• Thanksgiving Nov 27, 2019

    What's on Kids' Wish Lists? Here Are 12 of the Hottest Toys for the Holidays

    The holiday season is fast approaching, and toys are already flying off the shelves. The toy industry is poised for growth this year as it faces weak comparisons with last year’s holiday season, which was the first without Toys R Us. The closing of the toy retailer hurt sales last year, because parents stocked up on toys at liquidation sales...

  • CEO Oct 8, 2019

    Target Is Going to Power Toys R Us' New Website

    You’ll be able to shop at Toys R Us online again — thanks to a little help from Target. Target announced on Tuesday that it’s partnering with the parent company of the Toys R Us brand, TRU Kids, to help it relaunch ToysRUs.com. The deal will allow Toys R Us to once again have an online presence, post bankruptcy, as...

  • Walmart Jul 18, 2019

    Toys R Us Plans a Small Comeback With 2 Stores This Year

    The first two new Toys R Us stores — one in Texas, the other in New Jersey — will open in November as part of a small comeback of the defunct iconic toy chain in the U.S. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, says an online experience...

  • CEO Apr 9, 2019

    Ghost of Toys R Us Still Haunts Toy Makers

    This year, children will have a hard time finding Uncle Milton’s glow-in-the-dark ant farm, or the gel and ant village version. Basic Fun, the parent company behind the brand, has stopped producing them and now makes just three versions — basic, giant and retro. Who’s to blame? Toys R Us. A year after Toys R Us imploded, toy makers are...

  • Puerto Rico Feb 16, 2019

    Payless ShoeSource to Shutter All of Its Remaining US Stores

    Payless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have closed down in the last year. The Topeka, Kansas-based chain said Friday it will hold liquidation sales starting Sunday and wind down its e-commerce operations. All of the stores will...

  • CEO Feb 12, 2019

    Toys R Us Tries for a Comeback a Year After Going Out of Business

    Some former Toys R Us executives are looking to bring back the iconic retailer — Geoffrey the Giraffe and all. Toys R Us liquidated its business last year, unable to emerge from bankruptcy after a crippling 2017 holiday season. Its lenders, including Solus Alternative Asset Management and the Angelo Gordon investment firm, took control of the company’s intellectual property, which...

  • NBCUniversal Inc. Jan 28, 2019

    Alysa Liu Makes History, Becomes Youngest US Women's Figure Skating Champion

    13-year-old Alysa Liu became the youngest competitor to win the the U.S. Women’s Figure Skating Championship.

  • Amazon Jan 11, 2019

    Department Stores Are ‘Fighting for Their Lives,' Says Ex-Target Exec Gerald Storch

    Macy’s disappointing holiday sales are less about the consumer and more about department stores’ relevance these days, former retail CEO and Target executive Gerald Storch told CNBC on Thursday. Macy’s reported weak holiday sales and cut its 2018 earnings outlook on Thursday morning, sending its shares and others tumbling. “Traditional department stores are fighting for their lives in an Amazon...

  • Massachusetts Jan 8, 2019

    Ocean State Job Lot Expanding New England Locations

    Discount retailer Ocean State Job Lot has purchased six former Toys R Us locations and agreed to a long-term lease at a seventh in New York, New Hampshire, Massachusetts, and Pennsylvania. The three Pennsylvania locations in Montgomeryville, Scranton and Wilkes-Barre, mark the North Kingstown, Rhode Island-based retailer’s first foray into the state.

  • United Kingdom Dec 13, 2018

    Former Toys R Us Manager Opens Maryland Store With Diverse Toys, Dolls

    A new brick-and-mortar toy store in Maryland opened by a former Toys R Us manager is seeing success thanks to the diversity of its dolls and toys.

  • NEW YORK Nov 23, 2018

    From the Cozy to the Gross, Here are 4 Holiday Shopping Trends to Watch

    Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples. Those are just some of the trends expected this holiday season, when shoppers are projected to spend as much as $720 billion, according to the National Retail Federation. Here’s what to expect.

  • North Carolina Nov 23, 2018

    Walmart, Target Host Black Friday Events to Court Online, Former Toys ‘R' Us Shoppers

    With Black Friday sales beginning on Thanksgiving for many retailers, Walmart and Target are getting the ball rolling with a variety of new events that experts say are intended to draw online shoppers and seize upon the first holiday season without a beloved children’s toy haven. Walmart recently announced its first-ever “Light Up Black Friday” parties in stores at 4...

  • NEW YORK Nov 20, 2018

    Former Toys R Us Workers to Get $20 Million in Hardship Fund

    Two private equity owners of the iconic Toys R Us toy chain will be handing over a $20 million hardship fund to the thousands of former workers left jobless and without severance after the chain liquidated in June.

  • United States Oct 12, 2018

    Retailers Up Their Game After Toys R Us Closures

    When Toys R Us closed its doors, customers mourned the loss of a beloved brand that conjured memories of their own childhood. Retailers, on the other hand, saw an opportunity. Rather than cede any more ground to online behemoth Amazon, companies like Target, Walmart and Party City ramped up their offerings. Now, ahead of the pivotal holiday season, they’re going...

  • United States Oct 3, 2018

    Play Back? Toys R US Investors Plan Comeback for Brand

    There may be a second act for Toys R Us, the retail wonderland for children that turned out the lights at hundreds of stores for what was thought to be the final time over the summer. After joining the parade of retailers that never recovered from the recession and radical changes in the way Americans shop for toys and everything...

  • United States Jun 29, 2018

    Goodbye, Geoffrey: Toys R Us Closing Its Last Stores

    Toys R Us is closing its last U.S. stores by Friday, the end of a chain known to generations of children and parents for its sprawling stores, brightly colored logo and Geoffrey the giraffe mascot.

  • CEO Jun 25, 2018

    Party City to Open Toy City Pop-Up Shops After Demise of Toys R Us

    Party City will open about 50 Toy City pop-up stores later this year that will run through the holiday season, the company said in a statement, according to CNBC. They hope to fill a gap left by Toys R Us, now bankrupt, and closing its remaining stores this week. “The creation of a Toy City concept to complement our temporary...

  • CEO Apr 24, 2018

    With Lights From Toys R Us Dimmed, Sales Plunge at Hasbro

    With its sales falling due to the liquidation of Toys R Us, Hasbro is looking for new places to sell Monopoly, My Little Pony and its other toys. Hasbro said Monday it will rely more on online sales, although it has also been working on getting its toys into more stores. CEO Brian Goldner said major retailers plan to increase...

  • United States Apr 22, 2018

    Toys R Us No Longer Accepting Gift Cards

    The toy retailer is no longer accept gift cards as of Saturday, April 21. E-gift cards and Endless Earnings are also not being accepted any longer. Toys R Us, which announced in March that it would be shutting down operations in the United States and Puerto Rico, says on its website that gift cards cannot be exchanged for cash, all...

  • Toys R Us Apr 9, 2018

    Toys R Us Founder Dies as Company Faces Liquidation

    It’s been a somber few weeks for those who had fond childhood memories of Toys R Us. First came word the company was planning to liquidate its US operations. Then Thursday news came that the man who founded the company 70 years ago, Charles Lazarus, a World War II veteran, has died. Lazarus was 94. Toy R Us confirmed Lazarus’...

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