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Specialty retailer $FIVE said that store growth is the one of the best growth opportunity for the company. In less than four years, the company has more than doubled its store count across the country. Two weeks ago, $FIVE launched its e-commerce platform ahead of plan and on budget thereby expanding its digital presence.
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.