macy's needs showrooms. best buy needs showrooms.ce to show the goods and a way to sell and deliver them to you. stacy, do you agree with that >> i don't totally agree with that, jan, sorry. i think that in some sense if you want to show the power of the brand and you want to demonstrate the product. having a showroom, a couple showrooms, a pop-up showroom, fine, but to roll out a retail concept, you know, when clearly this -- the hardware, the margins are coming down which is why best buy is price matching, i don't think it's the right plan. >> talking of best buy, and maybe this should have happened last year, brian, when it was your cnbc stocks draft pick but best buy, a guim of upgrades here. is this warranted, do you think, jan? >> i've liked best buy for a little while ever since hubert jolie got in charge of running things. he's got ideas, ideas that can make them more efficient, and i think there's still a chance they could be bought out. either way you could like owning the stock. you know, they are pretty beaten up. >> stac

gerri: you kw, this surprised me, i thought that everyone did showrooming, but i'm wrong, said 6% oftomers abandon in store deals from elsewhere. is it higher? >> hard to tell, if too many people take advantage of this, best buy and any other company that gets involved in this, could be in trouble, they operate on razor thing profit margins. so, you know, the percentage that generally take advantage of low. but it gets a lot of publicity, look at what we're talking about. gerri: we had a full screen on this. john -- amazon beats brix and motor a motor, youare right, i think n the money we'll have to pay attention to best buy now, they will be in the running. >> absolutely. gerri: todd thank you. >> my pleasure. >> all right, this sunday, producers behind "argo," lincoln and 7 other films are vying for best picture of the year. joining they list compiled over last 85 years. the best, best picture and that is to note a top 5, number 5, all about eve. this is a fantastic movie. only move to earn nomination for 4 actresses. tells story of a aging broadway star. >> number 4, annie hall. w

all make for busy showrooms. and a willingness to replace cars with high miles. >> people are just happening to spend too much money on the repair shops and time to get out of the old and into some of the new. the gas savings on these new cars are fantastic. >> reporter: every car maker are fuel savings. there couple did their research and bought an accord. >> i saw the sales everywhere online, on tv. i thought we have to go. and they gave us really good deals. >> reporter: an older v8 traded in for a crv that will go three times as far on a tank of gas. >> they see a big upturn compared to what last year was. we're about probably 15 more units ahead than what we did last year so i can see the economy is coming back. >> reporter: consumer confidence wasn't an issue for this buyer he racked up 72 miles on this new truck on his test drive taking it home for approval. his chief economic indicator making his trade in -- >> especial lip -- especially when the wife says i can. >> reporter: these president's day sale pr

. >>> there are more than 700 vehicles on the showroom floor at the washington convention center. today marks the beginning of the 2013 washington auto show. if you want to do a little window shopping there this year, there's a luxury showcase with lux cars from different manufacturers. lots of different technology. see it all at the auto show now through february 10th. >>> don't miss our special tomorrow night, "inside the washington water show." join veronica johnson and zachary kiesch for some of the coolest cars on the showroom floor. >>> i saw one convertible in that bunch. we might have to wait a while to take the top down. >> love the top down. >> you might have to wait a long why. the first part of this winter started off -- yes, we hit 72 on wednesday, but that was such a long time ago. right now the windchill, what do you think it might be right now? >> 20s? >> no. >> 30s? >> wrong direct? >> 16! >> whoa! >> 16 is the current windchill. look at they numbers 29 is the current temperature, but here is the windchill of 16 degrees. winds out of the northwest at 21 miles an h

all make for busy showrooms. and a willingness to replace cars with high miles. >> people are just happening to spend too much money on the repair shops and time to get out of the old and into some of the new. the gas savings on these new cars are fantastic. >> reporter: every car maker are fuel savings. there couple did their research and bought an accord. >> i saw the sales everywhere online, on tv. i thought we have to go. and they gave us really good deals. >> reporter: an older v8 traded in for a crv that will go three times as far on a tank of gas. >> they see a big upturn compared to what last year was. we're about probably 15 more units ahead than what we did last year so i can see the economy is coming back. >> reporter: consumer confidence wasn't an issue for this buyer he racked up 72 miles on this new truck on his test drive taking it home for approval. his chief economic indicator making his trade in -- >> especial lip -- especially when the wife says i can. >> reporter: these president's day sale pr

showroom or no. hummer and this attacker.living in the netherlands a new vista decker he was the head of philips one of the largest companies in the country. and i was the head of volvo a car producing company. and showman nor was the head of lee honest as all very large french automotive national. so the authors of this report were three c.e.o.'s from some of the biggest companies in europe. it was a political manifesto written by d.c. industry leaders. it was stunning was that these days free c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change to do good the phase of europe. the spirits are great i finished my job in the commission in april nineteenth one thousand. and ninety decided that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look to below beast. and next. year. would. be i have worked a. long time nine years in the open banking for duration and i started also to discover. an addition

showroom or no girl in a hummer and visit decker.living in the netherlands a new vista decker he was the head of philips one of the largest companies in the country. and i was the head of volvo a car producing company. and showman nor was the head a really honest or very large french automotive national. so the authors of this report were three c.e.o.'s from some of the biggest companies in europe it was a political manifesto written by this industry leaders. oh it was a stunning was that these days free c.e.o.'s would would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. for. an experience that. i finished my job in the commission in april nineteenth one thousand. and ninety cited that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look to be obese. or at. least. used to be i house worked. a long time nine years in the open banking for duration and i started also to discover an additional work to eur

showroom or no girl in a hummer and this attacker.living in the netherlands a new vista decker he was the head of philips one of the largest companies in the country. and i was the head of volvo a car producing company. and showman nor was the head of lunesta so very large french automotive national. so the authors of this report were three c.e.o.'s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was so stunning was that these two three c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the to the face of europe. europe and so. i finished my job in the commission in april nineteenth one thousand . and ninety decided that maybe suppressed place is actually where the money is so i went to europe in banking federation. and i started to move to below beast. which. means to be i have worked a. long time nine years in the open banking for duration and i started also to discuss. an additional work to europe

it is projected a jump in sales, so the dealership renovated its showroom.t achieved its sales target last year, 2,000 units for the first time. >> translator: everything about japanese cars is good. they are comfortable and economical. if you want to buy a car, i recommend a japanese one. >> reporter: sports utility vehicles are big sellers. they're useful on the icy roads that are common in russia's far east. vehicles are aut $100,000 each but account for 80% of the region's overall sales. >> the markets for new cars in many advanced economies are saturated. but there's still room to expand in russia. so i expect much more growth. >> reporter: to cash in on the growing demand in russia for brand name cars, automaker from the u.s., europe, south korea, and japan have expanded to russia. these companiesre also stepping up local production. this factory in vladivostok assembles toyota vehicles. the company is a joint venture between mitsui and company and russian auto maker solis. it plans to make 12,000 units a year. to have set out the plant toyota sent out

is probably going to say -- >> now, it took the people a few minutes to back the car out of the showroom was actually able to drive a lamborghini. >> what was it like? >> it was [ bleep ] ridiculous. >> to tell us about these adventures they've been having, we have mik from australia and bobby from sweden "right this minute" via skype. >> hello. >> what was it that started this bromance off from the beginning? >> well, we met up in school. we were in tokyo, and we basically just became really good mates. after we left tokyo, and we both got good jobs, were working the normal corporate life and weren't satisfied basically and we needed that little something else in life. >> what makes each other a good travel partner? why are you guys such a great fit to travel the world? >> because we're so flexible, i think. usually when we go travel, we don't really try to plan anything, and we just kind of go with the flow and figure it out along the way. >> turn up to an airport, no plan and go wrmp the next flight is going. when you're in the airport, you're telling people about that, they're like w

please follow me to the real showroom. >> yes. >> my finger is caught in the vent. >> hey, where areo balls? i was gonna go to the gym later, so i deserve a treat. >> oh, miss lemon, we can't have coconut products out anymore because of staff allergies. >> what? no, allergies are psychosomatic. the only reason i'm allergic to dogs is because one bit me the first time i got my period. >> no, allergies are real. if i have a strawberry, my throat shuts up faster than a girl in math class. >> i didn't know you had allergies. you know if my cousin stephanie eats a walnut, her throat shuts up faster than a filipino at a-- >> guys! come on. not okay. >> oh, i'm sorry, mr. rossitano, no unauthorized food. >> don't worry, no food in here, kenneth.

back to american consumers, the diesel chevy cruze will start hitting showrooms this april. what's different today from general motors chevy's diesel cars back in the 1980s? >> they don't smell, they don't smoke, the don't clatter, they're quick. >> reporter: while clean-diesel technology has come a long way, g.m.'s still treading lightly. >> we are being very cautious about the market and the demand for the market. it's a big change within general motors that's happened in the last couple of years to say, let's not overbuild, let's understand the marketplace and try to build to where the demand is. >> reporter: it appears other car makers are also pinning their hopes on diesel. jeep is launching a diesel grand cherokee. mazda will have a diesel mazda 6. already, v.w. has had success with diesel versions of its passenger cars here in the u.s. one big reason g.m. expects the cruze to gain traction among u.s. consumers, climbing gas prices. >> people spend a little bit more for the hybrid car, the electrified car, because they know it's going to pay them back over time and we'

analysts say best buy has been suffering from something called showrooming. that's where people go check out an item in the store then go home and get the best price they can online. two of the biggest office supply stores reportedly talking about a merger. the wall street journal says office depot and office max are in advanced talks and that an announcement could come later this week. if a merger goes through, stores located near each other would likely close. together those two chains have some 2500 stores. family is lucky to have escaped uninjured after a massive tree came crashing down on their home this afternoon. this happened just before 1:30 on alameda diablo. the 300-year-old oak tree caused extensive damage toth home and three vehicles. the tree is thought to have a disease that weakened its root system. workers say it'll take them another day or day and a half to completely remove this tree from the property. >>> uc berkeley basketball coach mike montgomery is apologizing tonight for pushing one of his star players during sunday's game versus usc.

they want end what's called showrooming where a customer goes out to check out the product in person a cheaper product online. best buy has struggled with this recently and discount online companies are luring their customers away. >>> let's take a live look at san francisco, and now we have a better view where the sun is trying to peek out, but lots of clouds in store. big changes coming from the weekend. >>> and we are just the days away from the beta breakers may 19th. >>> how does the new technology work? >> we are getting straight to the fat cells stimulating them to release their content. the fat cell shrinks and so do you. >> how does this compare with other technique ins. >> those are aggressive techniques. this shrinks them. >> you want them out of your body. >> well, your body is genetically encoded to have a number of fat cells by the time you reach puberty. >> what about results? what can i expect to see as a result of this? >> well, we are seeing 1-2- inches coming off with one treatment and 9-20 over the course of treatment. >> why is it harder to lose weight? >> well,

best buy plans to institute this guarantee march 3 as%a%fv n effort to fight what is called showrooming consumers come to check out items then purchase them over the internet. >> facebook will not owe taxes on its $1 billion in pretax profits and getting a half billion dollar refund. one group says facebook is using stock options to investors and employees for the writeoff. facebook received tax refunds because of stock awards to employees. the company declined to comment on this tax break. >> burger king apologized for bogus tweets after hackers took over its account with mcdonald's famed golden arches. hackers tweeted we just got sold to mcdonalds and some tweets included racial insults. burger king didn't know who is hinld the hacking. and twitter is changing the way we apply for jobs. usa today says some are use sog called twitter views instead of a formal interview companies tweet out a question and you tweet back an answer. one employer says companies can learn about the personality just from tweet oosz they want to learn about us. >> can you do weather? >> i can't say my name but

look, they closed a number of stores and they're still room for a showroom.i look at the stock and i think, well, what is going to happen next? we're going to upgrade radio sho shack? i spoke out that these stocks got very oversold. they're just bouncing. >> but in terms of the end of showrooming, can this actually -- i would imagine this would be a huge weight on margins. they have to actually go out and match the price of an amazon. that could be a significant dent in margins. so at least short-term are we going to see that in the stock? >> i think that a lot of -- a lot of these kinds of upgrades are a sense of -- you know what? they're not going out of business. and that's not enough to buy. you were talking when we left out strauser, when it got to the bottom, he did say, look, that was a better quarter. and that's what people are reacting to. there are product cycles out there that are important. so i want to buy best buy. do i want to buy office depot? office max? no. i would like to circle back to other things. there's a note on peier one thi morning.

this january more people in showrooms in china.ust general motors reporting strong sales in china. honda, nissan, a number of other automakers having positive comments pout what's happening in china. look at the market overall in terms of sales strength. that's what they did in january. nissan, honda, gm up 16%. look at, this guys. everybody says, sales are slowing down in china. no they are not. they are going to be 21 million vehicle sales in china this year. that's the estimate from lmc auto, that's sold around the world. the bottom line, off to a strong start in china service auto industry. it will be interesting to see how much it slows down in february. they are expecting strong growth of 21 million. >> that's actually fraction, larger than the driving age. what are real estimates on how big china can be. you're going to get to the point where the average chinese worker makes about $5,000 u.s. dollars a year, you can't sell anything that's costs more than a couple bucks. >> the estimate is you will eventually see annual sales

the line will be based on the post office uniforms and displayed in a showroom in new york city with the goal of eventually selling in high-end department and specialty stores. they say that will put them on the cutting edge of functional fashion. now, look, i'm a fan of the post office. i love catalogs. the physical ones that clog my mailbox, i love them. it might not be a good sign when the people most associated with your clothing brand is that guy. the post office thinks they have a new take on fashion. the postal service spokesperson says yahoo news it will aim well beyond baseball caps, but wearable lex tronks. now, that's pretty cool because where are you going to find technology like that? well, except for almost every other jacket currently available. now, the post office doesn't have a reputation for being too speedy, so it might be a good idea to jump on a trend that was launched more than 30 years ago. what makes the post office so confident? maybe this. today we spoke with andrew burns, a retail analyst for da davidson. he said overall integrating technology into clothin

i think the company's viable instead of being what some call an amazon showroom. either way we want to know about the consumer's discretionary spending post-higher gas prices as well as the end of the payroll tax holiday and since everything at best buy's discretionary i think they're going to give us a good read. we have to listen to kohl's, which you know is where i get my socks. even if they don't have the best stock. they do have the best socks. now, we know that like best buy there are rumors of a leveraged buyout coming here too. frankly i don't care, i don't believe it and i don't want to get sucked in by it. however, i want the read on the consumer for certain. finally we get the most controversial retail name of all. deckers. ugg. i've been saying the worst might be over for uggs. or that vf corp. should buy deckers to revitalize them. the stock's pulled back from 44 to 40. big inventory build of the once red hot boots. i like it in the mid 30s. right now it's in no man's land but i still believe the stock could be -- barrage. let's watch how can depresse

the move is part of an effort to stop showrooming or when consumers check out items on stores and buy. best buy will match all local competitors and 19 major web retailers, including amazon and walmart.com on nearly every item bought in its stores or from it website. that's the latest. back to you. >>> seema mody. thank you. >>> we know that some storms are moving in. this picture behind us, that's a live picture of the sun mixing had with the clouds. tom kierein is here. take a second to take that in. it's gorgeous. >> a fiery flaming sunrise coming in. that's about the last we'll see of the sun this morning as the clouds are closing in. there's a brief beautiful show there. live view from the hd city camera. right now, at reagan national airport, which is in the foreground, it's at 38 degrees with those high dlouds cloud moving in. elsewhere, it's mostly above freezing around the region. we have it in the mid and upper 30s. most of northern virginia, including arlington fairfax counties. upper 30s in montgomery county as well as prince george's county. farther west, though, it's dip

the move is an effort to end showrooming where consumers check out a product in the store but then ordern online competitor at a cheaper price. will it help, or are you better off with online rival amazon? talking numbers. on the technical side, richard ross global technical strategist with auburn grayson and on the fundamentals abigail doolittle equity strategist and a cnbc contributor. good to see you both. kick us off here. rich, which chart looks better? >> let's start with best buy here. this stock is on an absolute tear, up 46% year-to-date picking it the second best performing stock in the s&p 500 trailing only netflix, ironically, a stock with no physical presence whatsoever. when you look at the chart, you see the decisive breakout from the head and shoulders bott toj. taken out the neckline of the average and taken it out in one fell swoop. stocks like heyman roth, i'll trust it but won't buy it. you can play the momentum from the long side. when you bring up amazon, different story. back in january the stock pushes out to a fresh all-time high on earnings, but that breakup fai

the line will be based on the post office uniforms and displayed in a showroom in new york city withly selling in high-end department and specialty stores. they say that will put them on the cutting edge of functional fashion. now, look, i'm a fan of the post office. i love catalogs. the physical ones that clog my mailbox, i love them. it might not be a good sign when the people most associated with your clothing brand is that guy. the post office thinks they have a new take on fashion. the postal service spokesperson says yahoo news it will aim well beyond baseball caps, but wearable electronics. now, that's pretty cool because where are you going to find technology like that? well, except for almost every other jacket currently available. now, the post office doesn't have a reputation for being too speedy, so it might be a good idea to jump on a trend that was launched more than 30 years ago. what makes the post office so confident? maybe this. today we spoke with andrew burns, a retail analyst for da davidson. he said overall integrating technology into clothing is a growing trend

retailers call that showrooming and it's a big problem for stores like best buy and bed bath & beyonde new york stock exchange with more on this. how much impact does amazon have on the big box stores? >> it has a huge impact on the brick and mortar store, so there's a market research store that released results of a big -- >> alison, wait a minute. before you go on -- alison -- alison -- >> the survey found that the number one sort of at-risk retailer of showrooming is bed bath & beyond even with the 20% coupons that we can't live without before we walk into bed bath & beyond and at risk is petsmart, followed by toys "r" us, and sears. and the biggest reason the problem is growing because of the smartphone and amazon price check app. they really make it easy to compare those prices right there in the store. you kind of feel like a traitor when you are standing there, though, carol. >> you do. i was trying to interrupt you but you did not hear me and i apologize for interrupting you, and i heard cheering behind you and we crossed the 14,000 mark. >> i thought were people weren't cheer

more than 700 vehicles are on the showroom floor at the washington convention center.'re going to find everything from a luxury showcase to old hot rods and some new technology. you can see it all now through february 10th. you can get a sneak peek before you go with our inside the washington auto show special. veronica and zachary take a look at some of the coolest cars on the floor. it starts this morning at 10:00 after news 4 today. you can catch it again tonight at 7:00 right here on nbc 4. >>> today we find out if former raven jonathan ogden becomes a hall of famer. he spent his entire 12-year career wearing the purple and black. he says he's enjoying retirement and would be a true honor to join the all-time greats in canton, ohio. ogden credits his time at st. albens with helping him become one of the best offensive tackles in recent memory. >> it's a long way from the national cathedral. you know, st. albens, i grew up there. that's home. hopefully the people back in d.c. and st. albens will share this with me. that's where i got my start in this game. >> obviou

when those prices are up, it seems like the jewels sparkle a little more in the showroom window. rings look relatively cheaper to the consumer. now we are in a value play. blue nile customers are looking for deals, essentially. cheryl: that is interesting. there are two more names, socks and macy's. neiman marcus has jewelry sales down 29% in 2009. the department stores, is that a better player in jewelry moving forward? >> department stores, in my view, are more a fashion plate for jewelry. i do not see them as a destination to get statement jewelry. it is a different niche. for their diamond jewelry, it is much more engagement driven. blue nile is trying to branch out to fashion. cheryl: if you want to buy an engagement ring, maybe online shopping not the way to go. good point. paul, thanks. >> thank you. dennis: voting against mutual shares against the dell bios offer. apple shares down almost 5%. cheryl: we are talking about this with local. hitting that 14,000 level. one of our favorite heirs says there is an upside here. ♪ my new hearing aids instantly changed my life - i f

all local retailers and nearly 20 major online competitors the chain wants to end the so called showroomingn a customer goes into the store to check out the products and buys it online for a cheaper price. >>> facebook brought in a billion dollars in products last year. but the company paid no federal or state taxes the social network is due a whopping 429 million-dollar refund thanks to a major tax loophole. alison explains. >> reporter: we all want tax preparers to find the biggest refund possible. excess benefits from stock options what's that mean? in facebook's early days the company paid executives with stock options. promises to buy shares of a company stock at face price. executives could exercise options and buy facebook stock far below the market value. the difference between the price paid and market value is tax deduct you ible. citizens for tax justice found 185 companies in the fortune 500 took similar deductions including apple, goldman sacks and am. a corporate tax loophole. it's legal unless congress changes the tax code. a bill to eliminate stock option deductions in 2011

best buy says it wants to stop the practice called showrooming where customers find a product they likedfor a cheaper price online. best buy has struggled to compete with amazon and other online retailers. >>> 7:45. a giant product is about to be unveiled in san francisco. ktvu's pam cook is in our newsroom with what we know about the big announcement. pam? >> we know that san francisco mayor ed lee has announced a press conference for tomorrow morning. the focus is on the mission rock project. the project is along the where thefront in china basin park. it's right next to at&t park. it will take up pier 48 and parking lot a. the plan is almost complete on the land owned by the giants. the idea, turn the parking lot and that desolate area into housing for 2,000 people for residents and to be -- and jobs for 7,000 for jobs. the port commission still has to approve the project. but this is a sketch of the chronicle about how the urban village will look. there are also reports in the chronickicle that the -- chronicle that the commission is close to signing off the deal. the giants also say