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$M 2Q15 Call: Plenty has launched very successfully. Macy's now has over 7MM customers enrolled and expects to generate incremental sales from these customers as well as new customers who will enroll in this program through other companies as points begin to accumulate and customers understand the value inherent in this loyalty program.
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.