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$TLRD's Jos. A. Bank comparable sales for 2Q16 fell 16.3% on decline in average transactions per store partially offset by higher units sold per transaction, higher average unit retails and higher rental services revenue. K&G comparable sales slid 2.2% on lower average transactions per store partially offset by rise in average unit retails.
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.