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$M's sales did not improve in 3Q15, as it had expected. Spending by domestic customers remained tepid, especially in key apparel and accessory categories. $M has begun testing and learning from new sales growth initiatives that it believe will begin yielding incremental results in the quarters and years ahead.
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.