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$KR said that during 2Q16, Corporate Brands represented approx. 27% of total units sold and 26% of sales dollars, excluding fuel and pharmacy. On Sept. 6, 2016, the company launched a new, more affordable corporate brand line of cage-free eggs. Earlier in 2016, $KR committed to 100% cage-free eggs supply chain by 2025.
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.