As they have throughout the season, retailers continued to discount and keep stores open longer than ever. Almost all 600 Toys "R" Us U.S. locations were to remain open from Dec. 20 to Christmas Eve -- or 112 hours straight.
"We took a number of actions to drive our business, including running effective promotions across multiple channels," Brian Dunn, chief executive officer at Best Buy Co., the world's largest consumer-electronics retailer, said on a Dec. 13 conference call. "We're excited about momentum we've seen in hot products like mobile phones, tables, and e-readers for the rest of the holiday season."