Toys R Us to Close All U.S. Stores

| Daniela Forte

Toys R Us announced it is closing or selling all of its more than 800 stores across the U.S. CNBC reported that the company is working out a plan to save at least 200 stores from going dark if it can find a buyer. Here is what caused the demise of yet another big-box retailer.

Toys R Us Closing 200 More Stores, Prospects Growing Dim

| Mike O'Brien

Embattled toy and game chain Toys R Us plans to close another 200 stores, and its web relaunch didn’t happen on schedule, prompting many observers to cast doubts on its future viability. This is on top of a previously announced closure of 170 stores in April.

Toys ‘R’ Us to Close Nearly 180 Stores Across the U.S.

| Daniela Forte

Toys ‘R’ Us announced it is closing nearly 180 stores across the U.S., accounting for one-fifth of its retail footprint, in the wake of filing for bankruptcy protection in late 2017. See what CEO and chairman Dave Brandon had to say about the future of the company.

Toys “R” Us Inc. Reports Disappointing Third Quarter

| Daniela Forte

Toys “R” Us Inc., reported a not so stellar third quarter. Net sales were $2.018 million, a decrease of $89 million compared to 2016. Here is what the CEO Davide Brandon had to say about the third quarter and what the company plans as it moves ahead.

Toys ‘R’ Us Launches Online Marketplace

| Mike O'Brien

Toys ‘R’ Us announced it is launching an online marketplace in 2018, less than two weeks after declaring bankruptcy and saying it will keep its stores open through the process. The move makes Toys ‘R’ Us more competitive with eBay, where it has maintained an online store for more than a decade.

Toys “R” Us Files for Chapter 11 Bankruptcy

| Daniela Forte

Toys ‘R’ Us Inc., announced it has filed for Chapter 11 bankruptcy in an effort to restructure its outstanding debt and establish a sustainable capital structure that will enable it to invest in long-term growth.

JC Penney Getting Back Into the Toy Business

| Mike O'Brien

Looking for another avenue to boost flat store sales, JC Penney is opening 500-square-foot toy shops in all of its brick-and-mortar locations, the company announced, pitting it against the likes of Toys R Us and Amazon as well as discount retailers like Walmart and Target in the $20 billion market.

Toys ‘R’ Us Plans New Ecommerce Site

| Daniela Forte

In an effort to compete with Amazon and its other rivals and not fall behind in the ecommerce game, Toys ‘R’ Us is working on launching a new ecommerce website. Here are some details about Toys ‘R’ Us’ ecommerce upgrade.