CNNMoney.com (Free subscription) | 28/11/2008
... cameras and iPods.O'Donnell said he expected flat-panel TV shoppers to come later in the day.Gerald Storch, CEO of Toys R Us, said he saw lines at 9 p.m. Thursday outside the company's flagship store in New York's Times Square."I am excited and optimistic about today and the rest of the holiday season," Storch said. One interesting trend, Storch pointed out, was that...
i4U (Free subscription) | 25/10/2008
The once biggest toy store is set to battle Wal-mart this holiday shopping season to win back the crown they lost 10 years ago to Wal-mart. Toys 'R' Us re-launched their and already has a special sale this weekend (ends today). Toys 'R' Us CEO Gerald Storch believes that the day after Thanksgiving aka Black Friday will be the biggest in history. I already made that prediction in . Black...
Chicago Tribune (Free subscription) | 24/10/2008
Until now, the toy seller has been on a roll. After a group of high-profile investors bought the distressed retailer in 2005 and hired former Vice Chairman Gerald Storch to run it, sales have risen, profits have improved and new stores sprouted across the country.Now, toy retailers industrywide face rising wholesale costs, declining consumer spending and a new price-cutting tactic from...
