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Sporting goods retailer $DKS said it has acquired a San Diego-based sports management technology company, Affinity Sports. Under the DICK'S Team Sports HQ platform, Affinity will provide services to youth sports National Governing Bodies and large-scale organizations. Financial terms of the deal were not disclosed.
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.