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$KSS plans to launch several new store formats in FY16. In 1H16, $KSS plans to test new 35,000 square-foot prototype store. $KSS believes that smaller store will provide access to smaller markets and urban areas that wouldn't be able to support larger store. $KSS also plans to test 10-15 FILA outlet stores and 2 more Off-Aisle concept stores.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.