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Roanoke, Virginia-based $AAP said the company's sales was negatively impacted by continued milder winter weather experienced in the previous quarter. Seasonal categories with the largest impact during 1Q16 was seen in batteries and hard parts categories. $AAP continues to expand its customer base with its national account busihness in TECHNET.
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.