Sony Delays Release of Gran Turismo 5

The Gran Turismo 5 video game will not be released on Nov. 2 as scheduled, Sony (SNE) said.

The video game will be made available during the holiday season, Sony said. The company said that Kazunori Yamouchi, the game’s creator, is “creating the perfect racing experience.”

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The delay may frustrate some fans who have already spent as much as $100 to order the game, according to…

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Sony Delays Release of Gran Turismo 5 originally appeared on DailyFinance on Thu, 14 Oct 2010 06:25:00.

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Toys R Us to Hire 45,000 Temporary Workers for Holidays

The toy retailer’s holiday hiring spree will exceed the number of employees it has added to its payroll in each of the last three holiday seasons. But Toys R Us’ CEO was quick to note that the company is “not projecting a drama…

Target Conservative in Holiday Season Expectations

Target Corp. (TGT) is conservative in its expectations of holiday spending this year.

Target’s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.

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Consumer spending has strengthened several times, only to fall back again later, Steinhafel said.

“It’s like a game of whack-a-mole,” Steinhafel said.

Still, Target…

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Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00.

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Sears Plans to Open Dozens of Toy Shops in Time for Holidays

Sears

Sears (SLHD) will open toy shops in 85 stores in key markets in a bid to attract shoppers in time for the holiday season.

“We have a very aggressive plan for growing our toy business,” Julia Fitzgerald, chief marketing officer for Sears’ toy business told Reuters.

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The company will allocate as much as 1,800 square feet of floor space each of 85 stores to toys. The decision was…

Continue reading Sears Plans to Open Dozens of Toy Shops in Time for Holidays

Sears Plans to Open Dozens of Toy Shops in Time for Holidays originally appeared on DailyFinance on Fri, 24 Sep 2010 08:09:00.

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