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Toys R Us

Business
Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online
Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online After closing its stores years ago, Toys "R" Us is set to make a comeback through a new partnership with Macy's. Shoppers will once again have the chance to browse the shelves for Toys "R" Us toys at shop-in-shops set to begin rolling out at more than 400 Macy's stores in 2022, according to an announcement from Macy's on Thursday, Aug. 19. The toys are also currently available on the Macy's website. Shoppers can search for products based on age, kind of toy, character and brand, Macy's said.  “As a Toys 'R' Us kid, I could not be more excited to bring this beloved brand that so many of o…

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by Nicole Valinote
Business
Toys R Us Back With New Name A Year After Going Out Of Business Toys R Us Back With New Name A Year After Going Out Of Business
Toys R Us Back With New Name A Year After Going Out Of Business Like Toys R Us, but different.  Nearly a year after going out of business, the toy conglomerate is trying for a comeback. This time, it's called Tru Kids and is headquartered out of Parsippany, New Jersey just 20 minutes from its former Wayne, New Jersey location, CNBC reports. The company -- which was launched Jan. 20 -- is operated by former Toys R Us executives hoping to bring back Geoffrey and more. Tru Kids is still ironing out a complete business plan and exploring multiple options including stand-alone stores, pop-up shops and partnerships (possibly Amazon), according to n…

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by Cecilia Levine
Business
Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs
Toys 'R' Us Will Close All 800 Stores, Affecting 33,000 Jobs Six months after filing for bankruptcy, Toys 'R' Us will close all 800 of its U.S. stores, affecting as many as 33,000 jobs at the 70-year-old toy store chain. The company made the announcement to employees on Wednesday, according to the Wall Street Journal. A company representative confirmed the report, but noted that there would not be an immediate shutdown. Toys 'R' Us was already in the process of closing about 180 stores.  In a conference call with employees, CEO David Brandon cited customers choosing to shop elsewhere and online as one of the main reasons for the closures. Toys 'R'…

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by Joe Lombardi
Business
Toys 'R' Us May Close Another 200 Stores, Report Says Toys 'R' Us May Close Another 200 Stores, Report Says
Toys 'R' Us May Close Another 200 Stores, Report Says Less than a month after announcing it planned to close 182 outlets, another 200 Toys 'R' Us stores may also be closing, according to a report in The Wall Street Journal on Thursday. The total of near 400 closures would be 45 percent of the toy retailer's total number of stores. Toys 'R' Us also reversed plans to offer severance packages to all affected employees, The Wall Street Journal reported. The locations of the 200 stores were not available. Toys 'R' Us, which filed for bankruptcy last fall, announced on Jan. 24 it planned on closing the 182 outlets, according to a court filing. A …

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by Joe Lombardi
Business
Toys 'R' Us Will Shut Down 182 Stores, Including Four In Connecticut Toys 'R' Us Will Shut Down 182 Stores, Including Four In Connecticut
Toys 'R' Us Will Shut Down 182 Stores, Including Four In Connecticut Toys "R" Us, which filed for bankruptcy last fall, plans to close as many as 182 outlets, about one-fifth of its total number of stores across the country, according to a court filing late Tuesday. A shift by customers to online shopping and increased competition led to the move, the Wayne, New Jersey-based company said.  Here is a rundown of tristate area stores scheduled for closure: New York Yonkers, 2700 Central Park Avenue College Point, 139-19 20th Avenue Union Square, 24-30 Union Square East Sayville, 5181 Sunrise Highway Massapequa, 5214 Sunrise Highway Henrietta, 2…

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by Joe Lombardi