Toys

Toys R Us Returns With Two New Stores for the Holidays
November 27, 2019 at 1:12 pm

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 Shuts Down its Websites
April 3, 2018 at 1:02 pm

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 Mulls Closing at Least 100 Stores
December 19, 2017 at 9:50 am

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…

Judge Approves $14M Toys"R"Us Executive Bonus Payout
December 6, 2017 at 12:21 pm

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 Files for Bankruptcy; Stores to Remain Open
September 19, 2017 at 9:52 am

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…

Toys"R"Us Vendors Cut Shipments on Bankruptcy Fear
September 15, 2017 at 10:36 am

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…

Toys 'R' Us to Open for 30 Straight Hours Over Thanksgiving
November 8, 2016 at 11:21 am

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…