News

Toys "R" Us Inc. on Friday announced an array of holiday marketing initiatives along with the news that its stores will open at 5 p.m. on Thanksgiving Day Thursday, Nov. 27, the same time as 2013, and will remain open through 11 p.m. on Friday, Nov. 28, offering doorbusters and deals.

Phoenix, Ariz. -- Net income at Sprouts Farmers Market Inc. soared 79% to $26.1 million in the third quarter of fiscal 2014 from $14.6 million in the same quarter a year earlier. A reduction in pretax losses helped boost net income growth.  

RetailMeNot reached an agreement with Samsung to be the exclusive digital offers provider on the new Samsung Gear S smartwatch.

The new Gear S smartwatch goes on sale later this month and the RetailMeNot digital offers app will be the only one of its kind on the watch and it is the first time the RetailMeNot app has been integrated into a touchscreen wearable device.

New Albany, Ohio –- Abercrombie & Fitch reported net sales of $911.4 million for the third quarter of fiscal 2014, less than Wall Street forecast, down 12% from $1.03 billion in the year-ago period. The chain cited slowing mall traffic and weaker results in the latter part of the quarter.   

Barnes & Noble is giving thanks to veterans this holiday season with a one-day, in-store-only Veterans Day offer of 15% off Samsung Galaxy Tab 4 NOOK and NOOK GlowLight devices. 

This offer is available to veterans, active duty military members and their families on Veterans Day, Tuesday, November 11, at all Barnes & Noble stores nationwide.

New York --Chain Store Age invites retailers, design firms, architects and suppliers to submit entires for its 33rd annual Retail Store of the Year design competition. For more information and an entry form, click here.

New York -- Amazon has quietly launched another hardware device, a  voice-recognition device called Echo that doubles as a high-tech music speaker. The 9-inch tall cylinder device sells for $199 but is available for $99 for a limited time to Prime members. It is designed around the user’s voice, which it can hear from across a room.