it's part of a larger restructuring plan at ralph lauren. and it's official, popular center city dining spot little pete will close for good may 29th at 11:59 p.m. the 24-hour diner has been served customers for nearly four decades. the building is being torn down to make way for a new hotel. >>> well, next on nbc 10, celebrating the ultimate gift of life. hear from one woman who's donated parts of her body to save others. >>> oh, and denise, enough of the blustering conditions. i'm tracking a warm hp up for the work week. details coming up. we'll see you on the other side of the break. dear fellow citizen, i know what it's like to want to relax with your family. but enjoying today doesn't mean losing sight of tomorrow. so while i invest in "the now" my mortgage, vacations i still invest in the future, like my children's college tuition and retirement. i can help you piece together your financial journey for today and tomorrow. if you have a question about investing, ask me. sincerely, amanda etheridge, fellow planner and fellow citizen. >>>

she may have been trying to emulate that with this ralph lauren powder blue skirt suit on inaugurationike the outfit mrs. kennedy wore on inauguration day. her hair was kind of like mrs. kennedy. she had gloves and matching pumps. >> it was a knockout. i couldn't walk down pennsylvania avenue in those stilettos however. >> she is developing what you might call a signature style. it is very simple, classic lines. what she wears does not distract from her. and so one always is focused on her face and her hair. >> how do you put up with -- >> she likes bright colors. she likes very simple clothing. you know, often sheath dresses. generally now sort of round necked and fairly covered, and it is actually not very trump-ian or what we think of being very trump-ian. it doesn't match the versailles look of the apartment for example. >> on election day she wore a simple sleeveless michael kors with a coat draped over her. >> it is the jacket or the coat slung over her shoulders, not actually with the arms through. it is a very new york look, very cool, very collected. >> on election night she w

it's very collected. >> reporter: on election night she wore this $4,000 ralph lauren one-sleeved pantsuitd gabbana dress and at one inaugural ball, this dress she helped design. can the american woman relate to her? >> i don't think the promise of the trump administration is about being every woman. they really hold themselves up as aspiration, as something that everybody should want. and, you know, melania is that trophy. >> an amazing mother, and incredible woman, melania trump. >> reporter: for her speech at the republican national convention, she stepped out in this pricey cotton silk dress. a few nights later, this white fendie dress with hand embroidered mink and crystal detail she's reportedly bought online at netaporte. for mrs. trump a few fashion missteps. >> we're seeing her undergoing a crash course in first lady 110. the derek lamb sweater photographed was slightly sheer. that's a little racy for a first lady, and probably wasn't intentional. >> reporter: and that dress the first lady wore on red heart day -- >> they hadn't thought through what it might say she was waying a f

the closure is part of a larger restructuring plan at ralph lauren. the center city store will be open from noon to 5:00 today, and then that's it. the bellevue streets. >>> in new jersey is to the bea we go into the10:00 a.m.frzing >> giving back by giving a voice to someone who communicates differently than most. ahead we'll take you to the campus of villa nova university to show you how engineering students are working together to help somebody else. still breezy through the mng closer to what they airporti . if you can wait until thetempat8 e are clear as c cleara pattern in place,at l town with wilmington. wind gusts are going to be something we have to focus in on. they are starting to die down as we speak. you see they really drop off. calm to five miles per hour. not going to notice it much by this afternoon. even overnight and into your monday, monday he will start to see a change, light to a little breezy by 6:00 p.m. but this increase in value you'll really start to note by tuesday morning where we have gusts 20 to 25 miles per hour. they c

. >>> polo ralph lauren store at be bellevue is now out of business.ernoon. part of restructuring plan. >>> shore ride raises big bucks for little hearts at children's hospital of philadelphia. first ever philly spin in. dozens of people hopped on stationary bikes for a party. almost 200,$000s raised to help the patients. >>> two of the most promising prostars in philadelphia met with fans this weekend in king of prussia. posed for photos and signed autographs at a sports show. asked about chances of getting help at wide receiver. >> see chance. it's an exciting time of year with free agency. always trade rumors. the draft and combine just a couple of days still going on. exciting time. i remember just a year ago in that situation. a lot of uncertainty for those guise. >>> eagles won a coin flip last week. 14th pick in the nfl draft. >> happening now, the world baseball classic is underway. the previous. israel is taking on south korea at korea's home turf. pitching for team israel. 16 team international tournament will be played in japan, mexico, u.s.

. >>> the ralph lauren store is officially out of business. the store closed today at 5:00 and the close sure is part of a larger restructuring plan at ralph lauren. >>> well a big workout helmed little hearts at the children's hospital of philadelphia. this is the first ever phillies fit in where dozens hopped on stationary bikes to benefit young patients at the cardiac center. >>> well, a five-year-old girl out of tulsa is making history as she heads to washington, d.c. to compete in the national spelling bee. she spelled the word to help clench her spot as the youngest person ever to compete in the spelling competition. remember, she is only five years old. this little champ beat out 53 other students between the ages of five and 14 to win her region. her mom says she discovered her daughter's talent for spelling just last year. >> she is very honestly very bright. we were amazed to find that she really has a knack for spelling and can remember words that she's seen and very easily. >> amazing. she is home schooled by her mother and we wish

>> caller: with the recent step down of ralph lauren's ceo is right now the right time to buy ralph lauren corporation? >> you know, here's the problem. look, i no offense to ralph. it could be any apparel company. apparel is a tough, tough business. my dad sold gabber deens and my mom sold women's launch ray so i know where of i speak. it's too tough. we got so many other areas that are going great. why do we have to go into ladies lingerie and men's apparel? my father sold gabber deens by the way. do they make gapper deens? no. quinton in my old home state of pennsylvania, quinton. >> caller: how are you doing, jim? >> i'm doing great. how about you? >> caller: i'm doing great. thank you. >> there are a couple guys sitting around being great. >> caller: my question is dell taco's quarterly reports are coming up and the stock's been dropping. is this a good time to buy? >> no, man. that taco game is a tough game. geez, i mean even my buddies over there at the chipotle, they're making a comeback. they've got another four months. but taco and the fiesta restaurant group, no. look, if i have

. >>> back in our area, the polo ralph lauren store at the bellevue in center city is closing as partlarger restructuring plan. the store will be open from noon to five clock today. potential tenants have been looking at the space at broad and walnut streets. >>> today marks the anniversary of a philadelphia police officer's murder. we'll show you how sergeant wilson is being remembered. that's next. >>> talk about a dramatic rescue. we'll show you the efforts it took to save a stranded skier swept away in an avalanche. at ikea, we believe that everything you need should be within reach. that anything that matches your taste can match your budget. that green living doesn't have to cost much green. we believe that you should always have room for the little things. and that your dream kitchen should work as hard as you do. save up to 20% at the ikea kitchen event. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's 10 times faster than slow interne

the polo ralph lauren store now out of business. store shut doors yesterday afternoon.sure is part of the company's restructuring plan. >>> short ride raises big bucks for little hearts at the children's hospital of philadelphia. first ever philly spin in. dozens of people hopped on stationary bikes. almost $200,000 was raised to help young patients at the cardiac center. >>> take a live look outside in center city. we've got sunny conditions right now. clouds will be increasing. temperatures rising. we have a chance of rain in workweek forecast. take a look at all of it coming up. >>> good morning, matt delucia live at philly international. coming up after the break, look at one of the changes that could come from revised travel ban. could see as early as today. >> also the queen b. there she is. five-year-old making history. letter b. letter. ♪ ♪ pennsylvania is getting the law requires many to get their child abuse clearances. are you one of them? if you're a coach sunday school teacher a scout leader camp counselor many people who work or volunteer with children may

ralph lauren. restoration hardware. >> i'll tell you why. you've had five major executives leave this company in the last 12 months. that's a company that i think is moving in a direction that will stabilize. i think underarmour gear and some of this is heavily discounted. i think that's a problem for the brand. >> tj maxx. >> can i say one thing? unless you're like an argentinian footballer, you shblt be wearing adidas. >> why? >> because i just said it. >> have you gone to a soccer field in the united states? >> i have not. >> the only guys wearing adidas, bfs 30 years ago. >> in my adidas. >> that's just a psa from your "fast" moi money" friends. >> does that mean you won't wear adidas? >> is that a contrary indicator though? >> it could be. >> right. until the day you snap. speaking of this, still ahead. snap bouncing back. is tight expensive to own? roger mcnamee is here to weigh in. in the meantime, here's what else is coming up on "fast." >> rates are taking off and that could be great news for three sectors in particular. we'll expla

. >> another thing you like is ralph lauren. stock is down 50% in the last two years. why do you think now is the right time to get in? >> the margins fell from 16% to 7% during the last five years. it's a value stock. wall street consensus is bearish. the ceo left in february. but we like the restructuring plan. they have a plan called way forward. they want to create leaner inventory, close 25% of point of sales. we believe in the brand. we think it's a cheap stock. the enterprise value is 6 billion, trading at 0.8 times sales. we think it's a cheap stock and the brand is not dead. they have a big opportunity also in asia. only 10% of sales are in asia. we think it's an interesting con tearian play. >> what about broader asset allocations, specifically when it comes to equities in the aftermath of the triggering of article 50 and the failed healthcare bill. where do you want to put your money in light of the european elections. there's a lot at play. >> for brexit, we think it's very difficult to play. article 50, almost a call on the pound. are you bullish or bearis

may have been trying to em late that with ralph lauren powder blue skirt suit on inauguration day. >> looked a lot like outfit mrs. kennedy wore on inauguration day. her hair was kind of bouffant like mrs. kennedy. she had gloves. matching pumps. >> it was a knockout. couldn't walk down pennsylvania avenue in those stilletos however. >> she is developing a signature style. it is very simple. classic lines. what she wearing does not distract from her. >> and so one always is focused on her face. and her hair. >> how do you put up with it. >> behaving now. >> she likes bright colors. she likes very simple clothing. you know, often chick dresses. generally round and fairly covered. not very trumpian. doesn't match the versailles look of the apartment, for example. >> on election day, she wore a simple sleeveless michael kors with a balmain colt swung over her. that's the quinlook. flung over shoulder. very fool. very collected. she wore this she helped design. >> american woman relate to her. promise of trump administration. #. >> thai really hold themselves up as aspiration as what you

we have ralph lauren on the high end of the rally, along with gap and abercrombie & fitch.h for the retail space, plus nike. nike, yesterday, had a rough day. the had its worst day yesterday since june the 2012, down 7%, but today, a nice rally. up 3%. it's best day since december 7. the reason the q was down, new orders were below estimate -- nike was down yesterday, new orders will -- were below estimates. i looked for analysts defending the stock -- did not see any. nonetheless, the stock is seen a rebound here. let's hop into the bloomberg and look at retail versus the s&p 500 since the election. g #btv 6060. investors --nking consumers would be on a spending tear. behold, retaild started to trade down, especially on the border tax proposal, and the tough retail environment. quite a divergence at this point with retail down slightly from the election. if b 500 up. detail of debt the s&p 500 up. i tell of two cities. oliver: let's talk about sears -- the copy doing -- on doing a bit of a plunge after doubts about its future today was report said week earnings will hinder

ity -- he looks like a ralph lauren ad. >> i love both you guys. it's been a real privilege keeping charlie's seat safe but i also love my pillow and it will be nice to get reacquainted. >> it was a great transition. i feel we've all bonded. don't act like you don't know it. >> charlie returning is news. it is president trump's 50th day in the white house. he and aides are mounting a court press for their health care plan. >> vice president mike pence will meet later today with groups that oppose abortion. cbs news says pence will tell them the white house is committed to stripping all federal fund from planned parenthood. major garrett is at the white house. >> reporter: good morning. president trump and his team are pushing the plan. they will also discuss federal funding of abortion either through medicaid or tax credits in the underlying health republican bill. >> we have some real experts with us. >> president trump said nothing about on the fate of the bill but just after he went to twitter where no questions are asked, no skepticism exists.

. >> he looks like a ralph lauren ad or looks like he stepped off a tennis court. you've seen him, too, norah. >> had lunch with him. he's been wanting to come back. we said take your time, take your time. charlie is back. anthony, it's been so great to have you here. >> i love both you guys. this has been a real privilege keeping charlie's seat safe. i love my pillow and look forward to getting reaquainted. >> norah is right, you've done such great work, a seekleamless transition. >> i feel like we've all bonded. >> let's get to the news. it is president trump's 50th day in the white house, he's getting good news on jobs. the labor department just announced employers added 235,000 jobs in february. the first full month of the trump administration. the unemployment rate fell to 4.7%. the president and his top aides are mounting a full-court press to get conservatives to support their obamacare replacement plan. >>> vice president mike pence will meet later today with groups that oppose abortion. cbs news has confirmed that pence will tell them the white house is co

they top other long-time billionaires like fedex founder fred smith, ralph lauren, sumner redstone andown about 10% of the company, remember they have the super voting shares so actual net worth could be more than $5.8 since their voting shares carry a premium. but the ipo is also a big wealth creation machine for other investors, mitch lasky of benchmark shares now worth of $3 billion. they cashed out of about $180 million yesterday. lightspeed was the first to back snapchat and their reward is at $2 billion stake. and michael lynton and former sony exec and former imran khan. they have a way to go to catch up to mark zuckerberg at 32 worth $59 billion. and the google guys they're like old wealth now, they're at $42 billion. so $5.8 for bobby and evan. still a ways to go but pretty good week for them. >> good stuff, robert. what an amazing story with so many angles. our robert frank back at hq. when we come back, taxes and budget in focus. rick's going to sit down with the former director of the cbo. take another look at shares of discount retailer big lots. beats estimates announces

lauren jeska, who's transgender, attacked ralph knibbs with a knife after a row about hormone tests.he also wounded two it was the kind of mystery detectives hadn't been faced with for 20 years. a man, who travelled more than 5,000 miles, to apparently kill himself. found on saddleworth moor with no phone, no wallet and no way of identifying him. in fact, it took the authorities over a year tojust find out his name. 0ur correspondent, judith moritz, has been at today's inquest into his death. saddleworth has a stark beauty its reservoirs and poor land set against pen nine skies. people come here to walk, to sail and to cycle, but one came here and died. this grainy man came here and died. this grainy film shows david lytton at a wedding. there's very little footage of him and his identity was a mystery for so long the best image available of his face was an artist's impression. he travelled from a different world, 5,500 miles away in pakistan. we now know that although he was from london, he had been living here in a suburb of lahore since 2006. translation: he was our neighbour. he

lauren jeska, who's transgender, attacked ralph knibbs with a knife after a row about hormone tests.p down from his role by the end of the year. in a statement the broadcaster said mr abraham will remain in hisjob until a new chief executive has been appointed and is in post. it was the kind of mystery detectives hadn't been faced with for 20 years. a man, who travelled more than 5,000 miles, found dead on remote moorland. he had no phone, no wallet and there was no way of identifying him. in fact, it took the authorities over a year tojust find out his name. today an inquest finally learnt more about what happened. our correspondent judith moritz reports. saddleworth has a stark beauty, its reservoirs and moorland set against pennine skies. people come here to walk, to sail and to cycle, but one man came here and died. this grainy film shows david lytton at a wedding. there's very little footage of him and his identity was a mystery for so long the best image available of his face was an artist's impression. he travelled from a different world, 5,500 miles away in pakistan. we now k