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Matt Townsend

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Amazon stocked on toys that Wal-Mart, Target don’t have

NEW YORK - The number of out-of-stock toys is increasing at the websites of Wal-Mart Stores Inc., Target Corp. and Sears Holdings Corp.’s Kmart...
SHOPPERS browse merchandise in a Sears store at Simon Property Group Inc.'s Great Lakes Mall in Mentor, Ohio. Black Friday, traditionally the biggest U.S. shopping day of the year, got off to its earliest start ever as retailers tried to woo shoppers with discounts and early store openings.  / COURTESY BLOOMBERG NEWS FILE PHOTO DANIEL ACKER

Black Friday shoppers spending ‘about same’ as 2010

NEW YORK - Molly Jones, a 31-year-old mother of two from Cincinnati, didn’t have a job a year ago, forcing her to cut back...

Wal-Mart leading on lower toy prices ahead of Black Friday

NEW YORK - Wal-Mart Stores Inc. widened its pricing gap for toys over Target Corp. and Amazon.com Inc. as Black Friday approaches, according to...

Retail executives less optimistic about Black Friday in survey

NEW YORK - Retailers’ chief marketing officers are less optimistic about sales growth on Black Friday than they were a year earlier as increasing...

Wal-Mart beats Target, Amazon with lower online toy prices

NEW YORK - Wal-Mart Stores Inc. has lower online prices on a selection of toys this month than Target Corp.’s website and Amazon.com Inc.,...

Mattel, Hasbro lead Toys ’R’ Us hot list for holiday shoppers

NEW YORK - Mattel Inc. and Hasbro Inc., the world’s biggest toymakers, each placed three titles on Toys “R” Us Inc.’s list of products...

CVS wins $3 billion government benefits contract from Medco

NEW YORK - CVS Caremark Corp. won a $3 billion contract to provide pharmacy benefits to federal employees, easing concern that the largest U.S....

Gap, Macy’s surpass April sales estimates as confidence gains

NEW YORK - Same-store sales at Gap Inc. and Macy’s Inc. rose more than estimated in April as consumers gained confidence in the U.S....

Retailers post surprise gain in March sales, led by Costco

NEW YORK - Victoria’s Secret, Costco Wholesale Corp. and other retailers posted a surprise gain in sales last month as improving U.S. employment encouraged...
PAWTUCKET-based toy manufacturer Hasbro Inc. said fourth quarter profit fell 15 percent. /

Hasbro FY 2010 profit increases; revenue declines

(Updated with full-year results by PBN Staff) PAWTUCKET - Hasbro Inc., the world’s second-largest toymaker, said fourth-quarter profit fell 15 percent, surpassing some analysts’...
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