Saturday, January 23, 2021

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A REBOOTED Toys R Us has opened its first location in Paramus, N.J., one of ten stores planned to open by the end of next year. / BLOOMBERG NEWS FILE PHOTO/MARK KAUZLARICH

Toys R Us is back after bankruptcy–in New Jersey, that is

NEW YORK – Visitors to one of New Jersey’s poshest malls will get a first glimpse of the revamped, post-bankruptcy Toys R Us just...
A WIND-DOWN company for Toys R Us-Delaware Inc. has sued the state Department of Labor and Training to recoup excess self-insurance funds the company had paid to the state following the company's shuttering and firing of employees in 2018, / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys R Us wind-down entity sues DLT for self-insurance funds

PROVIDENCE – The wind-down entity of Toys R Us-Delaware Inc. has sued the R.I. Department of Labor and Training, according to federal court documents...
THE REMNANT of the defunct Toys R Us chain is set to return this holiday season by opening about a half dozen U.S. stores and an e-commerce site, according to people familiar with the matter. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys R Us, back from the dead, will open U.S. stores...

NEW YORK – Maybe American kids will only have to live through one Christmas without Toys R Us. About a year after shuttering United States operations,...
THE REMNANT of Toys R Us Inc. is looking for licensing partners to revive the brand in several parts of the world, including in the United States by next Christmas. The company is called Tru Kids Inc. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

New Toys R Us emerges, looking for partners in U.S. and...

NEW YORK - The remnant of Toys R Us Inc. is looking for licensing partners to revive the brand in several parts of the...
OCEAN STATE JOB LOT has acquired six former Toys R Us stores on the East Coast and leased another in Massachusetts. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Ocean State Job Lot expands into former East Coast Toys R...

PROVIDENCE – Ocean State Job Lot has purchased six former Toys R Us stores on the East Coast and leased another, the company announced...
THE HEDGE FUNDS that now own the Toys R Us brand are reportedly considering a relaunch of the toy retailer as a standalone operation next year. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

New Toys R Us owners said to mull physical stores next...

NEW YORK - The hedge funds that now own the Toys R Us brand plan to relaunch the toy retailer as a standalone operation next...
SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.

Summer Infant reports profit despite Toys R Us bankruptcy hit

WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its...
BOTH HASBRO AND MATTEL warned investors in earnings calls this week that there are still more quarters of pain ahead after losing Toys R Us as a customer. / BLOOMBERG NEWS FILE PHOTO/JASON ALDEN

Not all fun and games for toymakers as Toys R Us...

NEW YORK - Major toymakers are still reeling from the loss of Toys R Us, even as retailers from Best Buy Co. to Party...
HASBRO reported net income of $263.9 million in the third quarter, a slight decline from a year earlier, as the Toys R Us bankruptcy continues to affect the toy and entertainment producer. / COURTESY HASBRO

Hasbro Q3 results hurt by Toys R Us and European woes

PAWTUCKET – Toy and entertainment producer Hasbro Inc. reported net income in the third quarter of $263.9 million, a decline of 0.6 percent, or...
THE LENDERS THAT had planned to liquidate the remaining assets of Toys R Us Inc. have pivoted and are now working on bringing the brand back to life, according to new court filings. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us lenders plan brand revival as auction canceled

NEW YORK - The same Toys R Us Inc. lenders that have been taking heat for their role in the decision to liquidate the company...

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