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Retail roundup: Earnings, Dressbarn shuttering stores, Nordstrom's brick-and-mortar plan

On a big day for the retail industry, JCPenney and Kohl’s reported disappointing earnings, while TJ Maxx beat Wall Street forecasts. Women’s retailer Dressbarn announced it will be shuttering all 650 of its stores, but Nordstrom is going all-in on brick-and-mortar as it plans to open a 300,000-square-foot store in New York City. Forrester Research Retail Analyst Sucharita Kodali joins Yahoo Finance’s Dan Roberts, Melody Hahm, and Akiko Fujita to break down the latest retail news.