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Detailed text transcripts for TV channel - MSNBC - 20111201:15:41:00

faring well. the middle struggling a little bit. kohl s really struggling and the gap, too. the gap counts banana republics and old navy. they run the gam mutt as far as specialty retail is concerned and they are still really struggling with their merchandise. they re not getting the right mix and shoppers really are not buying. you had some pretty surprising numbers about the number of things that go out the doors of stores that are not paid for. this is really interesting. around christmas time, shoplifting gets a little worse than what we see throughout the rest of the year. you have got more shoppers in the store so you have more shoplifting. on average, 11 to $12 billion a year is shoplifted in total from retailers and that does impact the bottom line. they lose on 1.5% of their total potential revenue for the entire

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