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Jason Gere of KeyBanc Capital Markets asks about the increase in omnichannel customer transaction size. $ULTA's CEO Mary Dillon said the omnichannel customer drives around 2.5 times the sales compared to a person shopping only at the store. $ULTA sees an expansion here in terms of percentage of sales and is looking to drive growth.
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.