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In 2Q16, $LII opened five new Lennox PartsPlus stores to total 193 stores. The company is on track to open 27 new stores and end the year at 213 stores. These stores have been enabling $LII to win new dealer contractors to gain market share as well as provide a high level of equipment parts availability to new and existing dealers in the market.
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.