Toys
One of America's most iconic toy stores is returning to brick-and-mortar retail just in time for this year's holiday season, reports NBC News. Toys"R"Us will open shops inside every Macy's store in the U.S. by mid-October, part of a rollout that began last year, the companies announced in a release on Monday. The in-store shops…
The only two Toys R Us stores, which opened in November 2019 as part of a small U.S. comeback attempt by the iconic toy chain, have now closed, reports AP News. The Toys R Us store at the Galleria mall in Houston shuttered on Jan. 15, while the other at the Garden State Plaza in…
Toys R Us is set to open its first two new stores this holiday season, reports CNBC. The re-imagined storefronts signal the iconic toy brand's return to brick-and-mortar retail after the company liquidated last year and closed all of its stores. The first of the two smaller-format, permanent Toys R Us stores debuts Saturday at Unibail-Rodamco-Westfield’s…
Toys"R"Us has shut down its e-commerce websites for Toys"R"Us and Babies"R"Us as it continues the rapid liquidation of its U.S. operations after a failed bankruptcy restructuring. The Toys"R"Us and Babies"R"Us websites were turned off at 5 p.m. Thursday. Visitors to the sites are now being directed to a web page, goodbuytoysrus.com, which has information about the liquidation…
Toys“R”Us, which filed for bankruptcy in September, is considering closing at least 100 U.S. stores in the face of weak holiday sales, according to people with knowledge of the situation. U.S. sales have declined about 15 percent this holiday shopping season from a year earlier, according to people recently briefed on the matter, who asked not to be…
The judge overseeing the Toys"R"Us bankruptcy case ruled Tuesday that the insolvent retailer can pay its 17 top executives $14 million in incentive bonuses. Toys"R"Us, which is based in Wayne, N.J., agreed to trim its original $16 million bonus proposal by $2 million, and to make $5 million of the bonus payout contingent on the company creating…
Toys“R”Us, one of the world’s largest toy store chains, has filed for bankruptcy protection, becoming the latest casualty of the pressures facing brick-and-mortar retailers. The company made the Chapter 11 bankruptcy filing late Monday night in federal court in Richmond, Va., acknowledging that it needed to revamp its long-term debt totaling more than $5 billion. Toys"R"Us said…
Some suppliers to Toys“R”Us have scaled back shipments to the retailer as it struggles to refinance debt and avoid a potential bankruptcy filing, according to people with knowledge of the matter. The vendors are balking as Toys“R”Us continues talks with lenders over a new loan that would allow the retailer to stay open while it works…
Consumers will once again be able to head straight from the Thanksgiving dinner table to Toys 'R' Us. The toy store chain is opening its doors at 5 p.m. on Thanksgiving and keeping them open for 30 hours straight. Toys 'R' Us says that once stores open, most won’t close until 11 p.m. on Black Friday. The move…