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$SMRT had 283 stores at end of 1Q16 compared to 270 last year. $SMRT opened 5 new stores during 1Q16. $SMRT now sees to open total of 13 new stores, close 2 stores and relocate 2 stores in 2016. $SMRT still sees new stores will rise sales an estimated 4% above comparable store sales results for the year.
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.