>> yeah. >> walmart is not cheap. we've been doing the walmart versus target trade. it's been a lopsided victory for one side or the other and walmart has been outperforming aggressively walmart probably trades three or four turns premium to the market where target is probably three or four turns below the market as much as i love walmart and i am long walmart and have a little bit of target, much smaller position, i think target -- >> let's play would you rather it's monday. let's do it. so walmart or a staples company like clorox? we're talking about valuation of the company. we're talking about companies that you can argue do much better when the economy is in a downturn, when a consumer is strapped you want to go to something that they can buy all the time or they can go to to save money. >> yeah. i haven't looked at clorox closely enough to answer that. >> change it for p & g. or kimberly clark. >> i would rather walmart given that game. procter & gamble is more expensive than walmart listen, walmart will win in the environment that we find ourselves in in that

i did it chart that shows walmart and the walmart profit margin, even though they had a reasonably good quarter, the net margin was negative and the ppi for trade services which is what they call it is also negative so it shows some margin compression and if that continues, you will see companies not able to raise prices with margin trouble but you will all see price increases slow down. jon: that's helpful context and you help us with our transitions on this tuesday because we will continue the conversation on the retail front with walmart results so thank you so much as well as home depot. both stocks are moving higher after better than expected results and we want to get more perspective on what's going on. joe is the senior managing director and assistant director of research. brendan cases joining us on the quarterly results. just on walmart, the lead on your story was the idea of consumers flocking to walmart to look for deals in this inflation filled environment. >> walmart is getting a lot more traffic both transactions and the average ticket is up. they are also getting a lot o

and also walmart is seeing wealthier customers come shop at walmart as well. what has been weaker is general merchandise. home electronics and apparel. apparel is a watch-out category at-large given the changes in different kinds of apparel that is needed. as we think more broadly we like luxury goods. we think spending power is still there. lvmh, micro cores, as well as coaching tapestry. we like what we are seeing with handbags. we think health and wellness are big topics as well. taking it back to walmart, we are -- we are impressed with the grocery results. that is a stabilizing factor, and they have done a really good job executing prices there. guy: if inflation starts to come down, and i appreciate we are in the early stages of that moderation, do you switch back out of the stables and head toward more discretionary? you have made some names at the top end of the luxury space, but how does discretionary do in an environment where inflation is starting to roll over? oliver: what we are really watching for luxury goods, also these data points on china. th

and one customer that was in walmart during the shooting texted her daughter. and her daughter shared a screenshot of the text exchange with her mother on facebook. where she tells her mother to hide. her mother said she saw a victim on the floor. i'm crying, i'm shaking, the daughter told cnn. i had just talked to her about buying turkeys for thanksgiving, then his text came in. the mother is still in shock, understandably. but she has been reunited, thankfully with her daughter. walmart has released a statement saying we are shocked at this tragic event at our chesapeake, virginia, store. we're praying for those impacted, the community, and our associates. and we're working closely with law enforcement and we are focused on supporting our associates. well, cnn's brian todd is on his way to the scene. he joins me now by phone. brian, i know you're not there yet. but what more are you learning about this mass shooting at a walmart in chesapeake virginia that's resulted in these multiple fatalities and injuries? and we don't have confirmations on numbers at this

walmarts are open. many of them are open 24/7 here in the united states. they are very busy places around thanksgiving and christmas. so a key thing is going to be, a key piece of information to learn is not only how many casualties there are dead and wounded, but how many people were in the store, what witnesses were saying. a lot of this is going to be pieced together later this morning, rosemary. >> it is a horrifying situation for people to try to digest. and brian, as you point out, police, they don't expect to be able to provide an exact number of walmart shooting victims until -- until wednesday, perhaps later wednesday. do we know why they're delaying that announcement? is there any understanding of what's happening with that? >> well, the police spokesman leo kosinski did say this is a big store, that there are a lot of places to hide, and they have to very meticulously go through the building to see if anyone has been hiding and see if maybe anyone who is hiding, if there is anyone hiding might be wounded. so they are, you know, everybody has bee

walmart and home depot beating on earnings. home depot slightly in the red right around the flat line walmart jumping up 7%. we have more on their quarters later this hour. >>> plus, bath and body works rallying after dan lobes revealed purchase in the stock in the quarterly s.e.c. filing for last quarter those shares are up 3-plus percent. we get those earnings tomorrow. >>> we'll end with harley-davidson, under pressure after jeffrey's with an underperform rating. price target of $39, saying, quote, the early inroads of the hard wire strategy will be tested by a less favorable back drop over the next 6 to 18 months you can see those shares are also at the flat line. carl >>> meantime, markets are cheering another lower than expected inflation report our senior economics reporter steve liesman has more >> the inflation data in the past week going 2 for 2, coming below expectations capped by this morning's beat on wholesale prices could point the way to better consumer inflation numbers down the road and, perhaps, less fed tigh

walmart. thank you. do you take target as a bellwether for consumer spending on discretionary items here? >> welcome to the whacky world of retail where somebody does good, somebody does bad and guess what happens it's a really interesting story to see target and walmart release so close together with what looks like different results, but when you peel it back, it was quite similar walmart's growth as everybody knows came from their food business and target talked about struggles in their general merchandise areas as you just told everybody if you peel it back and look at walmart, that was negative in their release, too those categories, so you know, if this is the time when the walmart folks are real glad to be selling a lot of food and now that food growth is inflation. so by and large what we're seeing is promotional activity from the consumer that's driven in part by the consumer and their you know, interest in being weary with their spending, but in large part, driven by the absurd inven

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we don't know what happened tonight at the walmart. but we certainly know that in colorado, it took the bravery of an army veteran as well as others to stop the assailant, even though that response was relatively quick, just three or four minutes. and then you look to the motivation, whether it is hate, whether it is harassment, that leads to hate, which may be the case in colorado. or an employee issue. those motivations are also important. the data is clear, and the research is clear that people do not just wake up, get a gun, and shoot people. that they are talking about it. they are well being or lack thereof is known by community. it's going to take people stepping forward. it's not just a matter of red flag, laws it's a matter of a community also recognizing the threat inside in terms of family members or others. both of those are -- will make things less worse. because they can't get worse. i guess they could hear. but both of them have to be focused on. what we have is gun rights activists sort of ignoring the means, right, the

today is walmart and home depot. jharonne, great to see you. >>> let's get a check on the other headlines with fphillip mena >> uva students and faculty held a vigil last night remembering the lives lost the suspect, christopher darnell jones jr. was arrested 75 miles away from campus he is expected in court today. >>> former mayor rudy giuliani will not face charges in the case prosecutors were deciding if giuliani and close adviser violated lobbying laws when he campaigned the ambassador from ukraine. prosecutors seized electronic devices as part of the probe, but did not uncover evidence to charge him with as looking to sy undefeated washington had other ideas brian robinson muscling into the end zone for the score as part of the second quarter. washington kept the eagles offense on the sidelines for over 2/3 of the game undefeated no more the commanders hand philly the first loss of the season 32-21. seema, back to you. >> phillip, thank you. >>> still on deck, beaten down chinese tech names getting a big pop ove

walmart outperforms and recessionary periods so the numbers that we saw on walmart, home depot, lowe's, t.j. maxx as t safe to say that the retail sector, the consumer is still in good hands? >> thanks for having me today. what we are seeing as evidenced by the retail figures is that the consumer is still relatively healthy although that health could be moderating a little bit. the consumer is continuing to spend but what we have seen as a continuation of what we have seen all year is that how the consumer is spending is shifting a bit. we saw significant growth over the last two years, particularly in some discretionary categories like home furnishings and others as consumers were saving money from not spending on travel and entertainment. to some extent, we are seeing a bit of the reverse of that. that pandemic feels mostly over. the consumer is going back out to travel to concerts, to sporting events, and we are seeing some moderation to some of these discretionary categories. target be more exposed to some of those categories then walmart which explains a fair bit of the differenti

you'd have to reach out to walmart at the time. >> but he was a current employee of the walmart? >> as far as i know he was a current employee. >> and you may not be able to answer this as well. >> sure. >> do you know if the walmart is going to be closed? i imagine it's going to be closed for some time? >> yes. while we process the scene, it will stay closed. we're in cooperation with the fbi processing the scene. >> the condition of the victims, are they critical -- >> i don't have that information. conditions are unknown. >> do you know if they're all at one hospital or multiple hospitals. >> area hospitals is what i have. >> is there a reason the next of kin hasn't been notified yet? >> i don't know why. whether they're trying to figure out who his next of kin are and where they are. >> you said that you don't believe the community is in danger. what leads you to believe that? why is there no further threat? was he acting alone? >> as far as we know, yes, and he is deceased. >> all right. any further information. we'll conclude that at this point. information going forward wi

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this is a super walmart. many shoppers would've been there doing their last shopping for this holiday. the death toll could've been much higher considering he was in this store. it was an active scene for half an hour. >> that's right. what we are looking for it's such a large scene remember the police are getting conflicting reports. someone says he's here, another person says he's there. that's common in these situations. when they enter, when they say 30 minutes it does not mean that they are standing aside like we saw uvalde. they are inside the building. it's are not hearing shots, that indicates suicide or stopped by someone else. they don't know who is. they don't know what person or individual people, running in, people are running it, they don't want friendly fire. they don't want to shoot anyone who is just a customer. so the length of it is not surprising, if the active shooter will yeah i calling, they not hearing gunshots, they don't know where he is. that's how this would've unfolded in the room

i'm at walmart, there's an active shooter. her daughter pleads with the mother to go and hide. >> the mother says somebody is dead on the floor. the police are here now. the daughter tells cnn she had just spoken with her mother about buying turkeys for thanksgiving. she said her mother is still in shock. they've been rae united. we spoke to josh campbell. we asked him what he's been able to glean from the details that we have so far. >> reporter: there's the customer area which most of us are used to being in. you go, you buy your items, you check out and you leave. there's a separate segregated area for the employees where they have their down time. this shooting took place primarily inside that area. so that's key for investigators because that tells you that the person a peerts to have at least some access or familiarity to that particular area and, secondly, looking at the timing of the shooting, we're told this took place just around the 10 p.m. local hour. this store itself closed an hour later. we have covered so many

coming up, a big win for walmart. shares jumping but can we expect the same for the rest of retail mickey ey drexley is warning th entire retail industry when "fast money" returns. >> get your trades to go with the "fast money" podcast catch us any time, any where follow today on your favorite podcasting app we're back right after this. ♪ my finances were all over the place. and my banking relationship was getting... well, complicated. hahaha! so, i broke up with messy accounts and moved my money to sofi. now i earn higher interest on my checking and savings, and bank, borrow, and invest—all in one app. feels nice being in control. break up with bad banking. get up to 3.00% interest, and bank, borrow, and invest—all in one app. plus, download the sofi app and earn up to $250 when you set up direct deposit. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you ar

walmart is a barometer for that. the amount that individuals have for discretionary purchases is evaporating with higher prices at the gas pump , higher rental costs, these are core things you can't escape. what does happen is purchasing patterns change and walmart i think could be a beneficiary of that. i'd like to see how the numbers he play out. but clearly, their consumer is under pressure. it's how they execute that will be the story. maria: all right. we will leave it there. mark, great to have you this morning. thanks so much. mark avallone joining us on all of this retail bonanza this week. we'll be right back with a big show ahead. stay with us. you'll always remember buying your first car. and buying your starter home. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe

that's walmart's black friday deals for days. s&p down 4 nasdaq lower by 20 as we report major retail earnings this morning, also 15 minutes away is from retail sales for october we are expecting a gain about 1% month over month retail sales joining us to talk macrostory investing this morning, is menden capital advisory president antone schultz, what is your take on broad macrostory how are you finding opportunities today. >> if you really think about it fed has been very aggressive uber aggressive, and depressed a lot of elevations particularly in value particularly, in financial seniors sector people are trying to extrapolate to next fed -- sounds crazy extrapolate through certification trying to save, 2007, say 2007, 2008 i clearly say nothing like 2007-2008 the banks not product the negative mortgages aren't out there bad guys, gone retired, and a lot of the lending that really became conservative especially spring of 2020 remained over the last couple years in the banking system, the real stress the question is outside bank

>> i can't confirm that you have to check with walmart to be sure psure. a pencil is all we can say at this time. pistol is all we can say at this time. >> was it at any certain employees or shooting at random? >> we don't know this is still ongoing so there is no clear motive at this time. >> do we know if the victims are also employees? >> we can't confirm that at this time. >> can he tell us of the suspect was wearing any type of what he was wearing or any accessories or ammo on his person? >> i don't have that information, i'm sorry. >> it was said the shooting happened in the break room. was the door locked behind this individual after the shooting started? can you share any more information about what happened inside the break room at the time? >> i cannot. like i said the investigation is ongoing and we will be processing that seen for days and we are not sure and i hate to put out misinformation. >> was there anything you are aware in the shooter's background? >> not at this time. not that i am aware of at this time. like i said the investigation i

you know even when they are not choosing walmart something we learned from walmart, they are picky what they buy. walmart says shoppers are buying less expensive proteins such as hotdogs and beans. they cited peanut butter over pricier meats. that same mentality is seen with the holidays, with the shopping season already in full swing. walmart says people are spending more on their food, less on discretionary items like clothing gifts. early deals get the shoppers in the door, town the toy aisles. even with the deals, families buying gifts for the who is today are expected to be stretched thin. >> consumers are saving money than ever before. we're spending a larger portion of disposable income. we're drawing on the savings. in some cases consumers are drawing on debt. they're borrowing money to maintain these high levels of spend. reporter: luckily we have seen some savings with companies like walmart because they had inventory gluts. they had to move product. that helped walmart. it also helped the consumer who were benefits of those savings. walmart went from inventory level of 25% in

what we're trying to figure out today is good walmart, walmart's numbers were fantastic, bad target equals what? i will 30 retailers into this as well. does it signal a soft landing? the consumers are trading down. that is targeted to walmart, but still spending, that is the retail sales number. i wonder if this is good news for the u.s. economy but probably means the fed has got more work to do. let's kick this around. mike mckee and kriti gupta join us. what do you make of what we have learned over the last day or so with regards to the consumer? the numbers were good, that means consumer trading was down. the retail sales numbers were okay. that means there is still spending. is that the right read? michael: it is slightly off. people seem to be shifting the next of what they are by. they are by, grocery stores did well. clothing stores were flat and department stores were down during the months in terms of retail sales. a store like walmart that has an much bigger grocery part of its business is going to do better. also, target had inventory problems. not all stores are going to have t

the terror inside a walmart in chesapeake, virginia. a store manager accused of killing at least six people, then taking his own life. a survivor describes in chilling detail how the suspect walked into the break room, opening fire without saying a word, shooting at everything that moved. a bullet whizzing right by her. what we're now learning about the killer and his victims. >>> and the first court appearance for the suspect accused of shooting and killing five people at an lgbtq nightclub in colorado springs. the suspect slumped in a chair with injuries to the face and head. and what we're now learning about a disturbing facebook post from the suspect's mother just hours before the shooting. matt gutman in colorado. >>> the thanksgiving travel rush, as we come on the air, 55 million people on the move this holiday. travel numbers close to p prepandemic levels. gio benitez on america's crowded airports. rob marciano is tracking two systems over the thanksgiving weekend. >>> the department of justice is now asking to question former vi

authorities say the shooter was an employee of walmart. reggie: local hospitals are dealing with the rsv surge. children's hospital in san francisco has a tent with room for seven people. at least three other hospitals have confirmed their having to adjust their services. jobina: copeland's next mayor will hold a post-victory news conference after sheng thao took the lead in rank-choice voting. lauren taylor conceded the race. reggie: a live look at as over the thanksgiving travel rush is underway. it is expected to be the one of the busiest days on the airport and on the road. the worst traffic will be between 4:00 and 5:00 on i-80. lisa: we begin our warm-up today . winds in the upper elevations. sue: looking at your thanksgiving day mass transit. all on sunday or weekend or holiday schedules. jobina: an experimental baker is getting ready to gobble all of the carbs. she shared this video of her meat free version of a turkey. the sourdough loaf could also be served as a side dish if you also have the real turkey. reggie: did you see that

if you can leave the walmart, leave the walmart. but we just don't know what's happening inside either particular room or the area. and again, we cannot say it enough that these are not rational conversations to be having in a country that should be able to solve a problem like this. >> neil, i mean, we just don't have that many details right now. but it sounds bad. again, we are just hearing from law enforcement in chesapeake, virginia, that there is a walmart, i mean, there is a shooting at a walmart. tuesday night, i mean, you know, look, people are shopping. as close to midnight, obviously, on the east coast. but we don't know exactly what time this happened. but they are reporting multiple fatalities. >> yeah, alisyn, and, again, two days before thanksgiving, we know people were out shopping. this is a huge walmart. i'm very familiar with chesapeake, virginia. it's a heavily populated area. you have a lot of military personnel there. it's in the norfolk area. and, you know, i assume, i don't know for sure, but i assume there we

and walmart made a lot of changes. >> it's a big question for walmart and what they do in the wake of this. it's interesting what she confirmed there, which we had not had confirmed, which is a supervisor. >> sounds like current. >> we're waiting for a press conference. >>> breaking news happening out of jerusalem where police say two explosions this morning are suspected of being a combined terror attack. this is what you're looking at now. this video that has been widely shared on social media showing one of the blasts as it happened that ended with a 16-year-old student dead. hadas gold joins us from the site of one of the explosions in jerusalem. good morning, what can you tell us about these bombings? >> reporter: don, at the site of the first explosion. this is a bus stop along one of the busiest arteries in and out of the city. police say the first explosion happened here just after 7:00 a.m. they say a bag was placed here just on the fence behind me. you can see people are gathering here to take a look at the scene. people have been praying here. the explosion went off just af

shares of walmart are rising today. the retail giant raised its outlook after strong quarterly sales. walmart also announced a new $20 billion repurchase plan. it continues to gain market share in the u.s. grocery business. global news 24 hours a day on air and on bloomberg quicktake. powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ we all have a purpose in life - a “why.” maybe it's perfecting that special place that you want to keep in the family or passing down the family business or giving back to the places that inspire you. no matter your purpose, at pnc private bank, we will work with you every step of the way to help you achieve it. so let us focus on the how. just tell us - what's your why? >> we think it will probably be appropriate soon move to a slower pace of increases, but i think what is really important to emphasize, we've done a lot, but we have additional work to do both on raising rates and sustaining restraint to bring inflation down. jonathan:

authorities say the shooter was an employee of walmart. reggie: local hospitals dealing with the rsv surge. ucf hospital in san francisco has this tent with room for seven people. at least three other hospitals have confirmed to abc7news they have made adjustments. jobina: oakland zoo next mayor will hold a post-victory news conference today. it comes after zhang tao took the lead over the weekend. roy taylor conceded the race yesterday. reggie: le look sfo w thankg trf the b days at the airport and on the roads. aaa says the worst traffic will be today between 4:00 and 5:00 p.m. from interstate 80 all the way to san pablo dam road. lisa: the weather is going to be nice. 30 sand 40's again with temperatures a little warmer, 60's near 70 with gusty upper elevation wins. sue: following your wednesday commute with tomorrow being the holiday, i thought we would check in with your mass transit availabilities. bart will be on sunday service, caltrain weekend and all trains for your golden gate will be on holiday schedule. jobina: metta is denyin

the terror inside a walmart in chesapeake, virginia. a store manager accused of killing at least six people, then taking his own life. a survivor describes in chilling detail how the suspect walked into the break room, opening fire without saying a word, shooting at everything that moved. a bullet whizzing right by her. what we're now learning about the killer and his victims. jay o'brien is in virginia. >>> and the first court appearance for the suspect accused of shooting and killing five people at an lgbtq nightclub in colorado springs. the suspect slumped in a chair with injuries to the face and head. and what we're now learning about a disturbing facebook post from the suspect's mother just hours before the shooting. matt gutman in colorado. >>> the thanksgiving travel rush. as we come on the air, 55 million people on the move this holiday. travel numbers close to prepandemic levels. gio benitez on america's crowded airports. rob marciano is tracking two systems over the thanksgiving weekend. >>> the department of justice is now as

but you mentioned walmart. there's the trade that walmart participates in, but walmart is also i think the largest retailer in mexico, very significant operations in china and india. as i drive through the very prosperous and growing northern arkansas i have to believe some of the jobs there and prosperity that we are seeing in northern arkansas is due to the fact that you have a global business that is not just engaging in trade but very actively involved in selling in other parts of the world. but what are the benefits of having these global companies in a state and how do they bring benefits to arkansas? gov. hutchinson: it is extraordinary. you have walmart, you have tyson's. both global companies. in south arkansas you have murphy u.s.a. and murphy exploration that does global exploring for oil reserves. but if you just look at northwest arkansas and ask about the benefits. walmart has been extraordinary not just as a company but also the walton family of entrepreneurs has made a big difference for our sta

>> todd: fox news alert, seven people dead after someone opens fire in a chesapeake walmart. the shooter is deceased. >> they realized it was an active threat, went that motion. many other officers responded, located multiple fatalities and multiple injured persons. little while later, through the course of providing treatment, we were able to establish we believe it is a single shooter and that single shooter is deceased at this time. >> todd: five people have been rushed to the hospital, it is expected the scene is still very active. >> it is said the shooter is neutralized, this is still a multiple homicide investigation, they will painstakingly go over every inch of the scene, there will be spent bits of brass at the scene, those have to be documented and collected. it is about relationship, when they were when this occurred and maybe in some way, this will go back and help the public and authorities and certainly most importantly the families understand what exactly happened. >> a large police presence responding to the shooting, including fbi agents, officers set to giv

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you mentioned walmarts. walmart is also the largest retailer in mexico. very significant operations in china and india. as i drive through arkansas, i have to believe that some of that, some of the jobs they are, some of the prosperity we are seeing is due to the fact that you have a global business that is not just engaging in trade, but very actively involved in other parts of the world. what are the benefits of having these global companies? how do they bring get to arkansas? >> that's extraordinary. you have walmarts, tysons. both global companies. you have murphy that doesn't global exploring for oil reserves. but if you look at northwest arkansas and you ask about the benefit, walmart has been extraordinary not just as a company, but also the walton family of entrepreneurs is made a big difference in our state. they invest. they and -- they created the world class american arts museum. it is one of the fastest growing regions of our country. they believe in recruiting talent because you have a workforce that is continuing to grow. they want to impro

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we expect the walmart and amazon of the world to continue to consolidate the ecommerce space. it's hard for other platforms that don't have other offerings to compete in this world tackling them is a tough business and you have companies like wayfair and chewy were first movers they educated the consumers how to buy a couch online. or automatically ship your dog food to your house, but brick and size is might and we continue to see consolidation by the large players. >> at an interesting moment now. michael, appreciate it great to see you thanks for the help. >> thanks so much for having me. >>> chinese tech names continue to have a great value. up do you believe digits since the first of the month and it's gained a whopping 45% amid reports u. sumpt if you zoom out, they have been a major underperformer "techcheck" is back in two another busy day? of course - you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise a

walmart is up slightly. lauren: it was up one. 5%, walmart was the great juxtaposition to target. i countered 14 brokerages this morning that raised price targets on walmart, the highest was one hundred 75, ubs goes to 170. 75% of grocery share gains at walmart came from those making $100,000 so people with more disposable income are trying to save money or get more value by going to walmart and not going to target. stuart: the governor of texas, greg abbott declared an invasion at the southern border. how will the white house respond? or missile strike near the border of ukraine kills 2 civilians in poland and we now know where it came from. world leaders gather at the g 20 summit expect poland to invoke article 4 and nato ambassadors are set to hold an emergency meeting. this is all about the missile that killed two people in poland. jack keane will break it down after this. ♪ america's most affordable ev. evs for everyone, everywhere. chevrolet. research shows people remember commercials with nostalgia. so to help you remember that liberty mutual customizes your home insuranc

at least six people shot dead inside a walmart. authorities are set to give an update at the top of the hour. we will bring you that live. ♪ customize your kitchen at lowe's with the samsung bespoke refrigerator. buy more save more on samsung appliances plus get $350 off instantly when you buy any 4 pieces. shop daily steals this black friday exclusively at lowe's. >> if we realize it was an activist situation. >> multiple dad and wounded after a shooting in a walmart. >> they will go over every inch of the season. seem. >> no video showing inside the home where those four students were stabbed. >> 646 tips. >> they look into that kaylee had a stocker. >> my impression is this is someone who had a lot of anger toward the victim. >> held a press conference is where he took aim. >> secretary mayorkas does not resign. see if they can begin. >> dr. fauci's final appearance of the briefing room goes off the rails. >> i'm done. >> biggest question of our life time. where did coca-cola come from, dr. fauci? >> and for australia! ♪ ♪

you ask me walmart or target i think right now walmart because of the food they got the extra trip and the extra volume coming from the food so they have a better chance to sell their general merchandise than, say, target does that's going to be the challenge. how is that mix going to play out and can they mix the lower margin food business with what's typically higher margin broad lines general merchandise. but if you have to sell it on deal, the food margin starts looking good it's going to be really challenging. >> i'd like topress deeper on the food this is tim. thanks for joining us. if you look at walmart's third quarter comps up 8.2%. over 6% of that was basically inflation related. if i look at some of the inputs on food inflation, wheat costs are back to are they were pre-ukraine invasion, other inputs coming down is that something we should be concerned -- i'm long walmart. this has been a great run. is that something that has been a strength could it be a relative context year over year becoming more difficult? >> i think you have to look at real numbers the overall, you kno

walmart confirms he was an overnight team leader. his home seen here with the door smashed in by police when they and other agents were on the scene investigating. police say the gunman was armed with several magazines and a pistol that he used to kill at least six people. two of the victims were found dead in the break room along with a gunman who police believe died of a self-inflicted gunshot wound. another victim was found near the front of the store. three victims were taken to local hospitals but later died. at least six other victims were also taken to the hospital with two in critical condition. brianna telling us of warnings she had gotten from other employees about bing. >> they warned me that he was just a manager to look out for pretty much. he would write you up just because he could or if you did something that he wasn't a big fan of. he picked a lot. i guess that's what i heard. he was just that manager that would probably give you issues. but not anything to this extent. >> reporter: other employee witnesses in shock.

. >>> the new details from the walmart shooting. a survivor who had started working on the overnight shift just five days ago reveals what she says the gunman told her while pointing a gun directly at her. how she managed to get out alive. >>> president biden renewing his call for an assault weapons ban after the recent spate of violence from virginia to colorado springs. >>> the deepening mystery in mexico. an american dies under suspicious circumstances, now an arrest warrant is issued. what we're learning tonight. >>> the race to survive in ukraine, as russia steps up attacks. new strikes targeting a recently liberated city in the south. major cities plunged into darkness. millions now in survival mode. without electricity, many are searching for clean water. our marcus moore tonight from kyiv. >>> workers and chinese police clash over covid restrictions. and pay at apple's biggest iphone factory. what the dispute could mean for the international supply chain. >>> the dramatic rescue on a pond in illinois. officers race to save a

should this person have been employed in that walmart store? should he have had access to those employees and shoppers? that's what we should expect to see which are civil lawsuits, wrongful death lawsuits and other kinds of lawsuits seeking monetary damages in this case. >> and from what we're hearing we had a supervisory type of position and had worked there for over ten years. steve, let me ask you from a legislative standpoint, we heard condolences from the president, but we also heard him speak, again, on the need for gun reform, specifically calling for an assault weapons ban. from your standpoint, is there evidence that shows when we previously had the assault weapons ban enacted in this country for ten years from 1994 to 2004? do you think that the evidence shows that if one is enacted again -- that's a big if because we have a divided congress. do you think that would lower the number of these mass shootings given that the weapon commonly used in them? >> i think what would lower it more is to get our hands around -- our heads around t

at the walmart? >> we know it happened at 10:45. that happened 45 minutes before the walmart closed. you see where i am standing right now. how many times have you rushed to a walmart to a store before closing to get those last items? that is the way that this store was last night. it was packed just before closing. the 31-year-old man walked into the store with a pistol and a few clips and shot dead six people. three, including himself, inside one of those employee break rooms. somebody else, an employee died at the front entrance. three other employees managed to make it alive out of the walmart, but died in nearby hospitals. we now know that all of those killed worked at this walmart commitment of the shooter who took his own life was a manager. now, please our continuing to look through the scene behind me. they want to get all the forensic evidence they can. there will not be any kind of legal action here because, of course, the gunman is dead. i want to address your overall point, though. it is about where we are as a country

we're learning more about the man police say gunned down and killed six co-workers in a walmart. what we know about the investigation. >>> and historic match-up. team usa gets ready to take on england in what could be the most crucial world cup match in our nation's history. >>> good morning, i'm michael george in for anne-marie green. tens of millions of americans are expected to jam-pack stores across the country today for the unofficial holiday we know as black friday. the national retail federation says an estimate 166.3 million people are expected to shop between thanksgiving and cyber monday. that's about eight million more than last year. that includes more than 114 million people today alone. bradley blackburn is outside a best bay in woodland park, new jersey. i know it's early, but what's it looking like there? >> reporter: well, michael, right now it's just us. there was a time not too long ago when shoppers would have camped out here overnight. the store even has a fence set up to manage the crowds. but black friday has changed. the deals start earlier, the shopping s

obviously, walmart has this power. they are just trying to hop on each other's back to move the water a little more in their favor. if we try to put those guardrails out there and level the playing field, and say look, we want a fair shake for a broad spectrum of retailers. then mergers like this become less consequential. scale will still occur for operating leverage. it will still occur through know-how and technology, and culture, and capital. those things are all still going to exist. but when we get down to the rock cost of goods, which is our biggest line, this is the one we want to make sure at least we are prepared for. >> right. is there a way to mitigate against the water bed affect? in a transaction like this one. because you've acknowledged that there can be economies of scale. >> it's less about this transaction, sir. it's more about just overall oversight on a rule that is on your books. so either there are two ways to do it. you can dust off the rule and say, does this rule that's quite old apply to toda

. >> respond at the 402 1521 sam's circle at walmart. >> this is super walmart. heard several shoots inside probably 20 minutes ago. >> reporter: six people plus the shooter killed after witnesses say a store manager went into a break room and opened fire just as employees were gathering for their shift. >> at the walmart, 16-year-old male is conscious, is breathing. cause of a gun shot wound. i've heard now there is serious bleeding. not responding normally. we have police en route and on scene. been rd lal several victims hospd very mission began. wsilly ke tacticallo entte ities anmultle injured >> reporter: officials saying because the store is so large many people may have been hiding prompting fear that victims may not have been immediately located. >> it's sad. you know, we're a couple days before the thanksgiving holiday. any time it's sad and bad for everyone involved, especially the victims. this is horrible. >> reporter: witness terry brown telling our affiliate what she felt in that store. >> there are no words. there are just no words. to see this un

today kroger ranks fourth in total revenue behind walmart, amazon costco. and we compete with these companies to sell groceries. the combined company will remaim at number four. we have worked every day to deliver the high quality products and value our customers want. we operate on razor thin margins for this merger will give us the flexibility, national footprint and digital capabilities to compete more effectively. our commitment is to provide fresh affordable food foror everyone. this is especiallyy important today when inflation impacts so many families. we help our customers save money with low everyday prices, personalized promotions, fuel rewards and best in class branded products. and fyi, a lot of people call private label we call it our brands. this merger will allow it to compete even more. a point i think is especially important is that our business w model this or fundamental business model is built around lowering prices to attract more customers rather than making higher margins on fewer customers. our fundamental strategy is to lower prices

but surprisingly, the carjacked car, a red civic, was still in the walmart parking lot. the vehicle's owner was shaken up, but okay. >> he was approached at his driver's door by this suspect. >> reporter: guy displaying a gun? >> displayed a gun, told him to get out of the car. >> reporter: and why didn't the gunman take off with the car? >> when he got in the car to attempt to drive away, he didn't know how to drive a stick. >> reporter: you're kidding? >> no. >> reporter: nearby an officer spotted a nervous-eyed man with a bad '70s era afro wig. >> during the foot chase, the wig fell off. >> reporter: a guy who steals a car he doesn't know how to drive and then bolts in a jimi hendrix wig might have been comical. but this suspect on the run was also armed. >> he was putting his hand in his pocket, possibly trying to get the gun out. >> reporter: the gun and a clip were tossed away that ended when police zapped the man from a taser gun like this one. when the jolts wore off and the man was back on his feet, lieutenant blarek recognized a familiar face, someone he had se

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this time at a walmart in chesapeake, virginia. sources tell cnn that a store manager armed with a pistol stormed into a break room and opened fire killing six people before police say he turned the gun on himself. now, police have not named the gunman but multiple sources tell cnn the shooter was 31-year-old andre bing, an overnight team lead who worked there for over ten years. here's witnesses describing how the chilling attack played out. >> yeah, he just literally just started shooting throughout the entire break room and i watched multiple people drop down to the floor whether they were trying to duck for cover or they were hit. he just opened fire. he looked directly at me but luckily he missed my head by an inch or two. >> i'm talking about just left out the break room. come in there, started capping people up in the -- started shooting, bro. like i'm whole, though, sadly. we lost a few of our associates. >> several victims remain hospitalized and we should note this marks the third mass shooting in virginia in fewer than t