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  • Amazon Kindles sales, but profits disappoint

    SEATTLE — The popularity of Amazon.com's Kindle e-readers continues to help boost Amazon.com's sales. However, net income for the third quarter was disappointing.

    Amazon.com reported that net sales for the third quarter increased 44% to $10.88 billion in the third quarter, compared with $7.56 billion in third quarter 2010. Net income decreased 73% to $63 million in the third quarter, or 14 cents per diluted share, compared with net income of $231 million, or 51 cents per diluted share, in third quarter 2010.

  • Dunkin’ Donuts to open 86 new units in nation’s capital by 2020

    Canton, Mass. -- Dunkin' Donuts has 86 new restaurants slated for development in the Washington, D.C., market by 2020. The company said 15 development agreements were signed over the past year that will deliver 64 new restaurants, in addition to 22 restaurants that were previously contracted.

  • Starbucks celebrates 500th store opening in Mainland China

    New York City -- Starbucks Coffee Co. celebrated the opening of its 500th location in China. The store is located at the international departure hall of the Beijing Capital International Airport Terminal 3.

    “The opening of our 500th store in China is a significant milestone in our ambitious growth plans to serve our customers through 1,500 stores by 2015,” said Belinda Wong, president, Starbucks China.
     

  • Pollo Campero Debuts New Prototype

    Pollo Campero, the fast-growing Latin chicken chain, unveiled a new prototype designed by Interbrand Design Forum. Created with the American consumer in mind, the new design debuted in Webster, Texas. Two other locations are due to open in the Houston area by yearend.

  • NRF welcomes proposal to reform corporate tax structure

    WASHINGTON — The National Retail Federation said it welcomed a proposal unveiled by House Ways and Means Committee Chairman Dave Camp, R-Mich., to reform the nation’s corporate tax structure.

  • Toys ‘R’ Us to debut in Poland

    Wayne, N.J. -- Toys “R” Us said Wednesday it will make its debut in Poland at the end of November, opening a store in Warsaw.

    The company, which currently operates 300+ stores in Europe, said it will add several additional locations in major cities throughout Poland in 2012.

  • Toys"R"Us expands into Poland

    WAYNE, N.J. — Toys“R”Us announced that it has established business operations in Poland and plans to open its first store in the country at the end of November. The first Toys“R”Us store in Poland will open in the country’s capital city of Warsaw just in time for the holiday shopping season, with several additional locations slated to open in major cities throughout the country in 2012, the company reported.

  • RadioShack Q3 profit falls, misses Street

    Fort Worth, Texas -- RadioShack Corp. reported Tuesday that profit for the quarter ended Sept. 30 plummeted to $300,000, compared with earnings of $46 million in the year-ago period. The retailer cited the transition from T-Mobile offerings to Verizon Wireless as a major reason for the performance decline, although that was offset somewhat by new mobile service and sales centers in Target stores. The company launched Verizon Wireless in more than 4,400 stores on Sept. 15, as well as ramped up its Target Mobile centers rollout in the same period.

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