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Toys 'R' Us launches expands mobile offerings
Wayne, N.J. -- Toys “R” Us said Friday that it has expanded its mobile offerings for the holiday season, providing an enhanced shopping experience for on-the-go shoppers.
In addition, the retailer said it has made updates made to its iPhone and Android experience, as well as announced partnerships with eBay, Google and shopkick to help customers use their mobile devices to locate product, pay for purchases and source discounts.
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Kirkland’s Q3 profit falls 48%, but beats expectations
Nashville, Tenn. -- Kirkland’s net profit in its fiscal third quarter as operating expenses and cost of sales rose, and same-store sales declined. But its results still beat Wall Street's expectations. The company earned $1.2 million, compared with $2.3 million a year earlier.
Operating expenses rose 8% to $31.3 million, while the company's cost of sales rose 7% to $60.9 million.
Sales rose 5% to $97.1 million, from $92.7 million. Same-store sales were down 3.6%.