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Retail Sales: The US Census Bureau announced today that advance estimates of US retail and food services for June 2015, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $442Bil, a decrease of 0.3% from the previous month, but up 1.4% above June 2014.
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.