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Mexico stores continued to perform well throughout the year with 23 new store additions in 4Q15 alone, a total of 39 new stores added for the whole of FY15. For FY16, $AZO expects to open 40 new stores in Mexico and is on target to open a new distribution center. In Brazil, $AZO opened 7 stores in FY15 and plans to open a few stores in FY16
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.