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Toys ‘R’ Us files for liquidation; to close all US stores

Indiaretailing Bureau -
Toys 'R' Us said in a US Bankruptcy Court filing Thursday that it must liquidate, a move that would close 735 stores, leave 33,000 people without jobs and wrap up a 70-year run for a once-beloved holiday shopping spot. With...
International News

Toys “R” Us to close 180 stores as a part of restructuring

Indiaretailing Bureau -
Toys “R” Us is planning to close as many as 180 of its stores as it struggles to reorganize in bankruptcy. The planned closings represent about 20 percent of Toys “R” Us stores The retail chain, which filed for bankruptcy...
International News

Toys"R"Us Japan and Asia merge; to add 160 stores to form pan-Asia network

Indiaretailing Bureau -
Toys"R"Us Asia Ltd has entered into an agreement to unify the Toys"R"Us business in Japan with the company's business in Greater China and Southeast Asia. Headquartered in Hong Kong and in partnership with the Fung Retailing Group, the enlarged Toys"R"Us...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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