Want to join the conversation?
Upscale deep discount retailer $TUES said that during 4Q16, it saw continued traction on the top line demonstrated by strong 4Q16 comp growth of 6% ending the year with comp growth of 7.8%. During the quarter, the company relocated 14 stores, expanded four stores, opened four new stores and closed one store. FY16-end total store count was 751.
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.