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$BBBY 1Q15 Call – Steven, CEO: We’re pleased that customer adoption of our digital channel continues to trend favorably including visits to websites and online orders. Not surprisingly though, orders placed via mobile devices continued to see the strongest rate of growth. We currently have approx. 220,000 skews available both online and in store.
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.