When now bankrupt Toys R Us puts its assets on the auction block next month, some expected things will be up for sale — like the toy and game retailer’s internationally recognized mascot Geoffrey the Giraffe, according to recent CNBC reports. Less expected will be...
As Toys R Us proceeds with plans to sell some of its business outside the U.S., the retailer has reportedly received bids of more than $1 billion for 85 percent of its business in Asia. The news comes as the retailer has indicated that it...
It is not easy selling toys and games these days — even at Christmas time — and eCommerce platform Amazon is not making things any easier, Toys R Us CEO Jerry Storch told CNBC’s closing bell. In fact, the rise of online shopping is only making things harder....
June 26, 2018
Months after Toys R Us announced that it would liquidate its U.S.-based assets, the toy retailer plans to shutter its brick-and-mortar locations by Friday (June 29). Some locations will close earlier, while the company’s eCommerce operations have been already closed for about three months, Fortune reported. But a former Toys R Us CEO, Jerry Storch, […]
May 15, 2018
When now bankrupt Toys R Us puts its assets on the auction block next month, some expected things will be up for sale — like the toy and game retailer’s...
April 12, 2018
As Toys R Us proceeds with plans to sell some of its business outside the U.S., the retailer has reportedly received bids of more than $1 billion for 85 percent...
December 27, 2017
It is not easy selling toys and games these days — even at Christmas time — and eCommerce platform Amazon is not making things any easier, Toys R Us CEO Jerry Storch told...