What's On: Retail, the Budget and Elective Surgery

Here's what's up on Thursday's Squawk on the Street:

--Retail is in focus as we countdown to the open. Retailers report sales results for the month of March and the numbers should shed light on how sky-high gas and food prices are squeezing the consumer. From the big boxes like Costco to the discounters like Target and the teen retailers like Abercrombie & Fitch, we'll have the trade minutes before the bells.

--Plus, the CEO of Macy's talks to Squawk on the Street exclusively about how he's getting Americans to spend despite the headwinds hitting consumers' pocketbooks. Wall Street also is paying close attention to what's happening in Washington. In 2010, federal agencies spent more than half a trillion dollars on contracts to outside businesses. Which businesses? They're some of the biggest companies out there in some of the most widely held sectors. And as the budget ax gets ready to fall, revenue from Uncle Sam could dry up.

--And how far would you go for a little extra job security? Would you go under the knife? More men and women are doing it, to the tune of $10.7 billion a year. That's also the focus of our Street Poll: Would you opt for plastic surgery if it meant more job security? Share your opinion, and watch Squawk on the Street with Mark Haines & Erin Burnett starting at 9am ET live from the New York Stock Exchange. Don't miss a minute.