stores like tj maxx. costco. known for a llng time. a place to get a great value and doing very well. come. eventually, spring will there will be a fall. what is their excuse when it is warmer? >> the economy. all of that is true. the consumer is very stressed. the employment levels really have not moved that much. employment levels are not any higher. essentially, there are a lot of people looking for value every day when they go out shopping. adam: consumers, you know, spending was up four tenths of a percent. consumer confidence may be shaky. the unemployment outlook looks really good. >> i think that is pretty meanwhile, some of the growth has been in good like automobiles, for example. home categories. not in items we buy and sell every day. not in groceries. not across the board. stuart: i just had the opportunity to interview the head of old navy. who else is doing it right from your opinion? >> i believe that the dollar stores are great. anything that is hard discounts. lower-priced than though martz. they can wait long enough

looks like something you would pick up the tj maxx or marshall's. .he game is like tetris not exactly a new concept. defriend people who play it. >> how important is it to homage toew content come up with new games? >> or why would we think the company would ever come up with something again after the game that does not -- enthusiastic about it. who is? crowdedield.very king is going the kings, queens. a very crowded kingdom. there have been a lot of successes. zynga, kabam. >> it is like what have you done for me lately, right? investors want to know what is next. they want to know you have a proven track record to come out with hit after hit. what is next for the company? king hasn't laid out for me the game the intent to make. i expect them to continue to make casual games. very well with the micro-transactions within candy crush. they have elongated candy crush. look at super cell. they have people playing for a year and a half at this point. money here. plus, as g which would help them segue into real money gambling. they clearly need to bang out more hits. they are a gaming comp

tj maxx, etc.. i am going through quickly. i posted all 19 on twitter.ash is king if you put it to work. >> coming up, dodging the hacker spirit our next guest wrote the book on how to protect postal information whether you are home or abroad. plus, we hit the runway with our designer to come -- to talk handbags and more fascinating conversations. stay with us. ♪ >> millions of people are gathering for the 2014 olympic games there. they are getting hacked. phones, tablets, pretty much all of your data. it is up for the taking. there happens to be a service that can stop it from happening. we are joined now by the man who made it. welcome. i want to find out how this works so the next time i go to russia, i can be free of any hackers. walk us through what you do. >> sure. i am russian. it is exciting to talk about this -- sochi. we are seeing a huge amount of people getting hacked, journalists going out to sochi, etc.. it is not really sochi specific. it is more about any major global event where a lot of people gather. it becomes really easy for hackers

> with men's wearhouse and joseph a bank, you combine off-price the same way tjx did marshals and tj maxxth our valentine's day theme this morning because, coming up, which champagne is worth the splurge tonight? we will talk about the best bang for your buck. ♪ >> good morning, everyone. "bloomberg surveillance." i'm tom keene. with me, scarlet fu and adam johnson. we hope you have a good valentine's day. there is so much going on this morning. futures up one. dow futures up 13. we need to go back to italy. a lot of news. hans nichols, our chief international correspondent, happens to be in rome today, the challenges of the italian government. that and news out of the eurozone. -- better news out of the eurozone. buttressed up against this. all of global wall street got this wrong last year. the euro ever strengthening. eurouch is the stronger beginning to affect germany, beginning to affect italy? you did see the stronger euro eat into profits as you sell corporate earnings for the last two quarters. ask for -- export reliant countries like germany are typically heard by that. you did s

retail industry, i think if you look at history, the largest breach we saw in the retail side was tj maxx industry didn't think they were a big target for the hacking community. they didn't beef up their security controls. you have companies that are years henned in protecting these credit cards, protecting our personal information. it's going to take them a couple of years to even get up there and emv is going to be starting in 2015. we're not going to have a full rollout until 2020 or above. we have a long time to deal with this and the consumer will be hit continuously throughout this year and the next couple of years. >> in this cat and mouse game between the hackers -- or the criminals and the retailers/banks, it seems to me somehow the hackers are always going to get ahead of everybody else. so is there any argument to be made you could spend all this money on these chips in these cards and all the infrastructure acquired and all of a sudden 2016 is going to come up on us and we'll hear about a breach there and say, now we have to come up with a new technology? >> that's a great poi

tjx which is the tj maxx stores is a third. >> help me with one thing.ting around thinking that we're in correction territory. we're on our way in a big way. do you care? is your expectation that we end the year higher? where are you in all of this in terms of -- you say you're pacing your buying. i'm just trying to understand at what point do you think this is going to bottom out if it does? >> i think what happens this year is i don't know how long or how deep this correction is going to be. i do think that as you go et to december 31st of 2014, we'll absorb any correction. and this may not be the only one during the year, and we will end up higher. >> let's go through a couple others that you really like. i see -- go ahead. >> sorry. >> no, go ahead. >> no, please. >> i was going to go to bwa, which is the auto parts supplier. we can put that up on the screen. what do you like about that company? >> well, borg-warner is a very interesting company. the company has shown very steady growth over a long period of time despite just the poor january results

. >> tj maxx $20, the skirt from forever 21.ank you, guys. >> and all these looks are on our website at today.com. you guys look like stars. >> you do. >> you should be stars. >>> coming up next, the games underway in sochi, get your family in on all the fun with some of the olympic challenges your kids are going to love. what you're going to do with them coming up after this. reveal your most extraordinary hair... ....every day. for fine thin hair -- a transformation awaits. l'oreal presents volume filler shampoo. our first haircare with filloxane -- to actually increase the diameter of your hair. with volume filler, hair's instantly thicker ... ... feels like 2 times more hair. a transformation that lasts, wash after wash. more than beautiful -- extraordinary. new volume filler. from l'oreal advanced haircare. the science behind extraordinary hair. and you're worth it! to support families in getting back to the table. one day we get this incredible call from cheerios saying "what about breakfast?" together we've created the fa

tj and get something cheap. but i won't go to jcpenney. what can they do? >> by the way, you hit the nail on the head when you said t.j. maxxxample. they are eating the lunch of companies like jcpenney. to be blunt, if a penny and kmart, they are all dinosaurs. they are not run by merchants. they bought -- got bought by financial guys who thought they were good investment. and the financial guys said, you know, i'm going to try to when that business. >> jcpenney was run by a retail guy for a wild, ron johnson. you know him, right? he did a fantastic job at apple. of retailm the king stores to going to jcpenney -- >> you just said it. you had steve jobs's brain and ingenuity and the hottest products. it was more about how to display it. jcpenney, they are selling good old fashion clothing and not doing it like t.j. maxx or marshall's, giving you great value, or like companies like forever 21 or h&m that are giving you value. kids and those in their 20's that are going to those stores, they do not even think about paying $200 for a pair of jeans. >> it sounds like, if anything, ron johnson should have close more stores. there