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Retail jewelry & watch company $SIG's in-house credit program complements & supports its best-in-bridal strategy. Bridal represents about half of the company's annual business. About 75% of the Sterling division's bridal sales utilizes the program. This program is designed for rapid repayment minimizing risk & enabling additional jewelry purchases.
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.