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Nov. 19, 2008—GameStop is borrowing $150 million from Bank of America, the video game retailer said this week in a filing with the Securities and Exchange Commission.
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Nov. 6, 2008—KB Toys today announced it has dropped prices on several hundred SKUs in a week-long promotion at all its stores nationwide.
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Oct. 27, 2008—Furniture retailer IKEA said this week it would donate a Euro to two children’s charities in return for every soft toy it sells at its stores worldwide in the run-up to Christmas.
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Oct. 21, 2008—Closeout retailer Big Lots today added online shopping to its repertoire, adding to its otherwise e-commerce-free website an online-exclusive “deal of the day” feature.
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Oct. 20, 2008—Midwestern discount retailer Meijer said today it has lowered prices on more than 300 products in its toy department in an effort to boost its customers’ ability to shop for holiday gifts.
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Oct. 17, 2008—Build-A-Bear Workshop reported a $2 million loss in its fiscal third quarter, its results driven downward by charges associated with the wind-down of its Friends 2B Made concept stores.
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Oct. 3, 2008—Family Dollar Stores reported good news for its fiscal fourth quarter: double-digit gains in profits powered by stronger sales.
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Oct. 2, 2008—Video game retailer GameStop is acquiring Micromania, France’s leading video game retailer, from private equity fund L Capital for approximately $700 million in cash.
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Oct. 2, 2008—KB Toys today unveiled temporary price reductions on more than 200 toys to $10 or less in its latest effort to allow consumers to “stretch their dollar in these challenging economic times.”
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