macy's, nordstrom's, nordstrom rack, jcpenney and sears all say they will welcome customers back today. the shoppers see changes at the food court's, as well as, signs reminding you to stay six feet apart and you have to wear a face mask in the mall has shorter business hours beginning at 11:00 a.m. this morning. a new study out that says the future looks grim for retailers, especially those in shopping malls. "ktvu" tom vacar it shows us how some bay area malls are adjusting to try to deal with life after the pandemic. >> reporter: courtside research, a worldwide marketing research firm, expects as many as 25,000 stores will close this year 50%-60% of which are in shopping malls. >> yes, it is a glum picture. i think the roll of the ball will change and that is what is interesting and covid has just accelerated all that. >> the pandemic maybe an efficient mall killer. green street advisors and other marketing consultants he says, of the thousands remaining 380 are likely to fail. >> a significant acceleration of buying online, e-commerce, live streaming all necessary components to a w

likely move over 'd to the in biden has a much higher personal interest in the destruction of the nordstrom to grow dick because of his son who has even financially invested in continuing and growing rule of ukraine it's high time that the becomes more 'd independent but there we have an additional problem here we have been seeing over the years a clear increase of division between the eastern part of the union and the western part of the my prediction is that both divisions growing divisions will continue both between europe and the us but also within europe between east and west. after brazil enjoyed its worst ever week for new coronavirus cases public pressure on president balls and arrow to quit a scene more protests in major cities and beyond the more than 1300000 infections and over 58000 deaths there at a local level mayors and governors have taken quarantine measures but nonetheless the president continues to tell people to ignore the advice saying the economy can't handle it the protesters now say he's a threat to democracy. he. wanted . to. meet. the covert 19 is a risk to his all

rather posting on twitter over the weekend to be silent is to be complicit the department store nordstrom said that it is deeply saddened and angered nike meanwhile saying don't do it excusing racism that is many companies are supporting the black lives matter movement which protests racial inequality in policing. and let's go over to our financial correspondent in new york. to what extent is the unrest that we're seeing on main streets across the u.s. leading over to wall street i mean 1st of all if you look at businesses some of them do feel it in pick to take lift and for example they decided today to stop service at least in some cities for now some stores are closed early or or at the end tire day if you look at some nike or apple stalls for instance you had a lot of c.e.o.'s from big american banks speaking against racism but if you look at the stock market in general that all jones industrial average actually was up on monday by almost 100 points besides the protest besides the pen to make. further tensions between the u.s. and china. now as you mentioned apple there let's take a l

i've seen it at nordstrom. -patrick: it's everywhere.his is kind of what made our brand super famous. i literally drew it on, like, a piece of paper. i'm like, "we have to make the plane look backwards and do everything in reverse print." lemonis: that is pretty cool. patrick: i'm originally from new york, and then i moved here, to los angeles. lemonis: where in new york? patrick: i'm originally from upstate binghamton. -lemonis: okay. -patrick: which is where we had our family bakery and our family business. and then i -- lemonis: you were a baker? patrick: my dad was. my dad lives in upstate new york. lemonis: and your mom? -patrick: is no longer here. -lemonis: she passed away. patrick: my mom died eight years ago this week, actually. lemonis: oh, man. patrick: when someone is dealt something like that and such a tragedy -- and she was super-young, too -- you can either go super depressed and put your head under the covers, or be like "[bleep] it, life is too short. i'm gonna live my dream and do exactly what i want." so, 10 weeks lat

it didn't look like people got into this old navy store or the nordstrom in that area as well.any stores in the broadway plaza area including the apple store had already boarded up windows and were not damaged. the mayor of walnut creek spoke with ktvu last night and says the people in the images of the looting she believes were not protesters, but rather people trying to take advantage of the situation. she said some of the people by the looting had posted their plans ahead of time on social media. >> there is real concern that this is mayhem and vandalism and meanness and greed and has nothing to do with addressing the real problems in the united states about justice and racial equality. >> reporter: there is a protest planned in walnut creek at three:00 this afternoon . the mayor says the city has plans in place to keep the peace. she believes that protest will be very peaceful walnut creek police say they will be getting help from law enforcement agencies throughout the area this afternoon and into the evening. the mayor did -- reporting live , allie rasmus, ktvu fox 2 news

there's dozens of people here looting stores like macy's nordstrom the old navy victoria's secret to a lot of stores here that have been completely ravaged even saw an entire cash register taken from what sells pretzels. the tory secure was looted. uh you can see inside and i think in the window, the racks were empty mannequins are toppled over. i talked with a lot of people this morning, including along the creek resident who's been here for 40 years he saw the looting happened even said he saw 2 women with their hands full of clothes just running past the police and he said it was just pure chaos. i also talked to those 2 men you saw scooping up that shattered glass asked them why they were out here this morning. >>you know i mean i think every community should just come out and help them they can you know walnut creek is a small community so i'm very tight knit not a lot of people say and we just want to do it we can. >>tell these businesses and clean up this mess is ridiculous and exactly walk up to their job and see these mass you know this. >>and that's what the case has been s

marcus and kris, nordstrom, meanwhile, is warning the state of california it will be laying off employees. the edd has this notice where when large companies are going to lay off a lot of people they have to warn people. we're seeing a reduction in the number of w.a.r.n. notices. that's more good news that not only are more people going back to work but there are fewer layoffs. >> small comfort for the nordstrom folks who are now wondering if they're the ones. >> that is a tough one. thanks, scott. >>> 6:17 for you this morning and some possible good news if you love a good movie in a theater. you may be able to head back by the end of the week. guidelines are being released. they recommend needers only allow 100 people in at a time, start a reservation system and have moviegoers wear masks. it's ultimately up to the health leaders to give the green light for theaters to reopen. an east bay family serving up something good. each day outside of their home for families struggling this is a beautiful story, kris. >> yes, you can be little and help a lot. the sutton sisters in livermore open

minnesota companies, target best buy closing stores for damage or in anticipation of, nordstrom, walmart, cvs doing the same. many of the tech gave ants, apple, amazon facebook, microsoft condemning injustice of george floyd. hollywood, netflix, hulu, hbo some of many names issuing statements that are denouncing racism and a lot of companies are putting money and action where their mouth is, they're he donating to causes that support equal rights. melissa, back to you. melissa: lauren thank you. connell? connell: about to washington now as tensions mount between the protests movement and the white house. blake burman joins us coming out of the president's office today, blake? reporter: connell, tensions between president trump and governors as the president spoke to governors on phone call earlier this morning. at one point the president said following to many governors on the phone call, said, quote, you have to dominate, if you don't dominate, you're wasting your time. they're going to run over you. you're going to look like a bunch of jerks. you have to dominate. white house press sec

. >>> nordstrom is cutting over 3100 jobs at their local stores, the biggest layouts will be in san francisco, san mateo, walnut creek >>> the san jose police department under fire for the tactics it used during recent protests, while officers say their methods were justified. ♪ here's what we want everyone to do. count all the hugs you haven't given. all the hands you haven't held. the trips you haven't taken.a, one less person exposed, and one step closer to a healthier community. so for now, keep your distance. but don't lose count. we'll have some catching up to do. >>> southbay protest enlarged hundreds of complaints against the ose police for tactics volatile demonstrations of the past week. authorities say it has felt like a war zone at times and officers say they put their training to the test. >> in san jose in recent days, protesters dodged bullets and tear gas, also described being violently arrested by police.>> someone behind me yelled grab her and i was taken and grabbed from behind by two people and spun around and thrown to the ground. my knee split open. >> reporter: san jose

some stores needed more time to prepare, for example, nordstroms will open thursday. more than 6,000 people work at the mall, many of the employees i spoke with today say they're very happy to get back to work. reporting live, santa clara, marianne favro, nbc bay area news. >>> you can now shop inside stores in san francisco again. phase 2b, partial list of what's allowed. indoor retail, 50% capacity. nonemergency medical appointments. indoor services like house cleaners. outdoor fitness classes, small outdoor gatherings with social distancing and face coverings. may mayor browsed to mark the milestone, encouraging others to do the same. >> it's hard, those people not open are not collecting a paycheck, not earning a living. pemt are struggling. >> time to get back to support small businesses. yes, it's easy to buy online but also easy to go to neighborhood store. >> mayor said san francisco applied for variance from the state to open more quickly if it's safe to do so. vote on it tomorrow. >>> keeping track of what's open and closed can get really confusing. we broke

the nordstrom rack store still boarded up. mall officials say tenants will resume over time to normal operations. a few businesses and restaurants have been offering curbside pickup and all stores have to follow a new safety protocols if they decide to start in-person shopping. >>> a live look in santa theresa dmv in san jose. starting today dmv says all field offices are open, again. but services and capacity are limited. the dmv encourages you to use its online portal whenever you can. behind the wheel driving tests are still not available. the department says that it hopes to have all services available by appointment within the next few weeks. >>> also happening today, one of the largest parks in the south bay reopened. san jose's alum rock welcomes visitors this morning. but keep in mind there's going to be limited parking, drinking fountains are closed and no barbecues. and, of course, remember those social distancing rules. >>> well, up in sonoma county, more wineries and breweries are set to reopen their tasting rooms

the flagship store in seattle was also damaged nordstrom closed all stores on sunday with hopes to reopen as possible ceo and president put out a statement saying, in part, like so many of you, we have been deeply saddened and angered by recent events in our country, too many others reflect the deeply ingrained racial prejudice and injustice that still exists in our communities today. walmart has closed several hundred locations as a precaution, though most are not in city centers where a lot of this unrest was centered ceo said, quote, at a time when our response to the covid-19 crisis has brought out the best in us, what took place earlier this week is further proof that we must remain vigilant in standing together against racism and discrimination an awful lot for our country to deal with this weekend and the retailers are just among those trying to assess the damage and wondering how we move forward in a better way back over to you >> yeah, certainly they are. of course, these retail workers, many of whom have been working with masks on, been staples of the community so we can go out

the trouble was first reported at a nordstrom store. we have been told the police have locked down at least that store, if not the entire mall. shots were reportedly fired on the third floor. there are reports of one person injured. they are searching for the gunman. we are monitoring the situation. dweeb, again, this is dallas, texas. we'll have more on this as we get it. >>> a live look at our top local headlines an explosion and fire ripped through a business and damaged others in stinson beach. the blast happened on the top floor of oh sheen antic reality. the owner was late to work so that might have saved his life. no one was hurt and no word yet on what caused the explosion. >>> guilty, your honor, guilty, your honor. guilty, your honor. >> a total of 84 guilty pleas from pg&e's ceo today. it was for 84 felony counts of involuntary manslaughter in the 201 catch fire. the utility also acknowledged its old grid wiped out the town of paradise. the company will pay millions in fines and billions more in settlements to the victims. >>

not all of them are ready as you can tell from this nordstrom rack behind me. a few businesses and restaurants have been offering curbside pickup. starting today all sun valley stores have been told they have the option to start in-person shopping. sun valley's general manager told "east bay times" it's launching several new initiatives to keep people safe and health y, more cleaning and disinfecting, using a strong disinfectant when possible, more cloong in the common areas spaced out. california will be opening up its remaining 169 dmv field offices including santa teresa in san jose. started early this morning. dmv closed all offices march 27th and reopening in waves since may. the dmv director says you should be able to do almost all of your dmv business online. a small warning to shoppers as counties continue to reopen and more is done we are seeing rising coronavirus cases across the bay. governor gavin newsom said it was to be expected. that's why mask wearing and social distancing are still highland encouraged. here in contra costa new cases of coronavi

battles of world war shoe, from the japanese bombing of pearl bailey to thorming thbritches of nordstromsalso examine the key figures, like british prime minotaur windex chuckroast. u.s. president p.b.r., and italian dictator burrito morezucchini. it's all happening only on the hustory channel. and then stay tuned for "twice divorced truckers." >> it's "a late show with

sanctions over the nordstrom to pipeline project we're going to discuss that and then intense protests continue to take over many cities in the u.s. while g.o.p. members of the senate now unveiled their plans for police.

anger in the german parliament of the united states over threatened sanctions linked to the major nordstrom to gas pipeline project with russia head of the economic and energy affairs committee wants the government to consider countermeasures is the europe correspondent peter all of a. well this latest move by the united states has caused across the political divide here in germany earlier in the week because we have the german foreign minister saying that relations between washington and berlin at the moment worth of well difficult is how he described it and that was over donald trump's decision to pull u.s. troops out of germany well that relationship is equally as problematic when you look at the north stream to project washington is currently threatening crippling sanctions against companies that they're involved in not project that though is straight up a legal according to the chairman of the bundestag committee for economic affairs and energy. and we don't know what to do against companies but also gives governments it is an unlawful in the legal system in europe and there's also a g

statements or well produced videos supporting the black live matter movement from the likes of amazon nordstrom ben and jerrys mcdonald's and even nike almost every mainstream streaming service posted as well including net flix hulu h.b.o. max and prime video netflix has even added black lives matter as a content as genre corporate america is even putting their money where their mouth is to support the fight against an injustice and inequality bank of america has pledged 1000000000 dollars over 4 years and a commitment to support economic opportunity initiatives michael jordan nike and jordan brand pledged $100000000.00 over 10 years to organizations fighting for racial equality social justice and access to education wal-mart will commit $100000000.00 for the next 5 years to create a new center for racial equity and the list goes on and on with sony music group google facebook g.m. and many more promising tens of millions to the cause but we come to the question why now that didn't simulates this is an important cause but racial equality has been a huge problem this country throughout history a

often talks about you know the market deciding for itself is that nordstrom to self evident of the market demands. boot money this is capitalism the germans want to buy russian gas not because that's where enough or how big boots but because it's economically just to to do so that's what capitalism is supposed to stand for people making efficient economic decisions in their own interest absolutely if you can get a cheaper deal you go with that one simple as that well we were right there george galloway always appreciate your take thank you. and today the senate g.o.p. unveiled its plans for police reforms this fall protests continue nationwide against police brutality and later and sports regina hampshire some fight night highlights from top ranked boxing and make sure you keep up with all the latest news and anything you might have missed by downloading our brand new free app called portable t.v. you can watch there 247 will be right back. here thank you for finally. understand you're tired of networks. you. 'd seem to. as they are. no matter what. you know me 'd i'm famous for my views.

macy's, nordstrom, sears are all welcoming customers back in stores. the mall has been closed for more than a month amid the covid-19 crisis. with the reopening, shoppers will see signs reminding people to stay six feet apart and wear a mask. >> it will be interesting to see how many people are coming through and i think people have been in waiting for it. we will see if there are a lot of people. >> them all will have shorter business hours and it will be open between 11:00 a.m. and 7:00 p.m. monday through saturday and from 11:00 until 6:00 on sundays. a new study paints a dark future for retail and somehow the malls are readjusting. >> a worldwide are getting a research firm expects as many as 25,000 stores will close this year. 50% to 60 percent are in shopping malls. >> yes, it is a glum picture but i think the roll of the mall will change. that is part of what is interesting interesting. covid has just accelerated all that. >> the pandemic maybe an efficient killer. green street advisors said of the thousand or so remaining u.s. malls 380 are lik

your friends well george the us often talks about you know the market deciding for itself is that nordstrom to self evident of the market demands. this is capitalism the germans want to buy russian gas not because that's where enough or how. big boots but because it's economically just to to do so and that's what capitalism 'd is supposed to stand for people making efficient economic decisions in their own interest absolutely if you can get a cheaper deal you go with that one simple as that well we were right there george galloway always appreciate your take thank you. fran b c news is coming under fire for reportedly colluding with a british watchdog group there to smear 2 media outlets we're going to discuss all of that and then over sports regina hamm brings us highlights from 8 heartbreaking games for at least one team and it can be you and make sure you keep up with all the latest news and anything you might have missed by downloading our brain create app called portable t.v. watch their 247 watch me back here to. ah but no team no crowd. no shots no. action just belts because. you kno

more, the founder and leading national construction company responsible for those you know like nordstrom'se flagship and major renovation under way thank you for joining us how quickly do you think getting back to work is going to mean getting fully back to work does it mean movie theaters are at 25% capacity or does it hit the ground running >> what we are forecasting is about a two-week ramp up a lot of workers get climatized to new rules from the cdc, the state and the city we already had a little preramp up in projects that were deemed essential. we had about 1,500 to 2,000 workers ramped up. we are expecting being fully ramped upfrom yesterday's go live date. >> does that mean masks for your workers? >> masks cleaning stations. the big restriction on workers now is the vertical transportation elevators. once 20 people could get in the elevator now we'll see restrictions on that it means probably a longer day for us on site starting earlier, finishing later and not having too many people close in the elevators. >> your work your guys on the ground. it is hot, hard, heavy lifting are ma

one of the things like costco, nordstrom, starbucks, they band together to tell a story the came together to demand the generation provides better outcomes, the get it back to work, we want our employees back to work. neurologic systems, they are to be getting physical therapy and not going straight to the mri there is a huge role for physical therapy and this health world. next question is how is the patient's level of healthiness returned? how to judge how healthy a patient is. that is a terrific question. anything that involves money usually is something that is a source of dispute. the short answer is, their disagreements about how to categorize how healthy a person is but we have reached a standard role of calculating it which is really about we call it healthcare, risk adjustment. there are ways to do it better, there definitely some people may gain the system a little bit, of course they try to prevent that from happening. but we do have ways of estimating based on the patient's diagnoses, how many diagnoses they have, and other measures basically based on their medical records. ho

she is calling in big companies like whole foods and target and nordstrom's to pledge 15% of their shelves businesses. -- actually announced that was the first company to sign in. others toting for sign the pledge. it is important for companies to remember consumers are watching and they want to see commitment in long-standing forms. they are not afraid to call these companies out. >> just some data about some calls to defund. >> defunding the police, it is something we are going to be watching up until the election. it is important for people to remember, activistsyd are not calling for a complete abolishment of police departments. they want funds to be redirected back into the community. taken from police departments to go into things like housing and mental health support. lawmakers perform their own -- >> we have run out of time but .hank you to our quick take you doing okay? yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you mo

nordstrom up 13%. also, groupon. fore are coupons and deals brick and mortar foundations. those stocks surging. stay-at-home retail, not so much. email and etsy higher but really underperforming the other retail winners. this idea of stay-at-home stocks, reopening stocks, lots of tension. we'll be here to follow it. emily: interesting. i know that plenty of desks have been bought in this house. abigail doolittle for us in new york. the trump administration touting its latest proposal to get the economy going. bloomberg has learned trump infrastructure plan has called for spending almost a trillion dollars on infrastructure. most of the money would be set aside for traditional projects 5g some would be spent on projects and rural broadband. what is significant about the latest plan and what stands out to you? josh: we know that democrats have a proposal to essentially beef up and expiring law. we are not sure what president trump wants to do. did he want to roll something on infrastructure maybe smaller, or does he want his own thing? it looks like door number two. we know

companies from nordstrom to flit netflix or posting messages on twitter and facebook .pressed their outrage over the police custody death of george floyd. the company's call for the end of police brutality and all forms of racism in the united states. >>> in a phone call with governors, president trump told them to get tough on protesters. >> you have to dominate and if you don't dominate, you are wasting your time and they will run over you and you will look like a bunch of jerks. >> reporter: many governors are not happy with the message from the white house and governor newsom says his focus is on listening to the message coming from the protesters. >> i can choose to focus on the message that i think is more powerful and i hope your resident to the people watching. that is that i care more about them than some of the noise i heard on the morning phone call. >> reporter: presumptive democratic nominee held a mayor's roundtable yesterday discussing cyst is systemic racism and police reform in denouncing racism. >>> and working to bridge the racial divide with a nonpar

remarkable week when you look at the gainers, you have got american airlines up 80%, boeing, even nordstrom and gap rallying 30%. caroline: the numbers have been phenomenal, so to the nasdaq. we have got 67 for the average volume on the s&p 500. there was commitment on this rally. taylor: start with the chart i am showing you in my terminal. you asked about hedging activities. look at this chart, or the lack of hedging. people have an minding bullish call options, but not a lot of bearish put options. they are down very low. buying puts could have cost you a lot of money. that is why we are seeing this rally. i want to look at the individual movers, american airlines jumping after a 40% gain yesterday. they are seeing a 70% increase in demand. suspending in some markets because of demand. it was up 100% at one point earlier. i was chatting with remain, this is a -- romaine. typically an equity is worth nothing but if you are optimistic on travel, you are buying the shares no matter what they are worth. crude approaching $40 a barrel and tiffany's, a stock the three of us continue to talk ab

option and moving into wholesale for the first time in its 108-year history and will start selling in nordstromapeles and midwest sports dealer shields. back to you. >> i had to learn it is leon leonwood bean founded in 1912. good story there we are getting stories of malls opening and masks. do you have any early data about how nationally we are doing with people going out shopping even with masks on? >> data is coming in mixed in a survey, customers have said shopping is low on the list when they are talking about returning. the fear is still high they put shopping, particularly malls behind things like traveling. then we've heard from retailers including macy's and kohls and american eagle that have said traffic in our store is better than expected. we saw things getting stronger shopper track tracks literal footprints when you look at the u.s., traffic was down at 82%. remember, some retailers were able to stay open. now it is still down 44% i guess it has come back to about half we have a long way to go for that part, brian >> i did something tuesday i took yesterday off, tuesday night. i

i have a start up that competes with in order -- nordstrom, you know this is a huge categoryover women's intimates and most of it is still bought offline. so they are able to take advantage of that and compete with legacy businesses especially in offline kmert. i am very excited about them and i have a number of companies that are part of space exploration. they are 3-d printing, can sending a 3-d print tore mars to make rockets to come back to the u.s. i'm a huge boother of l.a., and my investing tends to focus on los angeles as much as possible. >> more evidence, mu buddy says his parents listed their home in allentown, pennsylvania, sold it that day for ask we have seen conflicting data about whether or not the purr ban flight is actually happening, do you think it is? what i think is happening and the data that i look at shows that people are moving to metro areas. the work from home trend is real why live in a city center when you could live 45 minutes or an hour away and expect that community only one or two days per week i'm less sure about people moving from new york to colorado

one interesting thing i noted you have major corporations from citi group to nordstrom, we stand with people who are concerned about this. that raised a level of consciousness. >> melissa: i have to interrupt you. we have to get other people in. emily, raising the consciousness, again what does that mean? that's like another one of those phrases, it doesn't mean anything. there is no solution. there is nothing tangible we can say yes, we did it. what are actual actions to make things better? can we change police tactics by saying you can't do a choke hold or this or that? what is an action that would begin to bring this to a place where people feel better? i got my pen. we want to do it. we want to help. what can i do, emily? >> well, i think you talk about raising the consciousness, the argument is to help amplify the voices that up until now have either felt suppressed or been suppressed and are not part of that national conversation. the voices are calling for specific action systems for police department which include better use of force policies and procedures. improved and stron

kohl's,s macy's, nordstrom's, tapestry.ould stay away from those, despite the temptation they have been beaten up so much. and i would stay with the proven lows,s, companies like .ollar general, cosco these are companies you might have to pay up for them, but they are the secular winners. and i think that is very clear. do you see this rotation playing out, and is it as we continue see growth to value, is it more from large caps to small caps? what is the next leg of this rally? term.ht, so rotation is a we would use the term participation. this market is broadening out. top 10s not just the technology names. it is starting to broad now. it is not as though everyone is selling microsoft to buy small caps. i think that is a very healthy sign. that the market is broadening out. having said that, markets do not go up in a straight line. we can expect pullbacks. we can expect corrections. but i think when we look out a year from now, stock prices are going to be higher than where they are today. consensus is for a second wave t

i'm sure you saw the news that virginia governor ralph nordstrom announced he would be tearing down the confederate statute in the city of richmond, including that of confederate leader robert e. lee. i want to do what you think of this. we seem to have been her before and have this conversation but i wonder if you like this time does feel different? >> it absolutely feels different. this nation, with the live in duality. that derailed as a constitution that states very clearly that all men -- and adding women -- are created equal or entitled to certain inalienable rights, but yet we have allowed a large segment of our population through our textile appropriation to celebrate the confederacy. that duality is alive and well not only in many southern states across the country. in the state of mississippi where i reside, the federal battle emblem is a bit in the state flag, the last flag. you go across the landscape, you will find many towns and municipalities named after confederate soldiers. that duality is inconsistent with being a patriot, looking at the constitution. that duality has

spoke with a designer that started an initiative for big companies like target and tostrom to -- and nordstromack owned brands. the first sheet parted with is the flora, owned by lvmh, which is calling for others to step up to the plate. we are also seeing it with media companies like netflix and hbo. amazon is also taking separate action. and fitness companies like crossfit. earlier this week the ceo resigned after a controversial tweet. companies are starting to get the hint that consumers want to hear and -- to see and hear from them that they are behind them in this movement. francine: how quickly can some of these changes actually take hold? much time will we have to wait? sephora saying that they will give 15% of shelf space to business owners that were severely underrepresented. how long do we have to wait for that to happen? jennifer: the designer i spoke with told me she is already having conversations with sephora, regular conversations, and they are hoping in the next few weeks it is not just a one-time thing. be aare hoping for it to long-standing relationship where they are holdin

nordstrom is higher by 14% abercrombie up by 7. kohl's up by 8% and gap up by 8.5% the you have dsw up 13%. tapestry and capri holdings that sell accessories, those are higher too bed bath and beyond. look at this name. this is often very volatile avs late up 16% this is part of that home related name group that have been soaring, many of them benefiting from the stay at home and fix it up trend. really an outperformer in the group here today back over to you >> what are retailers saying about the sustainability of the rebound? clearly, there was pent up demand and clearly after people were in their homes for months, they shopped then what? do we continue to see the strength in the month ahead? what do the retailers say? >> kind of like you were talking about before with the models and having it be so hard to predict. there is a lot of reluctance before we can point our fingerses on the trends becoming permanent. then if you want to talk even specifically down to things like the furniture or the home salers, after you have redone t

you have a lot of private ,ppointments, and then also what nordstrom is doing, closing big stores andhe hub model. they share inventory with local stores and you can pick up and returned there. nike is opening stores, imagine that, they are opening small format stores to accommodate their customers as well. the model is really going to change. people are going to move out of big cities essentially as well. how does that change the model? >> two things, if we see people moving out of cities and working at home, there is a fair amount of purchases on your way home from work, and also don't forget about the tourism piece of the puzzle. for major cities, particularly luxury brands, they can get up to 40% of their business in a major city from tourism. that is just not happening right now. really, we don't have any information on when leisure and spending will pick up again. if you think about the chinese consumer, they spend a much higher ticket when they travel on luxury than they do at home. if those dollars are repatriated home, perhaps they don't splurge as much because it is not the

well-known companies ranging from nordstrom to netflix are posting messages going on record expressingutrage over the police custody death of george floyd. they are calling for the end to police brutality and all forms of racism here in the u.s. >>> a report from cnbc that facebook, mark zuckerberg, will discuss the company's policies regarding several recent posts. hundreds of facebook employees staged a virtual walk out yesterday criticize the company's decision not to flag some controversial posts. >> more celebrities showing support with protesters who were calling for change. >> we need justice for george floyd. >> we have to make sure that once this is done we have to occur in it comes to police brutality. >> beyonce push for justice on instagram. model chrissy stephen is bailing out protesters and justin timberlake, steve carell among several donating to the minnesota freedom fund. >> good to be with you here, gasia. for the latest news and weather download the "ktvu" news app and we will see you here at four. doctor oz up next. and how it affected their relationship. >> i kept

nordstrom closed all stoesh sts of yesterday with the opens of reopening as soon as possible. the ceo putting out a ceo saying like so many of you we have been saddened and angered by the recent conditions in our country. the senseless deaths of george floyd and ahmaud arbery and others reflects the injustice that still exists in our communities today. walmart closed several hundred stores, that was mostly as a precaution as many of those stores were not located in the city centers were many of the demonstrations and political unrest and violence took place walmart's ceo did say in a statement at a time when our response to the covid-19 crisis has brought out the best in us, what took place earlier this week is further proof we must remain vigilant in standing together against racism and discrimination of course many more retailers are still working through what damage has actually been done and if stores are able to reopen and when we'll bring you those updates when we have them. carl, back over to you >> i guess the other point is a lot of these protests did blow out of the

this chart shows dick's sporting goods, nordstrom, simon malls and five below indicating a significant increase in travel with nordstrom still struggling to recover just a sign that the activity, economic activity, is picking up and art cashin earlier said something interesting as it relates to h rally, which has caught a lot o f people off guard. that was this there was this big fear that once the shutdowns ended, people were is still going to be too square e scaredu and book travel and go to restaurants and go to retail and the high frequency data is showing a different story. that there's pent up demand and a willingness to go out. nowhere near back the levels an still dealing with unemployment and a lot of economic losses, but you can see the trend is going higher and perhaps that's what the stock market is teeing off of >> absolutely. and tallies as well with the data and commentary we got from various bank ceos last week when they were presenting at conferences. the added point i would say is this doesn't require a vaccine to be successful, for example, to continue. maybe it does

neophytes are running smack into real sellers who don't like the odds, which is how macy's and nordstrom'sre all down double digits today. i can't blame the big dumb sellers or the little dumb sellers, business is bad retailers need to pay rent, interest on the net. and then the oils. many of these stocks had fallen to the single digits because russia and saudi arabia got into an idiotic price war the long climb back to low 40s created incredible short-term opportunities. that's why occidental and apache became crowd favorites the price of crude is coming back down. too much supply again in the permian basin just turn the spicot back on the lesson over the last few weeks, live by momentum and you die by momentum. and if you bought these stocks last week, that's all you were doing is chasing momentum. there's more "mad money" ahead including my sitdown with the ceo. and then i'm getting a clear picture of adobe and all your calls in "the lightning round. so stay with cramer. >>> the markets have become a heck of a lot more fun, as major averages have had their biggest decline since march 16

well-known companies ranging from nordstrom's to netflix are posting messages on twitter and facebookng on record expressing their outrage over the police custody death of george floyd and calling for the end of police brutality and all forms of racism in the u.s. >> the music industry is calling for a day of reflection in response to the death of george floyd. organizers of blackout tuesday. the plan is has take the show must be paused in support of this day of action. >> coming up. restrictions ease in marin county and the new freedoms businesses and customers now have. a big impact on the bay area rental market in the big changes they are seen across the market. >>> new this morning. president trump and first lady melania trump went to a shrine honoring pope john paul ii. the latest ceremonial wreath and observed a moment of silence. the visit is part of an effort to focus today on religious freedom. he is signing an executive order to advance international religious freedom . >> the world health organization says healthy people should not wear masks. instead, the w.h.o. is advisin

they went into the apple stores, nordstroms, they know which stores to go to, they ransacked the place, literally walking out with millions of dollars of merchandise. they would fill their trucks and their cars with as much stuff as they could possibly put in it. why wouldn't the police block those cars from getting away but the police took a very passive position. my point is, i think it will be really hard for some of these retail, especially in inner cities for the retail sector to come back. melissa: the other really big problem is right now a lot of people are trying to decide if they're going to come back to the city. they're trying to see if the schools are going to be open. they're not here. i talked to many families who are out in the suburbs, have gone to some much their location, this sealed the deal not to come back. one of the really dangerous lessons our mayor and governor here in new york have taught us is that we don't actually need to work here. we were all under this belief that the only way to earn the kind of income we wanted to do the jobs we wanted if we physicall

clothing names are surging nordstrom shares up 15%. koh kohl's up. gap is up.of dsw designer brands is surging almost 15% tapestry higher by 6%. up almost 15%. it's among the home names that are soared over the last three months all benefitting from this stay at home and fix it up kind of trend. kel, back over to you. >>> another group of stocks rallying could ben fits from a $1 trillion infrastructure package that the president is working on >> talk about those desicisive market moves. very decisive moves. you can see they are 5 to 9% on the upside here. over the last three years it hasn't moved that much and the peaks and valleys have coincidesed with the head lieli. one more thing to take note, this particular etf, the global sfr infrastructure etf, the ticker igf has a lot of global power, energy and yutility name back over to you >> on this same issue about the infrastructure plan, even pour a little cold water on that this morning and the stocks are still jumping. it's almost like they are looking for an excuse to rally >> they have been although i would