Want to join the conversation?
Within $URBN's retail segment, the direct-to-consumer channel continued to outperform stores with double digit sales increases, driven by increases in sessions, average order value and session conversion. Negative comp store sales, resulted from decreased transactions & units per transaction, partially offset by higher average unit selling prices.
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.