Retail Pie News Today

Macys. >> hay, it happens every year. the national retail center says about 40% of clothing is returned. that is a lot of returns when you talk about hundreds of billions of dollars every year. it makes it a very busy day here and week. macys opened very early this morning. i think 7:00, opening at about 11:00 tonight. a little rainy here tonight. at least it is not freezing cold. theyre open early, theyre staying open late. a lot of people shopping. it looks like it is before christmas and not ...

Many stores expecting to see a steady stream of shoppers through the middle of january. lots of shopping to be had. rob smith live in new york. hes at harold square with more. repo all right, robert, are you seeing people going in with bags more than coming out with them? >> reporter: not a lot of bags in general. a lot of people window shopping i think today. laura, i always ask myself, why would you ever get somebody clothes for christmas because its a particular thing, how do they fit, how do...