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At Broadway Plaza, $MAC has 87% of the expansion space under executed leases. The company expects the majority of the expansion to open during 2Q16. This will add to $MAC's existing anchors of Nordstrom, Macy's and Neiman Marcus. Fashion Outlets at Philadelphia, partnered with PREIT, is expected to be completed in late 2018 or early 2019.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.