Strategy

ARLINGTON, Va. — Consumers are growing more confident in technology and plan on spending more in this area, according to the latest CEA Index released today by the Consumer Electronics Association. The CEA Index also showed that consumer confidence in the overall economy improved this month.

TORONTO — Walmart Canada is leading the search for the next great business idea through its second annual Green Student Challenge.

The retailer is looking for teams of post-secondary students from across the country to convince some of Canada's most successful business leaders that they have the most compelling breakthrough idea to change business as we know it. A total of $100,000 in cash will be awarded including $25,000 to the winners and $25,000 to the winners' school.

OMAHA, Neb. — ConAgra Foods is expanding its facility in Russellville, Ark. to make Bertolli brand and P.F. Chang’s brand frozen meals. The expansion, anticipated to be a $100 million investment, is expected to create more than 80 jobs.

Wayne, N.J. -- Toys “R” Us said Tuesday it will hire 45,000 seasonal employees for the 2012 holiday season, about 5,000 more than last year.
 
The increase, said the retailer, is driven in part by the addition of positions resulting from omnichannel programs such as "Buy Online, Pick Up In Store," "Ship from Store" and "Ship to Store."

Foothill Ranch, Calif. -- On the heels of activist investor The Clinton Group’s announced plans to replace some of Wet Seal’s board members, the retailer is advising its shareholders against supporting the move.

New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.

Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.  

WOONSOCKET, R.I. — Summer Infant, a juvenile products manufacturer, today has retained Sharon Merrill (www.InvestorRelations.com), a nationally recognized investor relations and corporate communications firm based in Boston, to provide strategic investor relations services.

WAYNE, N.J. — Toys"R"Us is getting ready for the increased demand this holiday season by hiring 45,000 seasonal employees to staff its stores and distribution centers across the country this holiday season.