Product exchange program back at Toys“R”Us
If ever there were a case of turning lemons into lemonade, the Toys“R”Us exchange program is it. Billed as the “Great Trade-In” event, the program is positioned as a child safety initiative that enables customers to bring in used products in exchange for a 25% discount on a new item.
The trade in program begins Friday, Jan. 28 and continues through Monday, Feb. 21 at Babies“R”Us and Toys“R”Us locations nationwide. Stores will accept any used cribs, car seats, bassinets, strollers, travel systems, play yards, high chairs and toddler beds in exchange for a 25% discount on the purchase of a new baby item in any of these product categories from participating suppliers. Brands participating in the program include Babi Italia, Baby Cache, Baby Europa, Baby Trend, Bassett Baby Premiere, Bergamo, Britax, Carter’s, Chicco, Combi, Contours by Kolcraft, Delta, Eddie Bauer, Evenflo, Graco, Jeep, Little Tikes, Safety 1st, S1 by Safety 1st, Signature Series by Graco, Sorelle, Step2 and Summer Infant.
Originally launched in September 2009, the beauty of the current version of the program is that it generates customer traffic and sales during what is otherwise a seasonally slow period of time for a retailer heavily dependent on toy sales during the fourth quarter. Although, positioned as a safety initiative to remove recalled products from the marketplace, the company makes clear it is willing to accept any item in one of the listed categories for a trade even if they are not hazardous or subject to recall by a manufacturer or the Consumer Product Safety Commission.
“Toys “R” Us remains committed to staying at the forefront of issues that affect children’s safety and to helping parents and caregivers become safety advocates for their children,” said Jerry Storch, chairman and CEO. “We are proud that the Great Trade-In event has inspired parents to remove hundreds of thousands of potentially unsafe products from the marketplace.”
Most of the products turned in since the fall 2009 launch were in extremely poor condition, according to the company. Products were missing parts, damaged or simply decades old with signs of wear and tear that would be considered non-compliant by today’s more stringent product safety standards.
Walmart is ready for some football
BENTONVILLE, Ark.— Walmart announced that beginning Jan. 30 through Feb. 5, or while supplies last, customers can save up to $560 on a Samsung LED HDTV and Blu-ray disc player bundle. Customers can also enjoy up to $100 savings on additional select HDTVs and up to $40 savings on select home theater systems.
Other HDTV promotions include:
- Vizio 32" LCD HDTV (720p, 60Hz, 31.5" diagonal screen size) – $348
- Phillips 40" LCD HDTV (1080p, 120Hz, 39.9" diagonal screen size) – $498 ($100 savings)
- Vizio 42" LCD HDTV (1080p, 60Hz, 42.0" diagonal screen size) – $548
- Vizio 47" HDTV (1080p, 120Hz, 46.1" diagonal screen size) – $698
- Samsung 40" LED HDTV (1080p, 60Hz, 40.0" diagonal screen size) and Blu-ray Disc Player Bundle – $748 (over $360 savings)
- Samsung 46" LED HDTV (1080p, 60Hz, 45.9" diagonal screen size) and Blu-ray Disc Player Bundle – $898 (over $560 savings)
- Vizio 55" LCD HDTV (1080p, 120Hz, 54.9" diagonal screen size) – $998
In addition to discounts on popular HDTV brands, Walmart said it is offering deals on home theater systems and a Vizio sound bar to help fans feel like they are watching the Super Bowl in Dallas.
- Vizio High Definition Sound Bar – $98
- Sony DVD Home Theater System – $198 ($30 savings)
- Phillips Blu-ray Disc Home Theater System – $288 ($40 savings)
- LG Blu-ray Disc Home Theater System – $348 ($20 savings)
Borders to divest calendar kiosk business
Ann Arbor, Mich. — Borders Group said Monday that it is selling its kiosk business Day by Day Calendar Co. for an undisclosed sum.
The sale involves 420 kiosk retail outlets, which will be purchased by Calendar Holdings LLC, based in Texas.
According to the Detroit News, the sale could provide Borders with cash while the company works with creditors to restructure its debt.