Toy Retailers Find Prices At Wal-Mart Tough to Beat

Article Abstract:

Wal-Mart Stores has pursued an aggressive pricing strategy during the 2003 Christmas holiday retail toy season. Surveys by Prudential Equity Group and Goldman Sachs have found that Wal-Mart prices for the top-selling 50 toys were less than those at Toys "R" Us which has dominated the market in the past. Because of Wal-Mart competition, Toys "R" Us plans to close 182 Kids "R" Us stores and its Imaginarium chain.

Financial management, Games, Toys & Children's Vehicles, Game, Toy, and Children's Vehicle Manufacturing, Games, toys, and children's vehicles, Finance, Toy industry, Company financing

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Before Christmas, Wal-Mart Was Stirring

Article Abstract:

When sales at Wal-Mart Stores didn't come close to expectations the day after Thanksgiving, Michael T. Duke, president of the stores division went into action. He found and implemented new marketing and promotional ideas through meetings with managers and hourly employees, that resulted in December sales up 3 percent over 2003.

Sales, profits & dividends, Management dynamics, Marketing Management, Sales Promotion, Administration of Marketing, Labor Distribution by Employer, Methods, Management, Statistics, Company sales and earnings, Company earnings/profit, Sales promotions, Company business management

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Toys 'R' Us Says It May Leave the Toy Business

Article Abstract:

Toys 'R' Us, a $11 billion company and the nation's largest toy retailer, announced that it may quit toy retailing. The company has seen its profits and market share shrink due to competition from Wal-Mart Stores and other discounters which have expanded their own selection of toys and undercut Toys 'R' Us prices.

Strategy & planning, Forecasts, trends, outlooks, Market share, MISCELLANEOUS RETAIL, HOME FURNITURE, FURNISHINGS, AND EQUIPMENT STORES, Planning, Forecasts and trends, Market trend/market analysis, Specialty stores, Company market share, Company business planning

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