Toys“R”Us reported that sales for the the fourth quarter decreased $155 million to $5.8 billion and that net earnings fell to $239 million from $343 million in the prior year.
PayPal has confirmed partnership with 15 national retailers, including JCPenney, American Eagle Outfitters, Toys“R”Us and Foot Locker, for its mobile wallet service.
Toy buyers, manufacturers, retailers and others, simply curious about the latest trends, gathered this week at the massive Javitz Center in New York City to see what would be the hottest products for 2012.
eBay announced that it has partnered with Toys“R”Us, Dick’s Sporting Goods and Aeropostale for a new incentive for you to spend money online and in stores.
Toys“R”Us announced it will once again offer 10% back on purchases made by new and current members of its loyalty program, Rewards“R”Us, this holiday season.
The multichannel capabilities of Toys “R” Us were enhanced this week when the company announced plans to open a new online fulfillment center near Reno, Nev., that will allow for more timely shipment of West coast customers’ online orders.
Toys“R”Us reported that net sales for the third quarter were $2.7 billion, an increase of 1.9% compared with prior year, due to new locations including Toys“R”Us Express stores as well as comparable-store net sales growth of 2.3% in the domestic segment and a foreign currency translation benefit of $17 million. These increases were partially offset by a decline of 2.9% in comparable-store net sales in the international segment.