i am here in tucson, arizona, joined by terry lundgren, ceo of macy's. the jerry lundgren centering of retailing at the university of arizona. you're here to recruit talent. the new promotion of jeff is that part of the success plan for macy's. >> he's one of the best merchants in the industry. he brings a fresh new perspective and look i've got a great talented team and say the reason we've been as successful as we have for the last four years as a team and jeff is one of the key guys. what this is, is a signal he's take on an big role, big responsibility. he covers merchandising, dotcom, he covers marketing and he covers now our private brand development so the title had to go along with that broad expansive role. that's what it is. i'm going to be around for a while so i love what i do too much. jeff is a key partner. >> you had a birthday, looking great, of course we had to ask, you've been talking about the changes that are to come for macy's and in retail in general here. general growth partners has about 1100 malls and told jpmorgan 400 are b or b

. >> talking terry lundgren today as well, right? >> i did. terry lundgren this morning here. >> so i'm curious, to the sentiment that he shared with you, and what it leads you to believe tows retailer expecting it to go. >> you've got a lot of optimism, but probably for a very good reason. you've got a lot of analysts on the street buying into what terry is selling, both from an investment thesis standpoint and what he has going in the stores. terry was pretty optimistic. he has reason to be. he had a much better 2013 than many of the other retailers good. we don't exactly now how the first quarter has gone for macy's. he hinted when the weather turned, things did start to pick up. so we at least got that much out of him. >> courtney, thank you so much. good things come in fives here. >>> up next, the five biggest and baddest stock in bear market territory. >> also, let's look at the nasdaq, currently down by 43 points, i think the absolute low was down by nearly 47 points. it's really only a handful of names countrily in the green. >>> we'll

terri lundgren did say he's seen some -- i'm still. >> the stocks have been sitting out of any you name it. except for the likes of a macy's and ko are. s. >> i thought all along it was the weather. i still think it's the weather. i was surprised march was as strong as it was. because i thought the weather would hurt march more than it did. we're running into easter. easter is always good in retailing, so we'll see -- >> so half glass full. is that going to translate into a bounce in these retail stocks? all we have seen it the best in class seems to be gaining, and the others are laggards. >> that's going to continue, continue because you have to win against the internet to win, so best in class in you're costco, dick's macy's, you can win if against the internecessarily. we'll see winners. >> your trailing is to win, you must win. >> that's your strategy. an omnichannel retailer. >> let's back this up one second. anyone who's bet guess the retail and american consumer long term has been left for dung, okay? if you bet against the american shopper, you will never win last term. >> that

. >> terry lundgren, is a personal friend of bloomberg's and worked closely with him. >> creating theon the desk in front of the trader so they could have instant answers to what was happening with the company, with the country, what was happening with a business, was just new. >> his company cornered the market in information services, and bloomberg news became one of the world's largest platforms for business news, serving tv, radio and print. >> i think he was in many ways an innovator. i think his insights into how information is consumed, disseminated, stored, has had an enormous impact in the industry. he has 145i7d a lot of what's transpired. >> new york city's budget is larger than many countries. for mike to build the company he did showed what type of businessman he is, and while government has many facet it is, let's not forget that it has a budget, it has a balance sheet, and running a city, a town, a state is not that unlike running a major corporation. >> he took the reins from another iconic mayor rudy giuliani just months after 9/11. >> he accomplished some major thing

macy's has been laser focused on the fashion side of things, on line, terry lundgren getting high marksack some of the customers it lost? i don't know. elle macpherson and lingerie may be the ticket. >> it's the start potentially. >> and also bringing back home goods. >> up next on the program, would you ride this? six flags just completed the tallest drop ride in the world all in time for the 2014 season. that is not a computer animation. well maybe it is. we'll get all the details on the new ride from six flags ceo after this break. that's jersey. aflac. ♪ aflac, aflac, aflac! ♪ [ both sigh ] ♪ ugh! ♪ you told me he was good, dude. yeah he stinks at golf. but he was great at getting my claim paid fast. how fast? mine got paid in 4 days. wow. that's awesome. is that legal? big fat no. [ male announcer ] find out how fast aflac can pay you at aflac.com. [ male announcer ] find out how fast aflac can pay you whoyour boss?rk for? yourself? your parents? your family? at baird, what matters most to you... matters most to us. as an employee owned firm, our financial advisors have the freedom

stocks and you watch the companies come public or maybe ceos come on "mad money" and you listen to terry lundgrennd you say that macy's is good and i want to buy it and it doubles. i like domino's pizza it's at $10 and goes to $80. these things happen. it's not fantasyland. >> no, it's not. let's hope you can continue to provide the valuable insight. >> what did you think of them screaming at each other? did you like that? >> yes or no? >> yes or no? did you like it when jonah hill took the subpoena and threw it in. >> the subpoena, what was that? did you see that movie? >> who was the bad guy in that? hey, i ask it. who was -- was jordan the bad guy in that? >> yes. >> yeah. >> and the guy who rides on the subway. rides on the subway. >>> when we come back, the watch is on to see what amazon's going to unveil later today. they have a big event in new york city. we'll get more on that. >>> also ahead autonation ceo mike jackson will talk about those auto sales numbers from yesterday and, of course, the gm recall crisis, mary barra once again on capitol hill today. >>> take one more look at future