also macy's faces really stiff competition from off pricers such as tj maxx, ross and amazon macy's was a little late to the game in terms of more speed in execution of brands and trends we're in a new instagramable nation with the transformation of the ways people shop and you really need special product. in addition you need a special store experience, and the mall has been a horribly tough place with negative mall traffic our preference this week is for customers to own target. we think target comes at a nice pe relative to walmart it's well positioned there's private label there and curb side pick-up. we're cautious on the department store sector and macy's has some unique challenges. they are working hard across different themes but it's still very small as a percentage of total in terms of commerce, what they're doing with growth 150 and their loyalty program. >> but is there any unique opportunity? what i mean is let's talk about the real estate. a couple years ago starboard value came out and said they believe the real estate is worth about $20 billion, far more than the market

, macy's is -- the parade is macy's gift to america. this started 93 years ago with a group of colleagues that wanted to do something for family and their community. and here we are 93 years later continuing with the tradition. it is a very proud moment for the macy's family. >> you guys always up it every year we've got celine dion this year, the black-eyed peas. what can you expect? >> the return of snoopy, this is snoopy as an astronaut and commemorating the 50th anniversary of the moon landing. i think on the floats get ready for the glitter. it's spectacular every kid will love the lego float. my personal favorite with the returning macy's singing christmas tree. >> that's awesome, yeah. >> we have 100 of our colleagues singing their hearts out to america. >> they all audition, right? >> they do we have thousands of auditions and this is the group that is coming. >> and are you ready for black friday >> we're ready for black friday. macy's is dressed and ready to serve america. >> shop till you drop. thank you. have a great parade.

i'at a previous macy's employee who tells me she feels for old co-workers and it does create. >>dissension once the associates come back so i hopefully. management and the union can come to some terms before that >>i have reahed out to the president of the union who has not responded yet i've been asking when they plan on dng this strike again they said sotime this holiday season. i wanted to see why they didn't go through with it today so stay tuned as we contine to wait for response in san francisco sarah stinson kron. commander in chief was he overseas for the holidaysow his surprise trip to visit he troops may have ignited trust tas with the taliban. >>and customers and bder patrol race to the rescue and dangerous downpours leave nearly 2 dozen migrants trapped and in trouble in a southern califora storm drain. this year with some tragic rly sults r some people. now an improved flu evention project could replace the annual shot. but the once a annual shot. but the once a how do i use better than bouillon? i just add a spoonful to my marides... ...to st frys... .sauces. jus

saved from rushing flood waters, tornados striking a path of destruction and will the wind ground the macy's thanksgiving day parade balloons? >>> also breaking, the new explosion rocking a texas chemical plant hours after the massive first blast. the fireball caught on doorbell cam. >> boom. then glass and the windows come flying in the house. >> the force shattering windows, blowing doors off nearby homes residents forced to evacuate the inferno still burning tonight. >>> the marine wanted for murder captured after an 18-day manhunt across three states. the surprising place authorities caught him >>> the rock climber speaking out to us after surviving a four-story plunge at yosemite, and the famous climber that came to her rescue. >>> the warning as you shop for the holidays, fake money used in the movies spreading into the real world how to spot those phony bills. >>> and don't wait for black friday the best holiday deals you can score right now. >> announcer: this is "nbc nightly news" with lester holt >>> good evening i'm kristen welker in for lester we begin tonighte tr the eve of this

macy's also slashed its full year guidance. the ceo says q3 sales impacted by what he calls the late arrival of cold weather, continued soft international tourism and weaker than expected performance in some of their lower tier malls pete, i turn to you. you had a long conversation about this yesterday you had macy's calls >> still do. they're out till january and like i said yesterday, there are stocks you want to own and stocks you want to trade through the options. for instance, when you look at something like macy's, the only reason i own them, there was unusual activity and bought 20 plus thousand of the calls and that was intriguing. somebody is playing more than the earnings, otherwise why are they going out till january? what they are playing for are the short squeezes we see happen all the time with a 30 plus percent short interest rate in macy's, yeah, today you see it down about 20 cents or whatever that is. nothing huge at this point in time what if the next -- we will see some moment in time where the stock starts

>> reporter: well, macy's has alwaysee square shopp uerons go in strike in support of macy's, this whole area could be crippled during the year's most important shopping season. union square is full of families, skaters and the tree is up at macy's. but things are reportedly icy between macy's employees and management, and the union representing hundreds of sales associates says there could be a strike here as early as black friday. >> we can't go in there, it would be a really big bummer. >> yeah. with christmas around the corner. >> reporter: 90% of the salespeople voted to authorize the strike. most make around $20 per hour and are asking for higher wages and more affordable health insurance. business watchers say the timing of the struck couldn't be worse. >> long-term retail agencies are in a precarious situation right now with competition most notably from amazon and e-commerce. >> shoppers say they're disappointed. >> it is going to be hard to see macy's closed because most of the things especially during christmas, the prices are very good. >> reporter: but not defeated. >> they

. >> macy's mess. sales slip at the department store. and the retailer blames warm weather and weak are mall gaffic. >> d discovery how artificial intelligence is used to drive the next medroal breakthh. the stories and more ton on "nightly business report" for thuray, november 21st. >>> and we it do b you good evening, everybody, and welcome a reported megadeal on the brokerage industry caught wall street off guard. charles schwab in talks to buy e of the big rivals. td ameritrade creating a massive firm with$5 trillion in assets. it's been up ended by zero fee commission a trend started by schwab that killed a key source of ren for the sector. sent td amerd trade up 17%, schwab up 7%. mike santoli looks at why the two companies may want to become one. >>ology continues to drive down the cost of investing. and it reflects the push for greater scale in an investing industry dominated by low cost index funds, zero commission trading and a multitude of digital start-ups vying for the investment dollars of younger consumers. schwab was a pi

from a snow emergency to stranded drivers to record winds threatening to ground the macy's parade balloons, what you can expect this morning. >>> also happening right now, mandatory evacuations, a four-mile radius ordered to flee as another explosion rips through this chemical plant in texas. debris flying into the air. nearby homes damaged. 60,000 people affected. the big concern overnight. >>> the dash for deals under way at this hour, the biggest bargains on this thanksgiving day, and we ask the question, is it even worth going to the store? the online deals and what retailers are doing today to get you off the couch. >>> the new warning about flu season. the symptoms now sidelining even the toughest pro football players. >>> plus, the mystery surrounding this image posted by president trump. >>> and the young man who mistakenly received a text from a stranger inviting him to thanksgiving dinner and the unique bond they've now formed. >>> good thursday morning. happy thanksgiving. i'm janai norman. >> and i'm will reeve in for kenneth moton. it's been a rough start to the holiday thanks

and in new york, macy's thanksgiving day parade organizers say whether or not the balloons will fly is still up in the air. >> we really have to see exactly what the wind conditions are going to be tomorrow it will be a game day decision i'm always optimistic. >> reporter: there are 94 million people under wind alerts across the midwest and northeast and most of them will still be in place tomorrow. kristen? >> molly hunter reporting from hard-hit minneapolis molly, thank you let's get to al roker now. al, there is much more severe weather ahead. what are you seeing ahead of the big day tomorrow >> a buffet of bad weather from coast to coast 106-mile-per-hour gusts in oregon multiple tornadoes in louisiana, mississippi. chicago, 53-mile-per-hour wind gusts, and minneapolis picked up another nine inches of snow. and tomorrow a mess coast-to-coast again delays for boston, buffalo, new york and d.c and as you head out west, look at the problems for oklahoma city, dallas, the roads are a problem. albuquerque for snow and san francisco and l.a. for heavy rain and sunday, everybody is trying

macy's reported -- of bloomberg television. macy's reported earnings this morning. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." vonnie: a huge loss and suspended dividend has sent our stock of the hour to the steepest lost in nearly 20 years. german steel giant thyssenkrupp has announced restructuring plans. abigail: it seems to have to do with a factory slow down around the world, but especially in europe, as pmi's going down. they do everything from steel to elevators. they actually beat sales slightly, but the loss so much wider by 128% as opposed to a loss of $.22, so investors clearly not liking that. because of that, they are going to suspend that quarterly dividend payment. they will ask the board for permission to do that in january. the outlook for 2020 also disappointing. ebit apparently around 800 million euros or so. one analyst at commerzbank says that's adjusts debt is going to go higher and that cash flow burn will be stronger-than-expected, so a turnaround rea

it's not just with macy's but every one. >> the market cap of macy's is about 5.5 billion. say they wrong by a couple of billion. the real estate is still three times more than the operating company. how do you value the real estate >> there's lots of discussion about that that did lead the stock. i don't believe they left with the profit as we stood side by side and i learned a lot through that proce process. they taught me a lot we ended up selling one of our san francisco locations and son sol dating into the two for a couple hundred million tlars we turned that around for invetsing in the stores and giving it back to shareholders we learned a lot from that experience having said that they were definitely incorrect about their overall assumptions. what are you going to do if you sell a store in a mall what are you going to turn it into, an apartment building? there wasn't really a buyer on the other side for those transactions that's why that theory wasn't necessarily good one >> all right great to speak with you. >> nice to see you both. >> come back any time. >>> comin

square in front of macy's could have been school of employeesn the union on strike. but they decided to not go through with it today and push it to some other day during the holiday season, 90% of the over 600 may s sales associates voted to authorize a strike. the plan was to do so toay on black frid, but it never happened shoppers y it would have beechaos of the strike did occur on the usiest shopping day of the year. wow. >>that's chaotic on both sides, you know for the its kn nobody wants to strike the just absolutely love being on union square on friday, joy of the shop is i think it would have been very said ty would not here, having said that i an i'm sure they he rightly one to to push far and we support that 2 of the reason employees in the uni they've been at the bargaining table with macy's for over 6 months working on a new contract. >>retail workers say they are striking not only for gher pay to keep up with e cost mainly about their health insurancthey say it's an affordable one 3rd of coverage may says employees say cost $1070 to insure a famof 4 every

reports on earnings while macy's adds concern. the latest coming up. ♪ joe: let's get right in with the big story today. charles schwab tightening its grip on the retail brokerage industry with talk stuart acquire td ameritrade. the deal has not been announced. jmp is a senior analyst at securities. thank you for joining us. here?s the opportunity obviously, scale, but without scale, what can they do without? -- with that? >> at a high level, consolidation occurs because it makes sense. there are huge expenses in these deals. also revenue opportunities. you have got schwab as the largest custodial platform. 25% of market share. ameritrade is the third-largest. combining two of the largest platforms. they can do more with the assets, get them for a better price. on the retail side, a lot of opportunities. best active options trading platform. schwab has not historically had a great success there. schwab has a great retail platform and they can do more. ultimately, you have the expense opportunities as well. romaine: talk more abo

>>starring wreck see blue's clues and lego macy's employees actually art this process. this sickly designing. all of the see here months of preparation for one very vested morning. in new york this thanksgiving morning. i'm karin caifa. >>valley turkey trot the manual your go ahead and join for going to hearing all about this great cause and hearing from s say yes for less to gifts storewide... ...at 20 to 60% off department store prices. most stores are open thanksgiving, 6pm to midnight. reopening friday at 7am. ...with extended hours saturday and sunday. yes for less. i just add a spoonful to my marinades... ...to stir frys... ...sauces. just whisk it in... ...brush it on... sauté it. it adds a "cooked all dayaste" ...that doesn't ke all day. better than bouillon. don't just make it. make it better. don't just make it. fact! coffee stains teeth. unlike ordinary whitening toothpaste, colgate optic white has hydrogen peroxide that goes below the tooth's surface for a smile that's 4 shades visibly whiter. colgate optic white. whitening that works. she's made of nerves

i think look how macy's has threat up. look how nordstrom has rent the runway in their stores that's the only way you'll get more customers you need the data in order to get the newer customers and also continue to track the old customers. how do you create some of these new channels for each type of retailer we're not going to have all the retailers in five years but we'll have more relevant >> this is fascinating to me if you want a new hand bag and you've got old hand bags that you don't want anymore or in good condition, why not sell them and good money back and get the one you want >> on average, it said that 50% of a person's clothes are not worn >> how much of your closet do you wear >> i think you'll probably right. it's probably 50% or less. >> even less >> certainly of the shoes i own. >>> let's move onto the next two. gap and jw nordstrom facing different things >> it feels more skeptical and not. the old navy business isn't performing and isn't adjusting as they would have liked. i have not been there. >> it op

>>i have been buying shoes at macy's. 3 random the shoes i will try on monday to you. do you guys do that. yes trying to use on and gary where happened random guy and you know we did. now totally that. women werelike it's a re community feeling. % thanksgiving is over the house the fun continues to go. the santa clara winterfest is going out of antarctic turned on the lights they've t everything geared up for the holidays now kron four's will tran out thereor us this morning, rob. on skates. >>and to get another sweater from the guest story it is. >>john sure able. whatever you're seeg how cold it is kicking up a few notches it is bone chilling. look at that this morning i got my gloves, you got the charaers behind me they look like they're dancing instead, they're trying to stay warm, kidding getting they are getting ready for winter fest which begins tonight at 5 o'clock and goes all the way into december 31th. let me show you some video f whatou can expect that about 8 million will turn great american santa clara into a winter woerla they wilhave i skating rink they

unfortunately impacting the macy's thanksgiving day parade. out west yet another storm making its way onshore bringing rain and heavy snow to the mountains. you make your way down to the coast of southern california, 1 to 2 inches of rain leading to a flooding threat. around flagstaff, 1 to 2 feet of snow expected with that. ahead of it into the plains we're talking rain and icy spots, making for a messy thursday. janai, will? >> all right, adam, thank you. >>> thousands of people were forced to leave their homes after a second explosion at a chemical plant in texas. >> the blast caused extensive damage across the city of port neches. it blew out the windows and doors of nearby homes and businesses. the fire has been contained but it's still burning. abc's marcus moore has the details. >> reporter: the new images, more trouble at this chemical plant in southeast texas. part of the plant collapsing. burning debris rocketing into the air. plumes of black smoke stretching for miles as firefighters work to contain the blaze. parts of the tpc group

macy's tells me this will truly be a last-second decision that may come at 9:05. and called whether the balloons fly 55 feet in the air once the winds strengthen they fly much lower. city regulations say the balloons are grounded of sustained winds exceed 20 miles an hour or gusts go higher than 34. the nypd is monitoring anemometer's all along the parade route. this decision will come later this morning. either way even if those giant balloons don't fly there are plenty of other attractions. there are smaller balloons, floats and marching bands and cheerleaders and performers like idina mezel. everything kicks off at 9:00. happy thanksgiving to you. >> we want to see the balloons. jillian: it is 8 minutes until the top of the hour, the moment we have all been waiting for, the turkey carve off. >> we will put our schools to the test to carve the turkey, the fastest and most accurate. jillian: some thanksgiving photos. here is olivia and grayson. rob: the garbage family sent in this nice black and white photo, thankful for each other. jillian: christie says she is

you go into macy's, you are going to buy a shirt or a pair of shoes it is limited. also i can't see why would equity flow out of the haves given the momentum into thes hae knots. and i think the debt side is a way to play it and the activity in the market has been quite intense. >> levinthah ml may disagree >> and one i took a shot at is l brands a multiyear low. traded down into the mid 15s i believe. made a little bit of a rebound if you want to call it that, over 16 bucks a share. still down over 37% year to date this was a $60 stock at the beginning of 2018. it has been decimated. it has a 10% short interest. they are coming in buying calls, that is why i bought calls in here and we'll see if it bounces. but it is not a long term, not like carrie was saying with costco this is one that if it goes to 20, i'll be gone but i think that it could see that kind of squeeze. >> and i'm looking at kohl's downgraded at goldman. so i think that they like us look at what target just delivered and wondered how much of the pie is available for some of the others hurting. let'

all eyes will be on the macy's thanksgiving day parade balloons today. will they be grounded for the first time in nearly 50 years? >>> snow, rain, and wind. this holiday may be better spent safe at home. the nationwide holiday forecast. >>> the loudest boom i've ever heard in my life. >> i was very scared. >>> and forced out. tens of thousands of texans will be spending thanksgiving as evacuees after massive evacuees after massive explosions at a plant. captioning funded by cbs >>> good morning from the studio 57 newsroom at cbs headquarters here in new york. good to be with you. i'm anne-marie green. the macy's thanksgiving day parade will get under way here in new york city this morning. preparations were in full swing yesterday. crews worked to get those famous balloons inflated, but it's unclear if they will actually fly today. gusty winds could ground them for the first time in decades. officials will decide this morning. >>> marc liverman is along the parade route right now. what's it like out there now in terms of the wind, marc? >> reporter: hey

macy shares -- macy's shows slumping, and this week target pulled out earnings. we had to the critical holiday shopping season. let's bring in ken perkins, who joins us from boston. anreally feels like execution these days because you have the haves and the have-nots. >> it really is. if you look at the industry as a whole, the consumer is faring well. we have had numerous management indicates that walmart, tosca -- costco, it is about the ability to generate traffic and execute. we are seeing bifurcation and who is executing and where the consumer is going and where it is not, and it is not for the mall and the department store space. it is more to the discount oriented retailers. ornie: is it a price thing, the choice that is in the department stores and deke out -- discount retailers, they obviously target them pretty well. macy's at one point recently seemed to be turning around, and now it has gone back the other way again. >> last year all the department stores got a bum from the tax cuts and it felt like there was increased moment -- got a bump on the tax

costco, wal-mart, target and macy's we talked about last night could it they ral judge? yeah there will be good trading opportunity. >> for the reach is it for the laggards or winner self you want longer term go with wal-mart, target, kiosk costco short covering macy's jwn but it's very binary. >> but in this market away from the value trades and the consumer state your nameles and utilities, is that an environment in which wal-mart and target still win >> i think you see people i think bought wal-mart regardless of valuation they looked at it -- listen, earnings have been fine. i think they were pouring money into a stock paying a dividend, seems to be recession proof and that stock won now people say to b.k.'s point does this make sense in terms of valuation? i don't think it does. but i don't think it did $15 ago. so in terms of the xrt dan makes a gad point. but if look in terms of the xrt major double bottom at the 8.5 that dan is staring at at the trm nall this will overshoot to the upside and the overshoot is probably 46.5 or 47. >> target blew out in august blew

macy reports next week wall street doesn't expect anything good. bears know shopping malls are a dying institution and don't believe macy can reinvent themselves they could be wrong. as bad as the quarter might be the stock is mature. macy's is trading on investment until we see much more from them they source so much merchandise from china also betting on a trade deal here if the chinese don't bring home the bacon, this one goes large. for kohl's this had an epic run. we need to be more circumspect we own this one for the travel trust. i've been telling people the same thing, it's caught fire here in part because of some good luck with their amazon partnership, you can go to kohl's, return amazon orders in person in the back you have to walk all through the store. company reports next tuesday if they don't say great things about amazon i expect the stock will get hammer. if they have any glimmer about daylight it could go up. cold weather is great for pvh. while the stock has rebounded hard from its close just under hundred bucks still 30 bucks of

in december, it's still going to be a huge impact for macy's macy's hasn't quite responded to what they're doing to bargaining table, buthey did say if the strike happens today we school still be open. we're prepared to be open during by friday. and i'm sure at's the case during future strikes. i'll be here live to see how this all happens, you know i want to see how busy gets here union square have never been year on black friday, so surely a pretty busy but for now i'm going wait for th the union president iv to call me back for nelson it back to you, thanks a lot. >>5 36 is the time also in the news as we head out to the east bay ouof 7 arrested in connection with that deadly halloween party shooting in orinda only 2 are still in jail. one man bonded out kron four's dan thorn has the late. >>another suspect linked to the deadly mass shooting at a random is out of jail, 29 year-old frederick johnson of valais ho was released dnesday after being arrested on november 21thohnson and 29 year-old dimicco doan's were found in raids done by the atf just days after charges were dropped for 5 oth

macy's, one of the largest. it has been historically a strong performer. people are sort of looking at this as an either or proposition it is retail, all sales. the vast majority are going to legacy bricks and mortar retail's. it is changing what happened in store and online. that is why you see the massive growth occurring in online sales by legacy brick-and-mortar retail stores. deirdre: do you think it is luxury versus retail and the brand in the middle are the ones that have to struggle? >> well, i think it is true we know there are certain companies in certain segments that because of their history are having a little bit more of a challenge making this transition to the way consumers are shopping today some of that has to do with the diversity or the assortment of the good they sell. some of it has to do with the categories they operate tiered some of it has to do with the legacy of their footprint. i think everyone is sorting that out and making changes. finding new ways to use their existing resources to deliver what consumers want. finding a way f

if you are watching the macy's parade yesterday, you got a preview of these guys in action. now, nct 127 is here to perform for us but before they do, look at how these international superstars made it from korea to rockefeller plaza. korean pop music known as k pop has been sweeping the globe, attracting millions of loyal fans and dominating the k pop world, nct 127. nct stands but before they do, look at how these international superstars made it from korea to rockefeller plaza. korean pop music known as k pop has been sweeping the globe, attracting millions of loyal fans and dominating the k pop world, nct 127. nct stands for neo culture technology, and 127, the longitude for seoul, which is home to the group. bursting on to the music scene in 2016, the group coordinates their music with synchronized choreography and their popularity has soared with more than 6 million instagram followers, 25 million views on you tube, and fans referring to themselves as n citizens the band's latest album, we are superhuman debuted at number eleven on the billboard latest superhuman debut

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so what do they need to do macy's, gap and nordstrom? what should we be looking for this afternoon >> what they needed to do was just put up the numbers against low expectations the stock is down only a percent at last check because of low expectations with the gap, we know the numbers. we know the company gave their comp that forecast or expectations for the quarter they're negative they've lowered their outlook for the quarter. not good the stock has taken it op the chin as well with gap tonight, what we want to know is is the company going to continue to split or spin off old navy that's going to be a big deal and actually, we put out a note with the pre announcement with ceo leave iing, that we think t a split may not be a good thing anymore. it may not because old navy comps turned negative and when they announced the split, they were doing fairly well and with the comps turning negative, it may not make sense anymore, so any clarity on or nonspin would be probably a good thing for the stock at this point. >> big deals coming up tha

that's not macy's employees say they cost $1070 tonsure a family of 4. every month. or just bic kaiser plans. macy's is also trying to lease out some of their floor space to other retailers which coulfor as long tme ploys out the door that's at least what employees about the negotiations per se, but they did say they will. and we're still waiting to hear back from te union president i left a few voicemails and texted him still waiting for him to respond. i just want to hear fromim about why they didn't start these picket lines on black friday and would have sent a huge messa to the company does this mean that they're getting closer to a contract. that's fair for both sides. more than just postponing it due other reasons that we're trying to figure out. but again macy's not really responding and they're just sayi yu know we will move forward. i walked inside macy's employees or buness as usual working really hard there's a lot of sales in there 50% off like whoa appliances pues you name it so peoe are going inside and scoring some good deals. the eu's square sarah sti

at macy's, this 13-piece cookware set slashed 75%. now just $29.99. >> it's time for black friday doorbusters. >> reporter: target offering these beats wireless headphones for $129, down from $299. and walmart discounting some apple products, which almost never go on sale. like these airpods down to $129 from $159. with next generation gaming consoles due out next year, multiple retailers tonight are unloading the xbox one s, bundled with three popular games, for 149 bucks. and don't forget, you can let a mobile app like shop savvy find you the best deals. it scans a product's barcode and alerts you if another retailer is selling it for less. and if you're just sticking to amazon this season, camel camel camel can track amazon's prices, telling you when they reach rock bottom. >> all right, gio benitez joins us live now from macy's. doors now open. a lot of deals out there. anything we shouldn't be buying? >> reporter: yeah, tom, so, macy's opened up its doors here at 5:00 p.m. across the country, so, that's some good news. but listen

the macy's day parade will be kicking off in less than two hours here in new york city. but will the weather ground bth balloons? plus, president trump and his friend rudy giuliani. why was the president's lawyer in discussions to represent the ukrainian government at the same time he was supposed to be representing president trump? and, new this morning, former navy secretary richard spencer unleashes a blistering new op ed in the washingt"washington post blasting trump for interference in the sentencing of a navy s.e.a.l. >>> any time now we'll be getting word if the balloons will be flying or grounded because of the high winds. but first, rudy giuliani that he was in discussions with the ukrainian government earlier this year at the same time he was representing president trump. giuliani ultimately decided not to take the job but his meetings with ukraine's prosecutor general appears to have helped lay the groundwork for two key aspects of the impeachment inquiry, the push to investigate the biedens and the firing of ambassador yovanovitch. i have the perfect group of

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jim, if it wasn't macy's, it was bj's wholesale >> yeah. this is just -- look at these earnings, i am seeing companies that are spending the most who is doing the most. who is spending the least? who can't spend enough they come out of private equity, bj's can they spend the money versus costco. business talks, look, we have to do x, y and z in order to keep the customers coming in. we'll do it. you look at costco's balance sheet and technology i don't want to be up against them or target or cost colorado the one getting unfairly bruised here, yes, home depot had a problem with its technology. remember, home depo's comparable store sales are still much better than lowes, that is the apples to apples judgment. bj's no, khol's no everyone few macy's would be bad. yet it still got bit up 2 bucks ahead. there is no "there" there. it's existential >> yeah. >> i may shop -- go see santa, first, carl. >> mipisani is here on set. you probably have this dichotomy this week. >> jim's right macy's is a $4 billion market cap. think of that, it's the bo

>>the sidewalks here union square front of macy's could have been school of employees in the union on strike. but they decided to nogo througwith it today and push it to some other day during the holiday season, 90% ofhe over 600 may see sales associates voted to authoze a strike. the plan was to do sotoday on black friday, but it ver happened shoppers say it would have been chs of the strike did occur on the busiest shopping day of the year. wow. >>that's chaotic oboth sides, you know for the its know nody wants to stri the just absolutely love bng on union square on friday, joy of the shops i think it would have been very said they would not yet having said that i mean i'm sure they have rightly they nt to talk to push far and we support that 2 of the ason employees in the union wanted to strike is because they've been at the bargaining table with macy's for over 6 months working on a new contract. >>retail workers say they ar striking not only for higher pay to keep up with the cos of living,but also it's mainly about their heah insurace they say it's an affordable one 3rd of emplo

macy's is a great balance sheet. i don't think they are in imminent trouble but if they don't figure out a way to appeal to a younger customer, get more people in that door, it's never going to work. more people are going out of business. i don't think macy's is one of them. i think you will see a lot of bankruptcies by highly leveraged retailers. anyone owned by private equity, take a look at it. the balance sheet is leveraged, they will be in big trouble. stuart: what are we going to do with all that retail space that will be opened up? >> it will be doctors' offices, place to get a cat scan. that stuff is really hot. place to take your dog. there will be places to do your nails. all kinds of great uses. the mall near me, they have a kung fu studio and ping-pong place. stuart: i'm not going to do it. we are all out of the habit of getting in the car, driving somewhere, opening the car door, going into a store, might buy this, might -- we don't do that anymore. >> the economy is growing. they will be turned into mix

. >> reporter: 16 giant balloons are ready to fly at macy's thanksgiving day parade today. >> this is magical for them to see them go from the ground all the way up into the air. >> five new balloons are making their debut including a new sponge bob green eggs and ham and astronaut snoopy. >> i went to see ronald mcdonald's. >> fans will have to keep their fingers crossed. high winds are expected in new york here today which could force the balloons lower or even to be removed. that has not happened since 1971. >> keep the city of new york in your thoughts and prayers sore the winds will be calm. >> people here are staying in the holiday spirit. mark liverman, cbs news. >>> so the threshold is that wind gusts can't reach higher than 34 miles an hour so they are still monitoring that right now. mark is going to join us live within the next hour for the latest on what officials are deciding there. back to you. >> we'll keep our fingers crossed. >>> the weather is expected to impact thanksgiving travel. we are learning more about yesterday's explosion that rocked parts of texas. we have

aunque los expertoss a aconsejan comprar solo lo necesario >> se cumpliÓ la tradicion y los globos de macy's pudieron volar a pesar del viento, aunque tuvieron que hacerlo a mÁs baja altura. >> el presidente cumple con la costumbre y visita por sorpresa a las tropas en afganistÁn. >> noticias telemundo con josÉ dÍaz-balart. >> soy julio vaqueiro hoy en lugar de josÉ dÍaz-balart. 23 millones de personas pasan este dÍa de acciÓn de gracias bajo alerta por el mal tiempo, muchos viajeros no podrÁn llegar a su destino, solo hoy mÁs de mil vuelos se han retrasado y decenas han quedado cancelados ademÁs tambiÉn por el mal tiempo, mÁs de 140 mil hogares se quedaron sin luz en california una asÍ es que nos vamos para allÁ con guadalupe venegas ¿quÉ tal?, cÓmo estÁn las cosas ahÍ? >> julio, asÍ se vive esta tormenta en el sur de california que tiene a millones de personas bajo alerta por peligro de inundaciones donde estÁ la lluvia. en las montaÑas una fuerte nevada que podrÍa dejar pies de nieve acumulada, ademÁs de que hoy esto tambiÉn las partes mÁs bajas. >> un dÍa de a

>> questlove: 34 street. >> jimmy: yeah, around where macy's is. >> questlove: right in front of macy's >> jimmy: yeah, and so, but by that time we're ice cold, frozen and that's when you have to like sing your song. >> steve: when you hit the stop, when you're super freezing [ light laughter ] >> jimmy: yeah, when it first starts you're kind of warm you're like -- and by the time you're like -- ♪ ♪ [ light laughter ] >> jimmy: yeah, you're reading tweets saying, "oh, he's lip-syncing. you're like, "yeah." [ laughter ] >> questlove: "you look weird. >> jimmy: "he ruined my holiday. [ light laughter ] but it's so fun. i love it. tomorrow, our thanksgiving show, we have a very family friendly show. tracy morgan is gonna be on the show tomorrow night. [ laughter and applause oh, man. oh, no what are you doing why would we do that why would we do that thanksgiving >> steve: oh, he's the best. >> jimmy: he's unbelievable. also we're gonna debut a music video we did with jason aldean and it's basically based on what everyone is doing tonight, i believe. it might be coming home from this u

macy teams up with the spca for animals up for adoption. the display will be up through new year's day. >> well, they'll get a front row seat to the rain next week. >> which we're finally talking about. meteorologist sandhya patel is here. >> it's absolutely terrific news, and they will have a front row seat and not actually get wet. here's a live picture right now from our exploratorium camera. and take a look at the embarcadero center all decked out for the holidays. winds increase on monday raising the fire concerns and we do have a cold wet pattern starting on tuesday. speaking of cold you feeling it outside? it is getting chilly. near freezing in napa and santa rosa. mid-30s and 45 in oakland, 39 in half moon bay. 40 in concord, 44 in san jose. so definitely bundle up. a few patches of fog can't be ruled out although on live doppler 7 right now we are not tracking fog or rain. here's a look at your saturday high temperatures. it's going to be a mild sunny day. 68 in livermore, 63 san francisco. 66 san rafael. 68 in fairfield, and 68 in

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the mishap courtesy of mother nature at the macy's thanksgiving day parade. >>> we have some freezing cold temperatures up across the north bay and some fog up there. black ice is an issue. the cold will go away. an atmospheric this weekend at ross, say yes for less... ...to gifts storewide... ...at 20 to 60% off department store prices. most stores open friday at 7am... ...with extended hours saturday and sunday. get your yes for less. saturday and sunday. don't miss the xfinityt gobeyond black friday event, when you can get $100 back with the package that's right for you. you'll get amazing speed and wifi coverage from america's best internet provider. plus the emmy-award winning x1 voice remote with xfinity x1, giving your family the easiest all-in-one entertainment experience. choose your package now and you'll get the gift of $100 back. now that's simple, easy, awesome. for a limited time you can get $100 back on our most popular packages. hurry this offer won't last, so switch today. your sister stopped borrowing your sweaters? yeah! that's yes for less. stop stealing mine... ne

the macy's parade set to begin in about an hour and a half. of course you can watch it here this morning. there's snoopy. there's a question whether the balloons can fly. we'll have a report in about 15 minutes. >> yeah, we look forward to that seeing whether it actually happens. the wind is so crazy there. it is freezing here. my defroster actually had difficulty this morning. >> if you're near the sheltered valleys or to the north or even around the coastline, we have the frost really taking over your windchill this morning. you may need extra time if you have to do the last-minute errands. look at the 30s we're waking up to in the north bay. 34 degrees. 35 in napa. 37 in palo alto. santa cruz 38. san martine 38 degrees. your temperature trend for the afternoon will be in the low, low -- pretty low 60s in some parts. by the afternoon a nice shift and more sunshine today. a welcome sight especially after a very stormy two days we've had here in the bay area. so now we're going to get a check of the roads and see how that's doing. that's not i

you look at the mall, look at kohl's macy's has to be near the new low. >> macy's is over 10% yield kind of extraordinary considering -- i mean 10% yield and the debt doesn't trade like it's in distress at all. there is some giant discounting. >> did you see terrie lund green the former ceo of nordstroms when he left there he was loaded up long macy's he but he bought wal-mart, costco and target. >> he said he did have enough macy. >> >> speaking of wrrmt and sticking with retail we heard from one of the world's biggest retailers. wal-mart ceo doug mcmillon is a said not everything is moving 00% online check out what he told the panel at the evolve event. >> i'm really confident they want stores because we see the evidence of that but a few years ago there were a lot of voices inside the company questioning everything and so we didn't go into it saying our purpose in life to prove that stores part of the future we didn't. we started with how do customers want to be served. it turns out the stores enup playing an important role in the process especially with fresh and perishable foods and

here we go, macy. as president of the united states, what would your platform with. >> well, definitely my mom is a teacher, get teachers pay raised. we need to help our farmers, and of course make america kinder. >> macy hensley, everyone. great job. >> meeting macy was such a highlight and she has a very bright future, i can tell you that the future is in very good hands. we can't wait to see what she does next. we'll be right back. y to handle whatever monday has in store and tackle four things at once. so when her car got hit, she didn't worry. she simply filed a claim on her usaa app and said... i got this. usaa insurance is made the way kate needs it - easy. she can even pick her payment plan so it's easy on her budget and her life. usaa. what you're made of, we're made for. usaa i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. we are solving problems that improve lives. aetto yours a health and wellness to on

right after today's thanksgiving dinner, major retailers like best buy, target, cokohl's, and macy macys are open through tomorrow. are the deals the same online as in the store? >> they absolutely are the same. sometimes they'll sell out but the deals are the same. >> reporter: with deep discounts of up to 50% off available now on electronics, tvs, computers, and smartphones will likely sell out fast. target is offering the lg 65-inch smart tv now for less than $500. you can order online and pick it up at the store between bites of leftover turkey. dell's laptops, at a discounted price of $500 and free two-day delivery. what's the best thing to buy this holiday shopping weekend? >> consumer electronics would be the way to go, you can take care of everyone on your list if you want. it's a great time to shop. >> reporter: amazon is rolling out black friday deals by the minute. some of the best prices, 50 to 60% off some printers and 45% off streaming devices. one of best buy's steepest door busters, $500 off a canon dslr camera and 350 bucks off the samsung 70-inch 4k smart tv coming in a

we will get to macy's, relatively constructive comments out of intel apple, of course, downgrades for amd and restoration hardware and the swirl of trade headlines we got overnight. here's a look at furutes we are back in a minute. we are back in a minute. >>ow. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats. can your car do this? man, y'all getting a hook up and y'all don't even work here. don't act like i'm not doing y'all a favor. y'all should be singing my praises. pacificaaaaa! with employee pricing, get $4,107 below msrp plus $1,000 bonus cash plus 0% financing for 60 months on the 2020 pacifica limited

comprar aparatos elÉctricos >> en la tienda del macy's en nueva york una multitud esperaba desde anoche para conseguir remates. algunos dicen que este viernes no es tan caÓtico como solÍa ser. la cantidad de clientes es mucho mÁs baja que otros aÑos" dice este empleado de target. el 85% de los consumidores planear hacer sus compras navideÑas entre hoy y el lunes. sÓlo 47% lo harÁ yendo las tiendas. aÚn asÍ se ha convertido en una tradiciÓn >> es complicado por lacantidad de gente que viene pero hacemos nuestra decisiÓn de comprar nuestro regalito. >> las ventas alcanzaron mÁs de 140 y $3,000,000,000ya veo que estÁn horrorosamente llenas las lÍneas para pagar. imagÍnate para entrar. >> desde hace dos y tres 10 que