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USA Today reports that Toys R Us has announced that it is "offering a 10% cash reward up to $100 on certain toy purchases through Oct. 31 for its rewards card members and will extend the deadline for holiday returns through Jan. 25 ... The company said it will give customers their cash-back earnings on e-gift cards in November so they can use the money for holiday shopping. Layaway customers can also earn the rewards."

It was just last week that Walmart said that it believed that the upcoming end-of-year holiday shopping season will feature a battle that will drive down consumer prices in the category.


Reuters reports that "Shoppers Drug Mart Corp shareholders on Thursday voted overwhelmingly in favor of Loblaw Co Ltd's C$12.4 billion ($12.02 billion) bid to buy Canada's largest pharmacy chain. The deal with Loblaw, Canada's largest food retailer, was approved by 99.89 percent of the votes cast by shareholders at a special meeting.

"The pending transaction is Canada's biggest merger deal so far this year and comes at a time when Canadian grocers are under increasing pressure from U.S. competitors like Wal-Mart Stores Inc, which has ramped up its grocery offerings, and newer entrant Target Corp, which offers a smaller selection of food products."
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