nordstrom plays in that space. think they'll stay around and absorb tt business as those two struggle. >> reporter: the new flagship connects the to other locations, rack store and a men's flagship across the street. they work together to fulfill inventory, take returns and provide services. the company spent decades dreaming about today but they'll have to wait longer to see if it's worth the investment. >>> on this busiest day of earnings major averages finished kind of mixed. here are the closing numbers once again. the dow fell 28 points to finish at 28,605. the s&p 500 added five. and that is "nightly business report" for tonight. i'm sue herrera. thanks for joining . have a great evening and we'll see you right back here tomo. woman: this is "bbc world news america."" is made possible by... thfreeman foundation; by judy and peter blum-kovler foundaon, pursuing solutions for america's neglected needs; and by contributions to this pbs station from viewers like you. thank you. laura: this is "bbc world

why nordstrom spent a lot more money on what we call nordstrom locals.aller stores. 3,000 square foot stores that hold no inventory. people go to buy online and pick up in store. the reason they opened it, to foster online steals. in new york there wasn't one before. this is way to grow online sales. maybe no doubt about that. the. charles: it will be tough. stock is down 21% this year alone. they have issues. high-end stuff is doing extraordinarily well or discounters are doing well. despite the fact consumer confidence is very, very firm. consumers have money in the bank. how do you feel, rather, about the shopping season? do you think it will live up to the hype? >> this shopping season is going to be gangbusters. the reason why, everybody has convenience of buying at their fingertips. we'll get amazon talking about their earnings. they said last earnings that they are building more warehouses to meet surging retail demand. the only reason why amazon is going to spend so much money building distribution centers because people are spending more online.

do you think this is a good move for nordstrom? >> for nordstrom as individual it is a great move. retail apocalypse. or potential apocalypse within the department store sector. that said, there are department stores like macy's, they have not made a move into hyperlocal or into.com or experiencal where nordstrom is really excelling. as we mentioned before, they have four restaurants. they have super pop-up style vendors. we have a lot of indy vendors within the nordstrom store. we have the opportunity to experience things like, cocktails while you try on sneakers. this is currently different than anything else we have in manhattan. melissa: the idea of having four restaurant. this is something that you see in different department stores around. to have a whole bunch and some bars to try to lure people in, i mean it is all going to be, just it strikes me as dazzling, i want to go, but really expensive. and pretty big gamble. melissa: it is still a gamble. i think less of a gamble, what you saw neiman marcus do. we have hudson yards. which is the talk of the town. how often does any

new york city new york is the number one on-line area in terms of nordstrom sales.o they are looking to leverage that with this kind of store, give users the retail, give them the experience, give them the shoe making and expedited alterations, everything they need, one stop shopping in this location. so it remains to be seen, liz, if it will be successful, but certainly today, people were lined up around the block to get in here. liz: you e know, it is so fascinating on the very day that barney's which closed many of its stores saying we won't go bankrupt we will sell to authentic brands group. they had a restaurant. they had fred's which was so popular, but as you look behind you, at the restaurant that you just showed us, give us a sense of whether -- as full as the store is today, will this continue? >> i think it will. it's so interesting because i will walk over here. you can see people are enjoying this experience. they like to just take a second, take a break, get back to the shopping, liz, what was so interesting, the menu actually looks really delicious, a

co-president erik nordstrom.joining us today. >> thanks for having me. >> big news in your world. seven years in the making. of course this comes after neiman marcus opened their new flagship store in new york we've gotten renovations of sack's and other stories in new york city. what are your plans to stand out here in new york city? >> well, first of all this has been our biggest on-line market for some time, manhattan is. we look at our business market by market. and to compete and really serve our customers here, we needed a big flagship presence. it's hard to come by, though the space and the right location we looked a long, long actually decades to come up with the spot we have and to be able to build a new building and bring what's really a modern flagship store, true flagship store, that can serve the market and bring together not only our physical experiences but our digital experience as well. >> well, what we've heard from so many people for years now is that retail is on the decline, especially in tha

the biggest investment nordstrom ever made in the store >> yeah. of climbing back to do thanks appreciate it. that does it for the exchange today. i'll join tyler and melissa for "power lunch." >>> now i can talk they gave me the signal. welcome, everybody kelly, we'll see you in a minute welcome to "power lunch. i wonder what this is that's -- i thought it was the grill of an automobile maybe a lincoln. earnings buffet, ladies and gentlemen, on the busiest day of earnings season. sinking twitter is tanking and tesla is surging >>> we are gearing up for amazon after the bell >>> tesla is

nordstrom is betting dead on brick-and-mortar.iday shoppers are going to spend 4% more this year than they did last year but more and more about of course is going to be online so just what can we expect this season? let's ask farah givens and keith herzog. you were the first one years ago to talk about omnichannel. but this is crazy. seven stories tall, so unique, you can get blowouts in botox injection, and also several places to get food and beverage. is everything under one roof. >> it's interesting. it was just over there and i did a little bit of a tour and you're right, it is seven stories but what i just found out is that they also ship in vip shoppers pay people were spending over 50,000 a year were flown to new york in order to shop with their personal shoppers who were also flown in and while you shop you are able to get food and drink delivered to you while you were trying on your vans and valentino's. >> they even have a martini bar on the shoe section shoe section. >> charles: what about for pronouns? besides these h

i talked to eric nordstrom, covice president, he what he had it say about nordstrom and its location.nter of country's fashion. if we want to be one of the leading stores in north america, you have got to be in new york. we've been at it a long time. our company has been around since 1901. we tried to find the location, right space in new york a long time. when this opportunity, we knew it was the right place to go. reporter: so you clearly have a captive audience here in new york city. this isn't just about getting people into the store. of course that is part of the business. you have got everything from lower end brands to very exclusive high-end brands here. it also about services, stuart. there are four restaurant and two bars here. stuart: got it. jackie deangelis in the middle of it, thanks very much, jackie. burt flickenger, do you think a good idea for a department store in manhattan seven stories tall in types like this. >> in this unique case yes. nordstrom is struggling with stores in canada. international experts will attest, they modeled of the leading department stores

the project retained a letter from nordstrom. given the noncontributory status, it will be in compliance. based on this ana analysis, staf recommends approval, that prior to issuance the sponsor shall provide final details and finished material samples for review and approval. this concludes my presentation and i'm happy to answer any questions you may have. thank you. >> retail owners are making huge investments in our properties. the project before you today is an important investment in the future of retail and the future of the district and we ask for your approval on this major permit to alter. i have with you charles chase from the architectural resource group to walk you through com compatibility. >> i'm with the architecture resource group assisting with the proposal before you today. as stated in the presentation, we believe these are modest in the ranks to accommodate accessibility challenges that were created in the original architectural design. ground-level changes enhance the appearance with letting, which provide p

>> dana: and nordstrom.cause the women's at nordstrom store is opening up by central park very soon, like in a month. >> greg: they had a great return policy until i abused it. jesse? >> jesse: i would go next door to the diamond district and just pull it all and, like that. >> juan: you know, my answer earlier this week stayed in my mind. you said the definition of success is how much money? >> you know why -- he say that all the time. >> why did you think money equates with success? i was curious. >> we are getting a little off-topic. >> juan: i like nordstrom a lot but i also think like ted baker. >> dana: i'm wearing a ted baker dress. >> juan: and i see a lot of young people line up at the nike store, like when a new shoe comes out. they have a lot of crazy sneakers and i know someone whose initials are gg and he loves great sneakers. >> greg: these are amazing, look at that. >> juan: those are amazing. degen? >> dagen: porsche dealership. >> greg: i would go to a time traveling story. if you could wear

nordstrom just opening a 320,000 foot -- square foot store in new york. i think as long as we have some trade certainty coupled with the consumer we're just fine. charles: we got to leave it there. thank you both very much. cheryl, we are up 160 dow points but i think you could take us over the top before the day is over. cheryl: i'm looking for just a couple points, and we will have an s&p record closed, fingers crossed. have a great weekend. we have a lot of bing ns that could be happening in this hour. and likely will, because it is the "countdown" and anything happens during this show. 48,000 united auto workers on pins and needles at this hour as they await vote results for a new contract with general motors. a yes result could end the 40-day old strike at any minute. we will have a complete update as we await that final tally. that could break at any moment during this hour. >>> the other breaking story we are following, wall street. the s&p 500 is closing in on a new record high. we are just a couple points away right now. 3025.86 is the record set

calm and nordstrom did not respond to our request for comment. a privacy expert with a nonprofit electronic frontier foundation, the group lobbies for more regulation to protect your data. can consumers do anything to fight back ainst trackers? >> yes. you can be vigilant in making sure that you know the apps you're installing. >> if they're collecting your phone number, could that be used for robo calls? if they're tracking your email, could that be used to sent spam? >> it often is. once that information is out there in the system, it's very lightly regulated and companies that collect it can do almost anything with it. >> the only way to control what happens with your information is to limit what you share. >> sometimes consumers think it's too late. i already put this information out there. what can i really do now? >> it's not too late. companies that collect your information need more of it. >> lastly, doordash announced 4.9 million users data, including delivery addresses, partial credit card information was compromised by a third party an

that's interesting to me for an asset rich company that's not it either anyway all the other ones nordstrom's, dillard, hudson bay, all of them trading north of one or significantly north of one that's interesting to me it shouldn't be enough to make one have investment in macies because it's below book value. but it's a sign of how unbelievably cheap. >> a secretarier to dabl in guys. >> certain not the retailer names like macy as nordstroms. i know you watch "fast money." >> i do. >> nice job taking off the jacket. >> learning to be one of the guys >> brilliant you see costco you talk about it on the power lunch show. >> i do. >> that's a monster. september comps were very strong in this environment. i think dana tulsi and her group put a 315 price target on it which is where we are now. but injury there is upside in costco and home depot and dollar gen a monster. >> target up 70% costco up 50%. charts intact. ross stars has benefitted from the china tariff war those are the names that until that tariff issue goes away, probably will still continue the chart looks excellent to me. but i t

nordstrom did not respond for our request for a comment.roup lobbies for more to protect your data. >> can consumers do anything to fight back with these trackers? >> yes, so you know the app you are installing. >> reporter: if they are collecting our phone numbers, could it be used for robocalls or spam? >> once that information is out there. it is lightly regulated and the company can do almost anything with it. >> reporter: the only way to control what happens with your information is to limit what you share. >> sometimes consumers think it is too late, i have put information out there and what can i do now, why does it matter? collection information, they need more of it. >> vickie nguyen reporting. >> i used to hang out here. rob mayeda talking about some danger coming this week. >> yes, the the nice thing is the winds are backup tonight. we just got a nice warm evening around the bay area and don't need a jacket if you are around san francisco or san jose outside right now. we are still in the upper 60s and even a couple of low 70s. c

. >> nordstrom opening that new flagship store in new york city today.agan is live from the store with the latest. >> reporter: hi, good morning to you, carl. it was actually about 20 years ago that nordstrom at least first considered coming to new york but it was seven years ago that they officially started planning for this store and officially opened the doors for the first time today so, this is a really big investment, north of $500 million, the biggest investment the company has ever made. they call it a generational investment they expect it will add about 100 basis points to top line growth which is something it could use. it might remember that full line sales were down about 6% in the first half of the year, but since the company has plans with the store, the landscaper, high end retail, especially in new york, has changed dramatically neiman marcus opened its first store at hudson yards. lord and taylor closed barney's filed for bankruptcy. saks undergoing a billion dollars of renovation but closing its downtown women's store after two years.

. >> once upon a time they say the costco customer was like the nordstrom customer. >> really. >> how so. >> in terms of the graphic. >> was that a target. >> i don't know about target but i know for costco twaps. i don't know if you makes you think it's more insulated from economic woes or less. >> seems to be insulated from everything bad >> at this point. >> yeah. >> if i'm going to costco i'm going to buy 1,500 sport coat at nordstrom what do you -- doesn't make zbleens you get that at costco. >> you can read more about the costco quarter on the website. cnbc.com live from the market site in new york here is else is coming up on the show >>> the man who called the week's selloff is back the chart master tells us where the market is headed next. and later, a tale of two fang stocks it was the best of times and it was the worst of times. for these two names. we'll tell what you the dickens is going on when "fast money" returns. you should be mad at airports. excuse me, where is gate 87? you should be mad at non-seasoned travelers. and they took my toothpaste away. and you should be

that top priority that we have had has been opposition to nordstrom to top priority that we have had has been opposition to nordstrom to its creation of dependency to control and now has its creation of dependency to control and now having made ukraine dipping in that 2nd completing that 2nd pipeline in maybe ukraine dipping in that 2nd completing the. 2nd pipeline is going to provide a huge wear for well as jon huntsman jr leaves is going to provide a huge wear for well as jon huntsman jr leaves his role as u.s. ambassador to russia and leave. us a from. the kick sleeves of our sort of largely failed to kick start any sort of positive reproach me with the moscow john someone is in coming as a positive reproach me with the moscow john someone is in coming for some of those talking points you mention with russia internationally at least are already on the mend of some of those talking points you mention with russia internationally or at least are already on the mend we are seeing positive progress but his rhetoric on those bilateral relations between the u.s. and russia we are seeing

its states commends all our european partners who've taken a strong stand against nordstrom too.and we commend others to do the same so we're protecting germany were. and we commend others to do the same so we're protecting germany we're protecting friends were protecting both of these countries and numerous of the cut protecting friends were protecting both of these countries and numerous of the countries go out and make a pipeline deal with russia with it paying billions to go out and make a pipeline deal with russia with it paying billions of dollars into the coffers of russia germany is totally controlled by russian developers into the coffers of russia germany's totally controlled by russia because they were getting from 60 to 70 percent of their energy from russia because they were getting from 60 to 70 percent of their energy from russia and a new pipeline. well despite the push behind old stream which will try to enter a new pipeline. well despite the push behind north stream which will transit russian gas directly to germany passing through the baltic sea germany's econo

nordstroms trading lower macy's was plug pluging a bit higher in the session.sory stores gained 1.3% since august and most of that group is trading higher today. sales of nonstore retailers, largely online players, that fell 0.3% in september from the month before, shares of amazon, though, are up .75%. i found it interesting, keith, that the markets didn't move so much on this weakening retail sales number, even though we all think the consumer is what's holding up this economy. >> the consumer is holding up the economy. that story doesn't go away i don't get concerned in the blip from one month to the next. you think about the outlets that consumers have to go by things, we used to focus on a lot more 20 years ago when we would go to macy's, nordstrom and buy your clothes. we have access points all over the world right now. we don't need to be buying stuff every month. we can buy a lot of stuff one month and it slips for a month i don't get too concerned about that consumer sentiment and confidence numbers are more important to the consumer story than retail

tiffany's, nordstrom's all rallying. amazon holding the index back. real estate on the defensive.folks moving out. earnings in that space were not high. guy: romain, let's talk about the banks in europe. atlantic, shares in the company rising after trading revenue outperformed wall street in the third quarter. barclays ceo talked about the result to nejra and matt miller. >> we are pleased with our markets performance. up 13% year-over-year. we look quite good compared to u.s. peers. european peers, we will see. we continue and argue to gain market share. we had a good quarter, investment banking fees up 24% year-over-year. debt capital markets and equity capital markets, strongest third quarter in the history of the bank. we are making progress in investment bank. we like diversification benefit. we like diversification business, heavily weighted u.s. and u.s. dollar. corporate and investment bank delivered strong quarter. revenue was much better -- cib revenue was much better. which opportunity do you get excited about? what is the best opportunity for barclays in this environme

sector customers are moving away from department stores and i think a lot of people believe, the nordstromake some companies private they have a chance to shape the future and make the investments you need without so much concern over quarterly results. >> do you believe that do you think, you know, that that's a real possibility? you are taking on moredebt going private, as well, which increases the pressure are there things to do in the private markets with these retailers that are facing such significant issues that you can't do publicly? >> department stores are difficult space. i think luxury is better because you have more exclusivity in the products but it's troubled now i've run private companies, public companies and i can tell you you can have a longer time horizon running a private company and don't worry about the next earnings call. >> what do you think make the likes then of a macy's, for example, which is in the current dialogue, not the momentum way we were just talking about when i introduced you but obviously concern of the place in the mall and the continued concerns ove

the biggest investment nordstrom ever made in the store >> yeah. they've got a lot of climbinthas appreciate it. that does it for the exchange today. i'll join tyler and melissa for "power lunch." >>> now i can talk they gave me the signal. welcome, everybody kelly, we'll see you in a minute welcome to "power lunch. i wonder what this is that's -- i thought it was the grill of an automobile maybe a lincoln. earnings buffet, ladies and gentlemen, on the busiest day of earnings season. sinking twitter is tanking and tesla is surging >>> we are gearing up for amazon after the bell >>> tesla is not only stock revving up group one auto soaring to record highs. after its earnings report, the ceo will be here to break down what's driving profits >>> later, the wework water cooler tensions are high for employees with thousands of layoffs. many might be heading for the exits with empty pockets we've got the details on that as "power lunch" starts right now >>> welcome. a mixed bag we got for markets thanks to earnings the dow is in the red. the nasdaq is th

calm and nordstrom did not respond to our request for comment.nsumers do anything to fight back against these trackers >> be vigilant and make sure you know the apps you're installing. >> if they're collecting your phone numbers could that be used for robocalls, and email sending you spam >> it often is once that information is out there, it's very lightly regulated and the companies that collect it can do almost anything with it. >> reporter: the only way to control what happens with your information is to limit what you share. >> sometimes consumers think it's too late. i've already put this information out there. what can i do more why does it matter >> it's not too late these companies that elect your information they need more of it >> reporter: well just last week doordash announced the data of nearly 5 million users, including delivery addresses, even partial credit card and bank information was compromised by a third party that is exactly what our experts are warning can happen. >> what can we do to protect our data it's like you know thi

his businesses have lost business, you know, ivanka trump has lost her line of shoes at nordstroms. he's lost his line of clothing at macy's. they've lost money as a family. >> you're believing them, hold on, let me correct you for a second you're believing they say -- she's gotten many trademarks from china. the business at their hotels has blossomed with foreign diplomats coming to the washington, d.c., trump hotel. i'm not sure the math is right about that. >> with that said, do i think it was smart with the political fire that's burning whether you want to talk about impeachment or syria that he should have had the g7 at one of his properties? no. that was politically not smart to do. but if he's not making any money and we're going to spend less as taxpayers did i have a problem with the policy behind it i did not, but the politics are not good. >> go ahead, charlie. >> this is an ethical trainwreck. this is an ethical train wreck. to direct business to your own company, i mean i just can't imagine that. most members of congress are so careful not to eb gauge in that self-deali

one of our colleagues at in order state of michigan -- nordstrom opened up a physical store in new yorkgoes, who do you see winning? can you pick a winner. >> if you're talking about holiday, walmart is typically a big winner every holiday. target is up there, best buy will be up there, costco will be up there. people don't focus on costco enough. it may be the best run retailer in the world. i think l amazon stays in the game in a big way, but the competitive landscape has shifted as the brick and mortar guys know cussed more online, they're -- focused more online, they're using the stores. cheryl: you have the second largest mall about to open up in new jersey. web services is a big chunk of profits driven at amazon. there was growth but it was slower growth and that seemed to be a negative ton company last night. >> i think this is fueling a lot of the negativity and the shifting stock price we're seeing in the afterhours trading that, yes, it's a monstrous business for them, yes, they're the dominant player in the field but it is the slowest growth for amp son web -- amazon web serv

turns out the nordstrom rack app allows third party firms to learn a lot about me. >> is your e-mail vicky --.com? >> yes. >> you have at&t. >> i do. >> and then you have an iphone 8. >> yes. but i didn't enter oany of that information anywhere. >> i know. >> there's my namfull name, gen and the products i viewed all given to companies i never heard of. this is close to the location i lived so this is probably at some point i'm going somewhere not realizing i'm being tracked. >> not only do they want to suck up your information in the digital world, they're using that to track you in the physical world as well. >> reporter: my door dash let trackers know i was the move and sent my phone information to five different tracking companies. disconnect developed an app, privacy pro. door dash addingt doesn't sell customer data and bans third parties from selling that data. yet its privacy statement says door dash is not responsible for the privacy practices of third parties. a technology privacy expert with the non-profit electronic frontier foundation. the group lobbies for more informati

nordstrom just opening a 320,000 foot -- square foot store in new york.de certainty coupled with the consumer we're just fine. charles: we got to leave it there. thank you both very much. cheryl, we are up 160 dow points but i think you could take us over the top before the day is over. cheryl: i'm looking for just a couple points, and we will have an s&p record closed, fingers crossed. have a great weekend. we have a lot of breaking news that could be happening in this hour. and likely will, because it is the "countdown" and anything happens during this show. 48,000 united auto workers on pins and needles at this hour as they await vote results for a new contract with general motors. a yes result could end the 40-day old strike at any minute. we will have a complete update as we await that final tally. that could break at any moment during this hour. >>> the other breaking story we are following, wall street. the s&p 500 is closing in on a new record high. we are just a couple points away

ceo of macy's nordstrom, they're all saying that, but at some point they will have to find a way to pass costs on. president trump has to understand, does he want to have more tariffs on october 15th, december 15th, going into the holiday season? >> so a couple of points there. of course it is a very difficult, difficult situation to be in, however, if the consumer has not yet felt 25% tariff, increasing it by 5% to 30% i think is just a small move of the knee dell that will really not be felt. we had currently in place for the last 50 years, 25% tariffs on light trucks imported into the united states. has the consumer felt that? it is the most popular vehicle, drugs are, suvs. american manufacturers are dominateing that. i think consumer will not face that. charles: chris, chris, i got less than a minute. let me squeeze this in. yesterday at the nabe conference award was presented to the coalition of prosperous america. they presented a stage or study that permanent tariffs on china would benefit the u.s. economy. would you go that far? >> i would say if in fact china will in the long r

later today, nordstrom will open a giant new store in manhattan, seven stories and 320,000 square feettar stores have been laid to waste in recent years, due largely to amazon. halloween is going to the dogs and the cats. americans will spend $490 million on costumes for their petses this halloween. that's according to the national retail federation, more than double than what they dressed them in in 2010. and popeyes has heard the cries of its customers. the super popular chicken sandwich reportedly coming back. the chain will hire hundreds of additional staff to keep up with demand. the stores introducing an app to alert customers when the chicken sandwich is available an when it's sold out. that's what's happening now. cheryl: i have to add, i would dress up my lou but he flipped out on me, i tried. tracee: if he would go for it. cheryl: i would spend so much money on animal costumes if i could. tracee: $14.99, the best $14.99 i ever spent. cheryl: let's talk sports, everybody. the washington nationals taking game two of the world series in houston. jillian mele is live. jillian, go

>> as you know, there's talk about sanctioning companies involved in the nordstrom to pipeline. straight from russia to germany under the baltic sea. and it would obviate the need for the pipeline that currently goes across ukraine. the pipeline that currently exists from russia through ukraine to other countries that receive the energy brings in to $3 billion a year for ukraine and transit fees. ukraine has made great progress in reducing its dependency on needs for energy, but it that money from transit fees with that pipeline. 2 would make that obsolete. do you sanction the western companies involved? that pipeline is almost finished. the german government will argue it is based on commercial interests. stream one is not at full nord stream one is not a capacity why do you need two except to screw ukraine? >> other questions yes. >> i'm a second year student here in the european eurasian studies program. i wanted to ask you about what the purpose of sanctions are and the prospect of regime change in russia. earlier you were mentioning that extensively the point of sanctions i

protecting its own economic interest but as it looks now and then market agreeing it's very likely that nordstrom too will be up and running by the end of this year. south sudan's main opposition leader says the government has failed to push through a peace deal aimed that ending years of fighting the former rebel leader says a unity government cannot be achieved before the mid november deadline and its call for a 6 month delay the peace deal agreed in september brought an end to more than 6 years of conflict which left $400000.00 people dead meanwhile the international organization for migrants in south sudan has suspended some of its ebola screening services after 3 of its aid workers were killed here but morgan has more now from khartoum in neighboring so that. the killing of the 3 aid workers happened in the southwestern part of the country in a place called model county now that is a place where the national salvation front an armed opposition group that has been fighting south sudan's government for more than 2 years is known to operate both sides south sudan's government and the opposition

has been opposition to nordstrom to its creation of dependency to control and now having made you creates creation of dependency to control it now having made you cream to put the in that 2nd completing that 2nd pipeline is going to preen dipping the in that 2nd completing that 2nd pipeline is going to provide a huge lever well as drawn huntsman's union leaves his role as you have applied a huge lever well as john has was you know leaves his role as u.s. ambassador to russia and leaves moscow having largely failed to kickstart any sort of positive some muscle to russia and leaves moscow having largely failed to kickstart any sort of positive reproach me with moscow john sullivan is in some of those with the moscow john sullivan is in coming to some of those talking points you mentioned with russia internationally at least are already on the mend we are seeing positive emotion with russia internationally at least are already on the mend we are seeing positive progress but what is odd is that when the trip was on the relations between between. the actors the accusations of interference the

lemonis: brothers mike and john found early success selling to big stores like nordstrom and urban outfitters. but after they opened up two locations of their own, profitability never followed. mike: is it the product? is it a merchandising? why doesn't this store make money? lemonis: now the brothers are clashing more by the day. john: so it's all my fault the stores didn't make as much money? mike: you sometimes act like you know best. john: oh, my gosh. lemonis: even as mistakes pile up... ashley: we might want to spell "barbeque" correctly, though. lemonis: ...and morale withers away. jackie: if i had another job opportunity, i would take it. amy: it's just mind-blowing sometimes. lemonis: if i can't mend their fraying relationship... both of you, get your [bleep] together and figure out how to co-exist and have mutual respect. ...their beloved brand will go bust. that store is closing, unfortunately, no matter what. my name is marcus lemonis, and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every

. >> competitor-wise i nordstrom opened in new york.ing back shoe inventory everywhere in north america except in new york. so if somebody wants to buy shoes online they're going to go to zappos to buy shoes rather than nordstrom.com to buy women's shoes, advantage amazon. luxury, specialty retail, teen retail is really at risk and we've seen 20,000 stores close in two years, 50 major retailers filing for bankruptcy or liquidation. so amazon will get -- they won't get the same things you referenced before the segment from barney's but they're going to get -- they might not get luxury but they're going to get prestige and the range of product and better inventory than anybody. maria: really great analysis, as usual. thank you so much, gentlemen great to see you both. we will check back as news develops. coming up, ramping up pressure, attorney general will b a a wils is expanding the investigation. ford is looking to charge up sales, the automaker rolling out a sport electric suv, right after this. ♪ are we out of the woods yet, are we o

nordstrom had a pop for about 38 hours, right kohl's had a pop for about 15 minutes.s these companies you buy every time they're down. >> i'm glad we put it up some people may hear it and not know what you're talk about. that's what we're talking about. >> we're not putting up macy's or vf corp. today. >> let's talk about vf corp. on the call, there's a sense that the negativity is being busted, the negativity has to do with granularity the beginning of the quarter was not as good, and it got better i think they'you're going to se people rally toward vf a very big slow down in vans apparently they're saying things very reassuring on vans. so i don't think you should throw that stock out it's been a winner they got rid of jeans. i think we're going to come out when the smoke clears. this has happened all week the conference call is going on while we're yapping about it it turns out they're saying better things than people realize. so don't throw away vf so fast because of vans. >> a div hike out of vf and visa >> the problem with the visa call is your eyes glaze over t

up about 17% right now on that news, tritten most recently served on target, and also worked at nordstromoming to bed bath & beyond the market is up 17% the market likes that pick thank you. >> back to you the dots are connected >> finally, we've had this interim ceo at bed bath & beyond since may. they've been doing executive reshuffling. they've got a new board. and they're making changes and the move going higher, 19% naming mark triton that was part of the market announcement that he was resigning, sort of a double announcement for target now we know where mr. trittton is going obviously, he's had a nice run interesting move with the timing ahead of christmas but we know that gets set well ahead for retail >> even as a gesture and what it reflects, it seems like they're going to try to raise the metabolism in terms of merchandising. by the way, 50% of bed bath & beyond shares sold short >> this has been a move we've been waiting for and now we have it >>> back to the broader market, stocks closed high, with the blacklisting of 28 chinese companies this week was difficult for goodwill

a lot of damage here with macy's, gap, nordstrom, kohl's, wide dispersions between the winners and losersm not sure there will be a selling of the winners. if you look at gap, the s&p at the close on friday up 20% this is friday's close the average large cap core fund active management fund was up 19%. my thanks to cfra for pulling this out these are the guys importantly who do the active management that's a pretty close difference that 1% difference, that's the fees that they're charging so active management has not had a bad year this year i'm not sure we'll do a lot of window dressing, let's catch up because we have been lacking behind story on ameritrade, david just mentioned this, market cap, ameritrade, $18 billion right now. not helping with that announcement that they're going to zero commissions. i expect e-trade to come back very soon, announced they'll do the same thing where we are today on this is very simple. not a lot of traders that do a lot of active trading everall. the key thing is that lower fees, lower anything, lower commissions will be good for the consumers. will s

seattle/tacoma, they have amazon and nordstrom.ome. >> please stay. >> i'm staying here for awhile. thank you, rebecca. >>> hey, ginger, what you got? >> i think you got a lot of jobs so you're good. stay. how about we do a "gma" moment from st. petersburg, florida. lara, i know you had cinder the cat on the treadmill. i'll try to raise you one here with leighton who feels like all of us on a friday on the treadmill. yep. yeah, that's 2 1/2-year-old leighton. his parents own the running store so he's safe. he's good but i thought that was so appropriate. thank you very much. put your "gma" moment on my facebook. unti giving crews battling this inferno a much needed break. >> we are on early because of that fire. it's blazing really out of control. >> i know a lot of people are still evacuated. the fight to contain it hinges on the weather. you have been tracking that. where do we stand? >> we have the winds that are lighter and switching more to an onshore component. here is live doppler 7. you notice we don't have any fog, but as

split read on low end like costco, nordstrom, the high-end. it is not across the board. but we wanted to add that to put in perspective. in the end what will decide whether you get into pronounced slow down when we get into recession, we're nowhere, it would be you, consumer, show up in consumer sentiment surveys that telegraph a problem there. so far that is not the case here. but we're just sort of connecting a lot of these dots. they're not all consistently going in the same direction. >>> meanwhile the president is still saying that ahead of talks with the chinese on that trade deal, he is not too worried about it. >> china is coming in next week. we're going to have a meeting with them. we'll see. but we're doing very well. some of the numbers i think are being affected by all of the nonsense, all of the politics going on in this country by the democrats. i have a lot of options on china but if they don't do what we want, we have tremendous, tremendous power. neil: to greg ip of "the wall street journal." what do you think of what the president is saying? maybe all

products in collaboration with big-name brands like vines and hunter boots he previously worked at nordstromve now eliminated trading commissions on its online brokerage. that matches the move by charles schwab, and e. trade financial previously they charged 4.95 for online stock trades. the dropped commission begins today. of course, not all of them are doing this if you really understand the model behind robinhood, which is the first one to drop the commissions, the way that they are able to make money and drop the commissions is they sell the trading flow and all of the data on your trades to folks like citadel and other hedge funds. so it is a bit -- there is an argument about front running and about what that actually even means and the idea that you're selling the data >> there is no such thing as a free lunch hello. >> exactly you can't get it for free. >> but do we care again? >> that's actually the fund amount at question at the moment apparently we don't. at some point i imagine we will again. >> you know, google maps, take my info. >> take your info. >> give me google maps, take m

an extension on the basis that they realized that there was now in all likelihood a better than nordstrom odds on chance that there would be an election during this extension period and therefore that something might change a majority might emerge in this parliament to break the deadlock well all of these moves as far as the e.u. are concerned would be leading to that election will be content as i say to sit back and watch what they will not know what nobody can be sure of is whether that election when it comes does in fact result in the majority that pushes breaks it forward don't have thank you very much indeed. stay in the u.k. a truck driver has made his 1st court appearance far in the discovery of 39 bodies in a refrigerated contain and asked week bars robinson was seen via video link from prison and wasn't required to enter a plea the 25 year old is charged with manslaughter and people trafficking police found the bodies in an industrial park east of london on wednesday that it means government is checking documents sent from the u.k. to confirm the identity of suspected victims. st