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In 3Q16, $RT completed 3 remodels of its restaurants, which were mall-based locations and were negotiated as part of lease renewals. Company expects to complete an additional 6 remodels, 3 mall and 3 freestanding, by end FY16, bringing the total to 11.
$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.