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$GPC's DIY and retail sales at company stores were down mid single digits driven by a decrease in transaction counts while the average basket size was flat for 3Q16. The commercial wholesale business at company stores was down low single digits, driven by low to mid single digit declines in major accounts and fleet business.
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.