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$FAST plans to expand its pace of store opening in 2016 with a goal of opening 60-75 new stores, an increase of about 2-3% over its number of stores as of Sept. 30, 2015. This follows several years of holding back on store opening and even contracting $FAST's total store base.
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.