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$KMX is still in midst of national rollout of retail concept, and as of Feb. 29, 2016, it had used car stores located in markets that represented about 65% of the U.S. population. During FY16, $KMX opened 14 stores and relocated 1 store whose lease was set to expire. $KMX plans to open 15 stores in FY17 and 13-16 stores in FY18.
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.