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Eric Beder of Wunderlich Securities asks about opportunities in the department store channel. $VRA said it is fairly underpenetrated relative to its competitors. $VRA believes that as department stores go through changes, there are opportunities in the long-term for differentiation and to capture market share and it sees growth opportunities here.
$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.