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Retail giant Toys R Us posted a $60m loss for its financial quarter ending April 28th, 2012. However this was a $7m improvement compared to the same period last year, where the retailer made a $67m loss. Net sales reached $2.6 billion, a decrease of 0.9 per cent or $24 …
Read More »Toys R Us facing financial struggle
The owners of Toys R Us are expected to appoint the finance firm Cairn Capital to help in the restructuring or refinancing of debts of 400 million, according to The Sunday Times. The toy specialist is considering its options, including adding new equity and extending debt repayment deadlines. The current …
Read More »Skylanders craze compared to ’90s Tamagotchi mania
Toy retail giant Toys R Us has compared the hunger for Activision’s Skylanders to the crazed fenzy that surrounded virtual pet toy Tamagotchi in the mid ‘90s. The release of new figures for the game regularly leads to pre-opening queues at Toys R Us outlets across the US. The consumer …
Read More »Toys R Us blames games for low sales
Toys R Us has posted international sales of $965m for its second quarter ending July 31, 2010 – a drop of $26m year-on-year. The retailer said in a statement: Comparable store net sales grew 0.6 per cent in the US and declined 3.2 per cent in the international segment, as …
Read More »US: Toys R Us offers hardware trade-ins
Toys R Us in North America had added video game consoles to its pre-owned offer. Consumers can now trade-in hardware at the service desk, and will receive a Toys R Us gift card that can be used at Toys R Us and Babies R Us stores, as well as on …
Read More »FIFA 09 given away free at Toys R Us
The FIFA ’09 deals continue to roll in, with Toys R Us giving away a copy of the game with every PS3 or Xbox 360 bought. Gamers will also receive a free Adidas finale football with their purchase (usual price 14.99). The deal follows Tesco’s aggressive price cut on FIFA …
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