no lines at the dressing room, people think it's great, but they have the store to themselves. >> good point. how about wheeling and dealing? how is this good if you are in the market for buying new car? >> so much talk about the weather in earnings this week. turns out, over the last 60 days, nobody woke up and said let's go buy a new car and they didn't go in to repair theirs. they canceled appointments and kids are home from school. they didn't see the eye candy of the vehicles on the lot. inventory is the highest since 2009. watch for big incentives. >>> the next headline, gold rush tax. what is that about? >> this is the biggest and vast discovery of coins in u.s. history. you almost can't make it up. two people went out, they were walking their dog, they see a tin can in their yard, they dig. they find the gold coins worst $28,000 in the day, now, $10 million. it's created a tax issue. they could h

jim is sitting down not with only howard schultz but also blake nordstrom, president of nordstrom, zillowspencer rascoff and the ceo of elt jsea genetics. we have some news on s.e.c. capital. kate kelly has the story. >> kelly, in a dramatic move intended to improve compliance s.e.c. has hireded cia backed data miner pallen tier to better monitor it's own employees. they explained the firm's desire to take the data they already have and better connect the dots in order to ward off future misconducts. palantir has already conducted a pilot program and based on the results of that, it's been hired full time. this is only sac's latest move to reign in errant workers after a slew of insider trading convictions and a $1.2 billion justice department settlement that ended its life as a public hedge fund. they will be renamed point 72 and the firm will invest only founder steve cohen and employee money plus that of some cohen family members. pal lantir is adding sac to a client roster that includes the fbi, jpmorgan, and morgan stan lay. >> thanks very much. >> we've heard from a lot of folks on

plus, the president of nordstrom and zillow, on a very special edition of "mad money."'s changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. gundyes!n group is a go. not just a start up. an upstart. gotta get going. gotta be good. good? good. growth is the goal. how do we do that? i talked to ups. they'll help us out. new technology. smart advice. we focus on the business and they take care of the logistics. ups? good going. we get good. that's great. great. great. great. great. great. great. great. great. (all) great! i love logistics. >>> final trade. tim? >> bwz. >> j.b.? >> fruit on the bottom. >> i'm long at puts. >> health care bounces from here. >> i'm melissa lee. see you back at 5:00 tomorrow more

they're doing that omni channel thing that macy's as done and like nordstrom. that will help them down the road. it's not a quick fix but i think your downside is limited. >>> coming up, pete has his eye on big bets in the options market. find out where the unusual activity is today. then is tiffany's a luxury or a bargain? after a big run in 2013, shares are stuck in reverse this year. find out one why one of our traders is saying this is the pullback you've been waiting for. >>> after a strong 2013 tiffany shares are negative this year and goldman is removing the stock from its conviction buy list. is this a dip you should be buying? let's debate it now. pete is the bull. murphy is the bear. 1:30 is on the clock. pete? >> the biggest issue they faced in this past quarter and they'll don't face is the currency risk. outside of that, tiffany was up 5%. strong number. look at their same-store sales, up 6% on average across. look at the americas you look at europe, you look at what happened over in japan, the asian markets continue to be strong for those guys. wh

and here's the big hint, it is the home to nordstrom's. can you name the city? we'll take you there, shortly. t. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. go! [ male announcer ] it's chaos out there. but the m-class sees in your blind spot... ♪ pulls you back into your lane... ♪ even brakes all by itself. it's almost like it couldn't crash... even if it tried. the 2014 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. see your authorized dealer for exceptional offers predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their

i'll be watching walmart, nordstrom and brinker. the company you probably know is chili's, that's brinker, is doing amazingly. but also, we learned today that the cfo resigned out of nowhere. i've got to find out what that's about. starbucks talks. and i bet we hear that we should stop sweating the program on the rising price of coffee. this isn't howard schultz' first cappuccino rodeo. i'm going to be zeroing in on yum brands, big charitable trust name that's been on fire. i want to know whether china's turn for good in kfc. i want to know if david novak is doing a remarkable job there. and we're going to compare coffee price notes from the day before. we also get a big earnings report. it's from william sonoma. i know, check your mailbox, it's in there. william sonoma is the high-end housewares company. this company carries an unusual amount of clout. maybe because it's so correlated with home spending and we need to see spending continue. 2/3 of our economy is related to consumer spending. we want more employment and spending tak

look at nordstrom. these are technology-based companies and have invested quite a bit.ou are right that the brick-and-mortar purchase it is stable or declining a little bit but there is enormous growth, 30, 40% growth on company websites. that's were the action is. anfrom the point of view of investor, how do i know in this new world who is really doing well? the data does not come to us as accurately about e-commerce is the brick-and-mortar. >> a lot of the companies and not rating at the percentage ofe-commerce sales. i would look at their technology investments and who is investing in the future of technology. the ability to move inventory and buy online and ship it from a store opens up the entire company's inventory. those are the kind of technology investments that make a big difference. >> thank you so much for joining us, michael mckee. steve is staying with me through the hour. overseas profits are piling up for apple and microsoft and we will see what on rest seeks to do for those companies to bring that cash back. plus, just what the midwest does not want to

macy's perfected that, nordstrom's perfected that. i like nordstrom's as well.to be that to really be good today in those kind of categories. walmart is doing $10 billion already online. >> right. >> they're the biggest threat to amazon. and they can do that out of 3,000 stores now when it comes to distributing to you and being closer to you. and they're very, very cheap. so can they win the battle? i don't know but they can make life miserable for everybody else when they do omni channel retailing. >> jan, thank you very much for coming in today. >> thank you. >> andrew? >>> we've got a story coming up that you have to see. you can only see it right here first on cnbc. we talk about bitcoin around the table. how about the hunt for the man that actually started the virtual currency? we have that story next. and that man has been found. >>> and a checkup on obamacare with dr. zeke emanuel. "squawk box" returns with all of that in just a moment. predicting the future is a pretty difficult thing to do. but, manufacturing in the united states means advanced technolo

a lot of people realize they can get very similar stuff cheaper, other places, nordstrom does a similaris market watch editorial asking or suggesting the cloud is the next. to you first is this the next bubble? >> i don't think so. i had meetings in 2001-2002 when it was a nebulous idea, people couldn't get their head around it and it is a force to be reckoned with and mark my words i will say on your show that the next thing is big data mining. keep an eye on that as well. stuart: for charles: i love artificial intelligence. does remind me of the dot.com era. not just say i am in cloud and you get a little relief. will that hurt the sector? >> i don't believe so. i have been following the clouds and 1995 in oakland in the dallas communications area. we are talking in $240 billion market at the end of this decade versus $40 billion three years ago. the reason everyone is moving into the cloud is that is the future. you cut your costs on data center. or earlier guests talk about something important, bring your own devices. people bringing their own mobile things. you can't run that data

and i don't need the apology from michael jordan because i brought them back to nordstrom's and theyew pair. >>: i'd rather did to a new pair of the get an apology from michael jordan. >>: what about in baseball. an update of our role this chapman. hits in the face. there is a quick clip. you can't see well other than him going down but it's really horrible to watch it electric his father was in the crowd that he went right to the mound. >>: the story of this guy. >>: here's the deal. it was his face three as a broken nose and a broken left eye socket. but the deal less, he is a cuban defector so after all these years. after five years, his family is now there. is that was at the game, he met his daughter at the first time. a shares for years alternate things were working for him and now desperate families rose 100 mi. an hour. one of the hardest chores ever and just imagine that you get the bags on the ball and-- this man throws 100 miles an hour.s >>: your almost one-half aware of the equivalent of a baseball helmets. some sort of face guard. because this keeps happening. welcome t

nordstrom online sales up 30%. many of those in-store sales were a little weak.rombie said 25% of its total sales coming from direct to consumer. i think it's just a mix we're going to have to get used to, and you're going to need to serve the customer in store and online. you cannot neglect in store because they're still going to the stores as well and they expect it. web groom something a big thing. we browse online but we go to the stores to buy it, feel it, try it, and touch it. >> e-commerce is taking a large part of the consumer budget. it's 5% of total retail sales. the important thing is we have some longer structural changes going on. we have a population that's basically flattening out and an older aging population. so the mix of goods and services that are going to be demanded by those -- by those consumers are going to impact how we deliver and how retailers will respond. >> jack, you're absolutely right. if you think about some of the strip malls maybe in the neighborhood as people are driving around, the turnover they have seen from traditional kind

i've gotten nordstroms speaking of the best of retail but is that enough? it's brick and mortar.hat you've been talking about the small biotech companies. that will be on the agenda and zillow is the company dominant in real estate online but does that matter given the fact that competitor trulia is spending in an arms race making that whole segment very crowded. >> i think starbucks is ahead of some banks when it comes to processing transactions, et cetera. they are so far ahead, i get a daily e-mail from one of the debit lobby groups and they always talked about starbucks far and away advanced compared to every other retailer, every other bank. >> i'll posit to howard schultz if they spun off the digital would it not give a multiple of maybe even visa, mastercard, certainly ahead of discover. honestly, i've been saying that howard should merge his business with verifone and therefore get the register all the way to the people who come near. they have an algorithm, this is what we're hearing, how near the store you are so it can be piping hot when you get there. many different l

that creates a lot of jobs i'm sure carlisle say they create a lot of jobs but i spent the week nordstroms are very creative and when you knock private equity they come at you why they are great, they help pension funds they don't really -- you know, they're all good -- they're -- i mean, they are everything other than mother teresa and i'm not going to criticize because i'm done taking heat that saying private equity may not be as good as real equity. there i said it, okay, you know, i -- i'm a throwback. i look for companies where a guy like howard schultz he starts with a little coffee shop and he does an incredible thing and he's got 200,000 people who work at the company and it's remarkable and i wish private equity would start a lot of companies rather than reinvent them but you are not allowed to say anything bad about private equity or carried interest and people attack you for it. i've been attacked a lot this week. >> private equity includes buyouts but includes venture capital and venture capital has started a lot of great companies and they get taxed on the same way as private

this risk has been alleviated slightly to the introduction of passing routes i'm talking about the nordstrom of course but the facts remain ukraine money ukraine is on the brink of bankruptcy but still needs gas so let's talk about this in further detail with chris we've heard from advisory now chris mosco is not planning to turn the tap soft but has made it clear that this can't go on this situation indefinitely so what happens now we know ukraine doesn't have the money it can't pay these bills what next. well i think the gas standing below and the requirement going forward will have to be part of a need to go between the government in kiev and the i.m.f. and the e.u. we know to talks are already taking place between the government in kiev and those organizations that would have used to getting at least some emergency financial aid so that the government would be able to continue to pay its debt and pay its obligations more substantial of a bailout talks that we believe will only take place after if you like that newly elected government is put in place perhaps in the summer in the ocean bu

kind of trying to outdo warren buffett perhaps and regular people going that and talking to jw nordstrom'sr do tv. >> quite timely given the barclays talk today, too. >> we'll do aisle by aisle. zillow which has been taking real estate by storm and seattle genetics one of the great biotech performers and starbucks will be talking to howard schultz in the morning, i'm doing that part of our show from seattle and, of course, be back thursday because i'm the bionic man and i intend to have a lot of starbucks between now and then. >> nobody works higher. >> triple venti chappuccino wil get me there. >> sort of figuring out where it will go. >> traded down 69 on the big short saying, listen, coffee matter. he's always said don't worry about coffee and the pricing. it is a china and india play. not just a u.s. play. it did 7% comp u.s. and only chipotle did better with large restaurant chains large cap. and howard schultz moved over to digital, people are concerned what does it mean? he didn't move to digital he brought it up. digital made it worth i'll try to come up with some valuation how muc