Store Systems

BOCA RATON, Fla. — Office Depot is making online shopping more convenient to holiday shoppers racing against the clock while trying to avoid steep shipping and handling fees.

New York -- Toys “R” Us posted a wider loss for its fiscal third quarter due primarily to an increase in interest expenses. The retailer said it lost $105 million for the quarter ended Oct. 27, compared with a loss of $93 million in the year-ago period.

Toys “R” Us attributed the wider loss to a $29 million increase in its interest expenses due to an issuance of senior notes and repayment of other senior note

A 4.1% third quarter same store sales decline and $105 million loss hasn’t diminished holiday spirits at Toys "R" Us.

The company reported the sales decline for the period ended October 27 late Friday and attributed a portion of the dip in same store sales to a less promotional stance and an earlier start to its layaway program. The layaway program was launched on September, seven weeks before the end of the third quarter, but sales related to items placed in layaway can not be recognized until customers pick up their orders.

By Derek Bonney, [email protected]

Technology has shifted everything, especially the retail experience. Not only has it changed how we locate, evaluate and purchase products or services, it has created a treasure trove of data for both retailers and marketers. So let’s examine something I call the “Retail Shift.”

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Boca Raton, Fla. -- Office Depot announced it is launching one-hour, in-store pickup for items purchased on its website. There is no shipping fee for the new pickup service.

“The holiday season is in full swing, and this is another way to enhance the shopping experience for Office Depot customers regardless of whether they choose to do so in-store or online,” said Mike Kirschner, SVP e-commerce for Office Depot. “We are proud to be the first office supply chain to offer this free one-hour pickup service for our customers.”

New York -- Walmart Canada has retrofitted all of the overhead sales floor lighting at its supercenter in Brampton, Ontario, from conventional fluorescent lighting to high efficiency LED 4-ft. retrofit lamps. The retailer estimates the change could save approximately 283,000 kilo-watt hours (kWh) per year, which will results in a savings of up to $26,000 per year.

Minneapolis -- Sprouts Farmers Market has installed enterprise asset management software from Verisae to support the company’s aggressive growth strategy.

The grocery retailer, which recently acquired Sunflower Farmers Market, recently implemented core modules of the Verisae connected facility platform; enterprise asset management (EAM), enterprise refrigerant management (ERM) and enterprise asset purchasing (EAP) solutions.