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Jason Rodgers of Great Lakes Review asks whether spending in retail vertical improved in 2Q16 versus 1Q16. $ZBRA CEO Anders Gustafsson said that there was a sequential improvement in 2Q16, particularly in North America with both brick-and-mortar retailers as well as e-commerce retailers.
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.