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For the eleven months ended Dec. 31, 2015, $URBN's total net sales increased 4% over the same period last year. Comparable Retail segment net sales increased 2% and Wholesale segment net sales increased 15%. The Philadelphia-based retail company opened a total of 29 new stores in the eleven months ended Dec. 31.
$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.