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Tag: Toys

Retail Roundup—Amazon acquires online pharmacy; Toys R Us Canada thriving

Amazon acquires pharmacy company Amazon has acquired PillPack, an online pharmacy that allows consumers to purchase medications in premade doses. Sources believe the deal was made for just under $1 billion. (TechCrunch) Chipotle closing up to 65 stores Chipotle will close between 55 and 65 underperforming stores in 2018, half of them within the next …

Retail Roundup—Amazon acquires online pharmacy; Toys R Us Canada thrivingRead More

Target holiday sales disappoint amid weakness in electronics, toys and home

Target Corp. surprised analysts by reporting sluggish holiday sales that missed the chain’s estimates. Target’s comparable sales inched up 1.4% in the combined November/December period, compared to growth of 5.7% a year ago. Comparable digital sales increased 19% during the holiday shopping season, driven primarily by the company’s same-day fulfillment services (Order Pick Up, Drive …

Target holiday sales disappoint amid weakness in electronics, toys and homeRead More

Argos toys slump dents Sainsbury’s Christmas sales | Business

Poor sales of toys and video games dented Argos’s performance over Christmas as the chain’s owner, Sainsbury’s, said nervous shoppers were holding on to their cash. Sales of general merchandise at the group slid nearly 4% in the 15 weeks to 4 January. Argos also lost market share in toys as it ditched its traditional …

Argos toys slump dents Sainsbury’s Christmas sales | BusinessRead More

Toy story: Hamleys hopes revamp will boost its fortunes | Life and style

Fake snow is falling and a hyperactive elf is hopping around on the pavement, geeing up the crowd pressed against the windows of Hamleys toy store, which is filled with a Christmas scene of sledding Beanie Babies. “It’s an institution,” says Tamara Maddrell, an Australian tourist trying to restrain her young sons, who each have …

Toy story: Hamleys hopes revamp will boost its fortunes | Life and styleRead More

Carrot mania: shoppers in a frenzy over Aldi’s plush toy Kevin | Business

Aldi stores have been besieged by shoppers queuing, shoving and reportedly even fighting to get their hands on its new Kevin the carrot festive toy range. The discount store chain stocked its shelves with 2m Kevin-related toys and products in preparation for the annual stampede of shoppers desperate to snap up the star of its …

Carrot mania: shoppers in a frenzy over Aldi’s plush toy Kevin | BusinessRead More

Black Friday is ‘bigger than it ever was,’ former Toys R Us CEO says

Black Friday is “bigger than it ever was,” although consumers are shifting when, where and how they shop, former Toys R Us CEO Gerald Storch told CNBC on Wednesday, dismissing those who say the frenzy is dying down. In an appearance on “Power Lunch,” Storch pointed out that the after-Thanksgiving extravaganza has become a three-day …

Black Friday is ‘bigger than it ever was,’ former Toys R Us CEO saysRead More