stock was up nicely on the news >> you know how to do it >> and for us it's a major win because rue la las models. >> they were appealing similar groups rue la la and gilt, there's no overlap in w their clientele is really. >> i'd say tj maxx and marshalls probably had a similar bit the demographics of the customers are similar. generally a younger customer, under 40 years old makes more than $100,000 a year. but what's interesting for us if you think about it, rue la la has 600 full-time people that wake up every morning, go to bed obsessed about getting the best experience for their members we're going to add 150 employees to bring on gilt into the rue gilt family. we're going to be able to run that entire business with efficiency i just looked. i was amazed tj maxx had less than a billion dollar market cap when they bought marshalls look at the incredible business they built we have the same opportunity the business is doing amazing. a lot of times people think the private sale space isn't doing well we believe there's now four global players and we're one of those in the global busine

investment returns closing lord&taylor, closing those ten stores at the same time selling gilt to rue la la part of it is because they got themselves into this position where they are a little over >> they still have that prize of the real estate gem. guys, we g leave it there. >> thank you foroining us. >> coming up, an amazing play from the women's college play. the state of delaware is now up and running with legal running, will it be a win fall we'll ask the governor, john carney next on "power lunch. oh, not so fast, carl. ♪ oh no.chwab, again? index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost index funds in the industry with no minimums. i bet they're calling about the schwab news. schwab. a modern approach to wealth management. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an a