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$PERY said that in direct-to-consumer, comp store sales rose 3.4% for 4Q16, driven by growth in e-commerce and increases in outlet locations. The company also said it saw positive increases in product margins, driven by merchandising mix and material consolidations across many of $PERY's core fabrication.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.