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Sunoco taps Action Services Group for high-rise sign relamping program
Aston, Pa. -- Action Services Group, a national lighting, sign and electrical maintenance company, announced a program agreement with Sunoco Inc. to provide sign relamping services, plus location asset-survey services, for their retail high-rise signs across specified locations in Connecticut, Massachusetts, New Jersey, Pennsylvania, and Rhode Island.
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Toys “R” Us loss triples in Q2
Wayne, N.J. -- Toys "R" U widened its loss in the second quarter on lower sales at its stores in the United States and Europe. The company reported a loss of $113 million, compared with a year-earlier loss of $36 million.
Net sales for the quarter, ended August 3, dropped 6.9% to $2.38 billion. Same-store sales declined 3.5% in the U.S. and 3.8% abroad. The retailer attributed the decline primarily to decreases in the juvenile and entertainment (which includes electronics, video game hardware and software) categories.