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In 2016, $M expects to open new store in Kapolei, HI, as well as about 42 additional Bluemercury locations and 16 Macy's Backstage locations. Announced new stores in future years include Macy's in Murray, UT, a Macy's replacement store in Los Angeles, CA, and Bloomingdale's in San Jose, CA and Norwalk, CT.
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.