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$DG said its long-term target is to deliver total annual shareholder returns of 11-17%. The company plans to open about 900 new stores and relocate or remodel 875 stores in FY16. For FY17, $DG forecasts about 1,000 new stores and relocations or remodels of about 900 stores in line with its growth model of 6-8% square footage growth.
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.