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Toys ‘R’ Us continues to narrow loss
Things are looking up for Toys “R” Us. The nation’s largest specialty toy retailer posted a 20% increase in operating profit and reduced its net loss for the second-quarter amid reduced costs, including the expense of running its now-shuttered Times Square flagship. In addition, the retailer announced it successfully reached an agreement to refinance all of its 2017 notes and a portion of its 2018 maturities. -
Holiday forecast: Higher sales, more online shopping
The holiday shopping frenzy has begun, and it is shaping up to be more digital than ever.
Summer has barely said goodbye, but consumers nationwide have already turned their attention to the holidays. In fact, nearly one third of consumers, and nearly half of parents, began holiday shopping before Labor Day.

