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SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.

Summer Infant reports profit despite Toys R Us bankruptcy hit

WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its...
BOTH HASBRO AND MATTEL warned investors in earnings calls this week that there are still more quarters of pain ahead after losing Toys R Us as a customer. / BLOOMBERG NEWS FILE PHOTO/JASON ALDEN

Not all fun and games for toymakers as Toys R Us...

NEW YORK - Major toymakers are still reeling from the loss of Toys R Us, even as retailers from Best Buy Co. to Party...
DUNKIN' BRANDS GROUP reported a 60.5 percent increase in third quarter net income year over year to $66.1 million. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON

Dunkin’ Q3 profit rises 60.5% to $66.1M

CANTON, Mass. – Dunkin’ Brands Group Inc. reported net income of $66.1 million for the third quarter, or 79 cents per diluted share, a...
HASBRO reported net income of $263.9 million in the third quarter, a slight decline from a year earlier, as the Toys R Us bankruptcy continues to affect the toy and entertainment producer. / COURTESY HASBRO

Hasbro Q3 results hurt by Toys R Us and European woes

PAWTUCKET – Toy and entertainment producer Hasbro Inc. reported net income in the third quarter of $263.9 million, a decline of 0.6 percent, or...
UNITED STATES retail sales rose 0.1 percent in September. / BLOOMBERG NEWS /MICHAEL NAGLE

U.S. retail sales miss forecasts as restaurant receipts drop

NEW YORK - United States retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts...
SEARS HOLDING CORP. filed for Chapter 11 bankruptcy Monday morning. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

Sears files just as things are looking up for American retail

NEW YORK - A year ago, a Sears bankruptcy would have fit better into the United States retail narrative, given the steady decline of shopping...
SEARS HOLDING CORP. was said to be negotiating a deal that would keep some stores open through Christmas. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears said to be hammering out deal to stay open in...

NEW YORK - Negotiations over the fate of Sears Holdings Corp. have moved away from a possible liquidation toward a plan that would keep some...
SEARS HOLDING CORP. is preparing to file for bankruptcy as soon as Sunday, according to a person familiar with the plan. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears is preparing for bankruptcy as soon as this weekend

NEW YORK - The long goodbye for America’s most iconic retailer inches closer to an ending.Sears Holdings Corp., the struggling United States chain owned...
BOSCOV'S, a family-owned department store, will replace the Nordstrom in the Providence Place mall. / BLOOMBERG NEWS FILE PHOTO/BRADLEY C. BOWER

Boscov’s, ranked among Forbes’ best U.S. employers, to replace Nordstrom at...

PROVIDENCE – Following the announcement that Nordstrom will leave the Providence Place mall Tuesday, Brookfield Property Partners LP, which recently acquired GGP Inc., announced...
NORDSTROM IS CLOSING its Providence Place location in January. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DITTS

Nordstrom shuttering Providence Place store

PROVIDENCE – Nordstrom Inc. will close its Providence Place mall location on Jan. 5, the company announced Tuesday.The closure marks the second anchor-store lost...
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