Finia oh, 139. I have to relax. Nina okay. Lemonis okay, okay. Nina youre not dizzy, are you . Finia nina, you see how aggravating this is . Lemonis im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Im in atlanta, georgia, and im on my way to perimeter mall, and im here to see Macaron Queen, which is a very small startup in the dessert space. Its clear to me that Macaron Queen has a Good Business model on a small scale, but this particular product possesses all the qualities needed to actually become a directtoconsumer product and a big wholesale product. They want to grow, but they want to grow profitably. Woman 2 a princess cake, two of those creme brulees. Lemonis i love french macarons. I would almost call myself a macaron s
Headwinds for the consumer and continued layoffs and Economic Uncertainty and the lack of additional stimulus from congress so can this consumer remain resilient. Pete, throw anything at the consumer and it seems like he or she will continue to spend it does seem that way its amazing mel by the way, its good to see you. When you break it down its about a couple of Different Things and stimulus is out there and by the time they get into two or just after the elections i think well start toy so more stimulus if we dont see it sooner than that, that will help, but anybody thats got ecommerce exposure and they have it on the Positive Side like target, like walmart and home depot, lowes and so many others and they have the digital side and retail is doing very, very well. If they dont, then many of those are definitely struggling and i dont know how many of those will survive and you have to have the ecommerce arm if you want to compete in this environment. Curbside pickup doesnt cut it for
Lemonis putting not only his company at risk. This is a terrible representation of the business. Im embarrassed. But his most important relationships, as well. Ben then i said, well, whats the plan . Is there a timeline . Kristin you didnt say that. Ben Something Like that. Kristin you didnt say that. You didnt say that. Thats when you said youre the real housewives of new jersey. Lemonis if i cant help him learn to respect his staff. Ben to be frank, i dont really see a relationship continuing. Lemonis . And relinquish some control. Do you not trust people . Ben no, i dont. Kristin theres been times when hes said to me he hasnt trusted me. Lemonis . This business may just wither away. Ben this is my home. This is my life. Sometimes i cant shake it if i dont feel comfortable. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning, wondering if we have a job. Were going to wake up every morning wondering how many
Later, a Bed Bath Beyond stock handing in one of its best days ever one of our traders says it could be headed even higher from here. We start with a developing story out of washington. The next round of coronavirus aid apparently hanging in the balance. Lets get right to it with ylan mui. Reporter the house has begun debate on democrats 2. 2 trillion relief package with a vote expected later on this evening. Five Straight Days of negotiations between the treasury secretary and the speaker of the house nancy pelosi have failed so far to produce a compromise the white house has propose aes 1. 6 trillion bill but those numbers are still far below what democrats are willing to accept. Pelosi also pointed to business and child tax credits as another major Sticking Point in a statement her office said that the two sides discussed further clarifications but distance on key areas remains. Chuck schumer put it even more bluntly. He said, they are not in agreement yet and there are lots of area
Were going to find out why. Plus, tiktok goes the clock. Were all over latebreaking developments on tiktok and wechat negotiations coming down to the wire. Later on, wheres the beef what fed shares of beyond meat into the grinder today were going to begin with the worlds Biggest Company in a little bit of a world of pain lately that is apple falling another 3 today. It is now down 22 from its record high earlier this month that, my friends, a market cap loss of only, you know, 500 billion. Put that into perspective. That is equivalent to an entire visa, a j j, maybe a walmart and a Proctor Gamble shares of alphabet, facebook and amazon also dropping this week is this just a tech timeout or do you see a rollover and maybe some more pain ahead on the tech trade . No. I see a rollover this is something that i positioned myself forprobably about a month and a half or a month or so. When you look at apple, apple is 13 of the qs, amazon 10 , microsoft 10 of the qs. When you look at a chart o