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Dana Telsey of Telsey Advisory asks about store base and if the number of stores will be staying as it is. $JCP said it is going to continue to scrutinize the number of stores & if it adds value to its customers the stores will stay within the portfolio. And if the store is insignificant, not providing value, the company will eliminate the stores.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.