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$TCB said it announced a new multi-year retail banking services agreement for Jewel-Osco Stores (JOS) with New Albertson's Inc. $TCB will continue to serve as primary retail banking partner in JOS. Bank will expand its ATM footprint and will close 33 retail branches located inside JOS while adding advanced ATM capabilities in these locations.
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.