News

Toys"R"Us is urging shoppers to bring in their recalled and outdated baby items during its annual Great Trade-In event next month at stores nationwide.

The event will take place at Babies"R"Us and Toys"R"Us stores Feb. 1 through Feb. 29. And, new this year, the company's Rewards"R"Us loyalty members can take advantage of early access to the in-store event beginning Jan. 29, by showing their Rewards"R"Us card during checkout.

Impulse buying is alive and well in the United States.

Staples on Monday announced several key executive moves as part of an organizational “streamlining.” But the retailer did not mention that it also was cutting hundreds of corporate jobs, according to a published report.

The report, by Fortune.com, said that pink slips were handed to both junior and senior employees of the chain.

Toys "R" Us is urging shoppers to bring in their recalled and outdated baby items during its annual Great Trade-In event next month at stores nationwide.

The event will take place at Babies "R" Us and Toys "R" Us stores Feb. 1 through Feb. 29. And, new this year, the company's Rewards"R"Us loyalty members can take advantage of early access to the in-store event beginning Jan. 29, by showing their Rewards"R"Us card during checkout.

Wal-Mart Stores has learned that TRC Capital Corporation has made an unsolicited “mini-tender” offer dated Jan. 20, 2016, the company announced Tuesday. TRC has offered to purchase up to 2 million shares of Walmart’s common stock at $59.88 per share. The offering price is approximately 4.3% below the closing price per share of Walmart’s common stock on Jan. 19, 2016, the last trading day before the commencement of the offer.

Walmart is not associated with TRC and recommends that shareholders reject this unsolicited offer.

Alimentation Couche-Tard Inc. has appointed Claude Tessier as its CFO, effective Jan. 28. The leader in the Canadian convenience store industry, Couche-Tard is the largest independent convenience store operator in the United States terms of number of company-operated stores.

The industry veteran joins Couche-Tard from Canadian grocer Sobeys Inc., where he was president of the IGA Operations Business Unit.

A timely acquisition helped Coach Inc.’s post a sales gain in the second quarter — its first quarterly increase in 10 quarters.

The handbag and accessories retailer’s total sales increased 4.0% in the quarter ended December 26, to $1.27 billion, up from $1.22 billion in the year ago period.

Since their meteoric rise last year, 3D printers have captured the imaginations of consumers and businesses alike. 3D printers work like inkjet printers on steroids — rather than depositing a single layer of ink, 3D printers spin out successive layers until a final product is created based on a computer-aided design (“CAD”) blueprint.

Belk is inviting couples engaged to be married to attend an Engagement Party during the month of February in the home department at their local store.

The promotional event will include displays of gift registry/wedding merchandise and feature refreshments, giveaways and drawings for prizes from Belk.