Toys “R” Us Inc. Reports Disappointing Third Quarter

| Daniela Forte

Toys “R” Us Inc., reported a not so stellar third quarter. Net sales were $2.018 million, a decrease of $89 million compared to 2016. Here is what the CEO Davide Brandon had to say about the third quarter and what the company plans as it moves ahead.

Ecommerce, Kmart, omnichannel fulfillment, omnichannel retail, retail, Sears, Sears Holdings

Sears Reports Net Loss of $748 million in Q3

| MCM Staff

Sears reported a net loss of $748 million in the third quarter of 2016. This loss results in store closures and downsizing of existing store locations. See what other plans are in place for Sears as it moves forward.