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For more than 21 years, U.S. based personalized experiential toy retail brand Build-A-Bear has been sharing hearts and bear hugs globally, and after a long wait, Tablez – the retail arm of LuLu Group International, has launched the first Build-A-Bear store in…
To meet an ever-increasing demand for an engaging retail environment, Tablez India announces the partnership with Build-A-Bear, a global experiential retailer. U.S.-based, customized stuffed-animal retail-entertainment brand Build-A-Bear aims to reach as many…
Fung Retailing has finally secured a deal to continue to operate the profitable Toys R Us Asia business. The privately owned Hong Kong business, which is separate to the listed Li & Fung, will boost its stake in Toys R Us Asia from 15 per cent to about 21 per…
Toys R Us Brunei has relaunched its Mabohai Shopping Complex store. The reopening, after extensive redesign and renovation works, attracted long queues of shoppers hoping to pick up special deals promoting the event. Along with the reopening, the store has…
Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China. The partnership will bring closer Alibaba’s 600-million user base and Fung Retailing’s 3000+ network of stores across Greater…
Fung Retailing’s battle with the administrators of bankrupt Toys R Us has ramped up, with the latter company filing an injunction request in US courts this week. The Hong Kong company is working to protect its first-right-of-refusal clause on acquiring shares…
Lenders owed funds from the collapsed Toys R Us North American business are trying to have a US court force Hong Kong’s Fung Group to sell its stake in the profitable Asian subsidiary. According to a report by Bloomberg, for which Fung Retailing did not…
Toy company executive Isaac Larian says he and other investors have pledged $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys “R” Us stores being liquidated in bankruptcy. The…
There is sad synchronicity in the timing of the death of Toys R Us founder Charles Lazarus, which comes as the retailer is preparing to shut up shop. News of the passing of Lazarus, 94, was tweeted by Toys R Us overnight. He founded the company in 1957 after…
Selected sites of Toys R Us US stores may be taken over by Amazon. Bloomberg reports the bankrupt toy retailer is in talks with the e-commerce giant over the future of an unspecified number of stores which could be converted to Amazon’s growing portfolio of…
Toys R Us Asia has repeated earlier assertions that its business will not be affected by the liquidation of Toys R Us stores in the US and UK, amid reports that Australian operations would likely need to close. Toys R Us Asia’s joint-venture partner Fung…
Toys R Us will sell or close all of its US and UK stores in coming months. The decisions, by respective liquidators appointed on both sides of the Atlantic, will leave Canada, Asia and Central Europe up for sale as the last remaining Toys R Us businesses…
Toys ‘R’ Us Asia may be taken over by to its local partner, the Fung Group. A deal could give Toys ‘R’ Us Asia a valuation of at least US$1 billion. The private holding company of Hong Kong’s billionaire Fung brothers is considering finding partners to join…
Toys “R” Us, the beleaguered chain under pressure from Amazon and bigger toy sellers, may close dozens more stores as it struggles to find a path out of bankruptcy and return to financial viability. The toy retailer has not recovered from a dismal holiday…
As it continues its revival, US retail toy giant FAO Schwarz has set its sights on China. It plans to open stores in Beijing and Shanghai this year through a collaboration with China toy distributor Kidsland. Kidsland will also open 30 FAO Schwarz shops in…
As a raft of UK Toys R Us closures were announced, management moved to reassure customers it is business as usual, globally. With the Toys R Us US parent trading under Chapter 11 bankruptcy protection, the company is moving to restructure the business…
