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Philadelphia, Pennsylvania-based $URBN said that by brand, the company's retail segment 4Q16 comp rate rose by 2% at Free People, while decreased by 3% at Urban Outfitters and 2% at the Anthropologie Group. In the quarter, $URBN incurred store impairment charge of $9MM, with $7MM of the charge negatively effecting gross profit rate by approx. 70 BP
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.