“Business as usual” for Toys’R’Us Asia.

Publication

24 October 2017 à 12h07

Updated on 10 May 2019 à 17h33

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1 minute

Publication: 24 October 2017 à 12h07, Updated on 10 May 2019 à 17h33

Reading time: 1 minute

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Publication

24 October 2017 à 12h07

Updated on 10 May 2019 à 17h33

Reading time

1 minute

Publication: 24 October 2017 à 12h07, Updated on 10 May 2019 à 17h33

Reading time: 1 minute

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Having started a restructuring process under bankruptcy protection in the U.S. and Canada, Toys’R’Us said that its Asian stores (China, Japan, Malaysia, Hong Kong, the Philippines, Thailand, etc.) won’t be affected, including those from the joint venture with Fung Retailing. Last year, some 14% of toy sales globally were online up from6.5% in 2011 (GlobalData Retail). Meanwhile, Toys’R’Us wants to optimise its retail footprint, closing unprofitable stores, reducing the size of standard...

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