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Wednesday, October 23, 2019

Tag: Toys ‘R’ Us

Toymaker Hasbro profit draws power from ‘Avengers’, ‘Magic’ card game

Revenue from partner brands, which includes tie-ups with Disney, climb by 3% in the second quarter.

Toys ‘R’ Us targets 10 US stores by end of 2020...

The company will open 6,500-square-foot stores at malls in Houston, Texas and Paramus, New Jersey, in a joint venture with retailer b8ta Inc.

Toys ‘R’ Us, back from the dead, will open US stores...

A former Toys 'R' Us executive has been pitching his vision to reincarnate the chain to toymakers says people familiar with the matter.

Hasbro suffers as lack of Disney movies adds to Toys ‘R’...

Hasbro's results were in contrast to those of rival Mattel Inc.

Toys ‘R’ Us secured lenders reject paying for worker severance

Angelo Gordon & Co. LP and Solus Alternative Asset Management don’t plan to contribute any more cash to benefit Toys “R” Us employees who were left jobless when it shut down.

Toys ‘R’ Us lenders may swap US$760 million in debt for...

The lenders would make a so-called "credit bid" by using their senior secured notes in the Asia business rather than cash, and win ownership of the unit during an auction next month in New York.

Slumping Barbie-maker Mattel to cut 2,200 jobs

Slumping US toymaker Mattel announced Wednesday it will cut 2,200 jobs after reporting another steep loss in the second quarter, sending shares sharply lower.

Hasbro results beat estimates as toymaker moves past Toys ‘R’ Us...

Despite the bankruptcy of Toys 'R' Us, Hasbro's shares rose by almost 12%.

Amazon takes a page from Toys ‘R’ Us with a holiday...

In a drive to win the business up for grabs after the demise of Toys “R” Us Inc., the online giant is going conventional with plans to publish a holiday toy catalogue.

US retail vacancy rate jumps on Toys ‘R’ Us store closings

The performance of the retail industry itself -- which has added more than 125,000 jobs in the past 12 months, shows what an outsize impact the collapse of Toys “R” Us had on retail real estate in the quarter.

Toys ‘R’ Us Australia stores to close after failing to sell

Existing stock will be sold off at the stores as they close in the next few weeks. The closures will also see 700 staff lose their jobs.

Statue of Toys `R’ Us Mascot, orphaned by bankruptcy, finds home

Toys “R” Us, the toy retailer that’s liquidating in bankruptcy, found a New Jersey children’s hospital that was willing to take the 16-foot tall statue of the African mammal that stood in the lobby of its headquarters.

The world’s biggest toymakers aren’t having much fun

Sales at the world’s three biggest toymakers—Lego A/S, Hasbro Inc. and Mattel Inc.—slumped during the crucial 2017 holiday season, and the outlook for 2018 isn’t much better.

Toys R Us founder dies as iconic retail chain folds

The founder of the embattled Toys R Us chain of children's stores died on Thursday, a week after the company announced the end of its operations in the United States.

‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts

More than a dozen executives, specialists and lawyers say they expected many small vendors to go bankrupt due to the disappearance of Toys 'R' Us and Babies 'R' Us in the United States.

Reports: Toys ‘R’ Us to shut or sell all US stores

Toys 'R' US plans to sell or close all of its US stores, potentially hitting 33,000 jobs.

All Toys ‘R’ Us shops to shut in Britain

Administrators fail to find buyer, forcing closure of 75 stores over the next 6 weeks on top of 25 outlets already closed.

Business as usual at local Toys ‘R’ Us stores

Toys 'R' Us Inc says operations outside the US and Canada are not included in the bankruptcy protection proceedings filed earlier today.