Toys R Us has reported an increase in profits for the first quarter after a year long slump in earnings. Profits increased from $18.4 million to $18.7 million with turnover rising 10% to $1.6 billion. The group blamed low margins on video hardware products for slow growth. Toys R Us plans further expansion this year opening a chain of Babies R Us. A total of 55 stores outside the US are expected to open over the next 12 months.
Telco also announced series of initiatives to drive digital growth in the UK
Nana Baffour opens up on Getronics' mammoth acquisition of Pomeroy
Analyst predicts SaaS will remain the dominant segment in the market as it grows 17 per cent in 2019
NSS Labs claims vendors are refusing to have their products tested effectively and are trying to restrict its access