at t.j. maxx, marshalls, and homegoods. right now, aarp's work is more important than ever. we hear older americans loud and clear, and that's why we fight for what they and their families need. access to healthcare, affordable prescription drugs, opportunities to save for the future, ending age discrimination. a healthy, financially secure, fulfilling life. that's what aarp fights for because that's what everyone deserves. join us in fighting for what's right. >>indoor malls now being able to open indoors again live at the details willing which bearing counties are allowing this now. >>the a's as say a member of the organization has coronavirus and this morning, the team is waiting for more results to come back. >>and containment grows on the wildfires burning across the bay area we'll bring you the very latest numbers. >>you're watching kron 4 morning news at 5. >>good monday morning to you and thanks for joining us. the gang's all here for the first time since coronavirus i'm darya folsom and i'm james fletcher today monday august 31st, yes, robin winston joining the team

off-priceme of the retailers, t.j. maxx, people want to go and treasure hunt, and that works.han: joe, great to catch up with you as always. lisa, what a struggle we've got. irene, going to hudson yards last spring, looking around and thinking, this is too much. marcus a yeariman later has got to close that store. it is a-year-old. can you imagine what that means for that mall, even if it does reopen and get people back in the same way? plus, what happens to other retailers because neiman marcus was there? joe: -- lisa: it is pretty bleak. look at how many empty storefronts there are. what is going to fill them? this is a conversation i have with my friends all the time. who is going to come and pay the rents that are being demanded in order to sell things that people can buy online? jonathan: the thing we have been waiting for is where the price would correct. any sign the price is correcting? lisa: you are starting to see brent come down, particularly in the retail space. there is this convergence a little bit. the question is will it be enough, and how quickly will the reco

t.j. maxx, ross. they are well valued even with the downturn. they have recovered somewhat.aidi: erin, we will have to leave it there. erin gibbs. a little bit of interference. we do have some breaking news crossing the bloomberg when it comes to bhp. the miner just releasing its earnings. a bit of a miss. 4.6% below the average analyst estimate and it comes to net income. $7.96 billion. and finalng a 40th dividend of $.65. capex at $6.9 billion. earnings-per-share at $1.79. fromyour revenue coming in continuing operations, just shy of $43 billion. that was more or less in line with estimates. the underlying about $22 billion for the full year. interesting commentary coming from bhp. seeing iron ore prices easing from the current levels. we have seen super high iron ore prices being driven by the recovery and infrastructure demand out of china. bhp saying the worst of the physical demand shock from covid-19 in the first half of the year is now behind us. china growth rate moderates over the longer-term, saying they were extremely challenging demand for its products in the fi

on the other hand, t.j. maxx, the treasure hunting seems to have ended.y were doing well out of lockdown. it seems in the current quarter they see sales dropping 20%. ross stores reports tomorrow. the discretionary spending which could help the economy power seems to be faltering. it is unclear. david: apart from individual company earnings, what about retail sales overall? are they back to where they were before the big downturn? abigail: they are. when the shutdown started retail sales in the u.s. on a month over month basis absolutely plunged in april, down 15%. then there was a sharp snap back in may, up 18%. in july up 1.2%, missing the estimate of 2.1%. a little bit of a disappointment, but they are back to where they used to be. out retail and consumers go and shop? that has to do with the virus and whether or not the stimulus gets past. if folks feel uncertain, they will save money as opposed to spend it, special and discretionary items. david: thank you so much abigail doolittle for that report. up next we talked to ohio congresswoman joyce beatt

lowe's, target and t.j. maxx report their results in a few hours.nefitted from customers taking on more projects at home and spending their stimulus money. economists are worried about whether consumers will don't spend now that stimulus money has stopped. we'll be right back. guys! guys! safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! safe drivers do save 40%. click or call for a quote today. the freestyle libre 14 safemanagday system...etes can be hard. - a continuous glucose monitor - ...makes it easy. easy to check your glucose without fingersticks, and easy to share your data with your doctor. and for those who qualify, the freestyle libre 14 day system, is also covered by medicare. ask your doctor for a prescription. you can do it without fingersticks. learn more at freestylelibre.us and mine's unlisted.. try boost® high protein... -with 20 grams of protein for muscle health- -versus only 16 grams in ensure® high protein.

. >> hey what about t.j. maxx, what do you think? >> i'm sorry, which one?embers, listen when people start shopping again they're going to shop at tjx 20 straight points that's been the history of it. i think it's going to happen again. tjx. katrina in new york. >> thank you so much for taking my call. i'd like to get your feedback for -- >> my problem is it acts so badly, the group is signaling that we're about to get an acceleration economy you don't want to buy that stock right now. that is the conclusion of "the lightning round" >> "the lightning round" is sponsored by td ameritrade ♪ ♪ ♪ ♪ ♪ we're committed to making college more affordable., that's why we're keeping our tuition the same through the year 2021. - [student] i knew snhu was the place for me when i saw how affordable it was. - [narrator] find your degree at snhu.edu. ♪ >>> the big picture, the pandemic, the fed talking about the stimulus package i think it's good to talk about companies taking control of their own companies. consider sempra energy they started pushing for changes in utility

at t.j. maxx, marshalls, and homegoods. >>we're back time now 5.40 in the north bay, a 13 year-old has died after the car. she was in lost control and crashed. police say the driver of the car was driving under the influence. vacaville police arrested brian gonzalez lopez charged him with dui and vehicular manslaughter. according to police was just after 2 in the morning on sunday when lopez crashed a car between mary or maori avenue and bernard avenue, the 13 year-old was ejected from the car they found her in the roadway. she was pronounced dead at the scene lopez was booked in the santa clara county jail. with all the wildfires we've seen here in the bay area containing a grass fire is the last thing firefighters needed to do but santa rose arce and sonoma county sheriff's office arrested wesley bergman for starting that grass fire. bergen was seen walking by a fire near lighten springs road on highway one o one in healdsburg up in sonoma county on saturday deputies say that he admitted to setting the fire because he was

en t.j. maxx 3000 donadores a lo largo de toda la semana. entre aquellos que dieron un donativo Único que se entiende, son situaciones complicadas, y aquellos que tambiÉn hicieron un compromiso mensual. esto nos va a permitir en nÚmeros cerrados dar seguimiento a 140 niÑos a lo largo del aÑo. son vidas, son familias, son seres humanos que hoy pueden amanecer con mayor esperanza. te dirÍa que el resultado fue muy bueno, fue extraordinario. estamos sumamente agradecidos con todos. decirles lo que tÚ decÍas. esto no para aquí. teletÓn es todos los dÍas, todos los dÍas. hoy, maÑana, pasado maÑana. raÚl: hablando de eso que teletÓn es todos los dÍas, yo quisiera ver un vÍdeo que vamos a presentar a continuaciÓn. adelante. >> en teletÓn usa seguimos trabajando todos los dÍas. >> todos los dÍas para continuar con la rehabilitaciÓn de nuestros niÑos con la telemedicina. >> todos los dÍas para que orlando continÚe su rehabilitaciÓn a distancia. >> para que aquella siga recibiendo las terapias que necesita.

en t.j. maxx, marshalls, y homegoods. (voz) cinnamon toast crunch.amiga y tambiÉn a ti estefany. >>> wraarranca este abierto teÉ tenis representativo en esta ciudad y para toda la naciÓn verdad bueno ayer se descalifiÓo el jugador francÉs por presentar el coronavirus y fue asintomÁtico se trata de un jugador francÉs porque las personas estan de verdad haciendo una burbuja de seguridad desde la salud hasta la seguridad aquÍ en este campo. >>> chÍa brar abierto de tenis en los estados unidos, uno de los eventos mÁs esperados por la fanaticada bajo nuevos manera otros tras la pandemia. >>> nuestra prioridad nÚmero uno a planificar fue la seguridad y la salud de todos involucrados con el torneo. siguiendo diferente protocolos como el uso de la mascarilla, distanciamiento social. >>> pero con fanaticada virtual en la aplicaciÓn us open con juegos. >>> pueden grabarse dejando mensajes a sus jugador, y en la app vamos a poder traer mensajes al estadio a travÉs de diferente pantallas l. d. >>> quienes van asÍs tour cÓmo se sienten en esta burbuja? >>> mira e

then t.j. maxx out its numbers it posted a larger than expected sales.erated from last quarter into this one it doesn't expect to pay a dividend that stock is down 5.6%. the winners and losers in retail kind of laid bare and obviously some of them had the huge advantage of being able to be open during a pandemic shutdown. >>> yep. this is true hearing a lot about that you know, becky, were you getting those messages too you don't need to -- don't say somebody said -- i don't want to be protected >> oh, good. >> when he sent in you don't need -- i said this beforehand say my name. that's funny if i can say it i will i didn't initially say it. but a lot of people on twitter are saying that too well, yeah, you know, the government will keep you open and shuts down all your competition and now you're bragging i think, brian, in fairness, this has been going on for three, four, fire years and been preparing for taking market share. >> there's a lot of people who don't feel comfortable going back in a store and utilizing things show up and home delivery or sho

people call you the t.j. maxxarkets. >> real brands, not generic, how do you discount major brands. >> we work with every major brand we can get our hands on, make a great relationship and we work to buy the opportunistic products, anything that cannot go to conventional market with. it could be a promotional change, package change, a close product, an amount of 1% of the total industry and we've been partnering with these manufacturers for about 40 - 50 years inputting discounted products, a lot of perishables in the store, 40 - 70% savings. stuart: is that what did it for you, the discounting at the time of the pandemic, that's what put you over the top of 80% increase in profits. i ask because your business model is different, used independent operators for all of your 362 locations. is that right. >> that is right. it was definitely the buying model, people were looking for value but i say more so it was operator. the independent operator we put them into business and put them in a location and we ask them to