Toys ‘R’ Us Express to open 14 stores in Centro shopping centers
New York City Centro Properties Group announced that 14 leases have been executed with Toys “R” Us to accommodate the retailer’s pop-up concept, Toys “R” Us Express.
Locations will open in time for the holiday shopping season in Centro malls in 10 states: California; Connecticut; Florida; Illinois; Indiana; Michigan; North Carolina; New Jersey; Ohio and Pennsylvania.
Syms loss widens in Q2 with impact of Filene’s acquisition
Secaucus, N.J. Syms Corp. reported late Thursday that it lost $10.9 million in the quarter ended Aug. 28, compared with a loss of $7.9 million in the year-ago period. The widened loss is mostly attributable to one-time charges related to Syms’ acquisition of Filene’s Basement in second quarter 2009, according to the company.
Revenues for the quarter surged 34% to $102.1 million, from $76.4 million in the prior-year quarter, reflecting the impact of Filene’s Basement.
Same-store sales increased 16% for the quarter.
Kindle arrives at Staples
FRAMINGHAM, Mass. Staples announced that the Kindle e-reader is available in all stores nationwide beginning Oct. 10.
“Kindle is just one example of a host of hot tech items customers can get at Staples this holiday season,” said Jevin Eagle, EVP merchandising and marketing at Staples. “From our hands-on displays to our knowledgeable associates, Staples makes buying technology easy any time of year.”
Staples now carries the following new Kindle devices:
* Kindle ($139.00) – Wi-Fi, 6″ diagonal * Kindle 3G ($189.00) – Free 3G + Wi-Fi, 6″ diagonal * Kindle DX ($379.00) – Free 3G, 9.7″ diagonal (available at Staples mid-November)