Without Toys R Us, one iconic, international toy chain could soon make its mark in the US


Without Toys R Us, one iconic, international toy chain could soon make its mark in the US


Key Points
  • Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.
  • British toy retailer Hamleys is close to finalizing a deal where it would secure roughly 30,000 square feet at 2 Herald Square, near Macy’s and Victoria’s Secret, a person familiar with those negotiations tells CNBC.
  • The company is looking to grow in the U.S., as retailers like Walmart and Target are trying to sell more toys.

    Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.

    Companies like Target, Walmart, Amazon and Kohl’s are trying this holiday season to sell more toys to kids and their parents, but the verdict is still out on which company will best fill the void that Toys R Us left behind. Seeing a huge opportunity, one iconic, international toy retailer could soon make its first move into the U.S. with a flagship location in New York, and plans for a wider rollout of stores to follow.

   ...more

RSK: Someone has to pick up the slack. I like Kohls model myself but you cannot survive on a few Holidays per year in the toy market...

Share this article on you social outlets



Our Sponsors
- - Volume: 6 - WEEK: 50 Date: 12/11/2018 9:37:47 AM -