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$DKS said at the end of 2Q16, it had 117 premium full service footwear decks in place and continues to be pleased with the early sales results. The company is supporting these new decks with heightened marketing efforts and an enhanced level of service, and is excited about the new brands and styles it has in place for the back-to-school season.
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.