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$TIF also said it did not add any stores to the Americas store base in 1Q16 and also does not anticipate any growth in store location in the remainder of FY16. In Asia Pacific, total sales fell 8%, while comp store sales fell 15%, hurt by roughly equal declines in jewelry units and in changes in avg. price and product mix.
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.