Toys R Us has appointed restructuring advisors as it struggles under a debt burden, suggesting it may be about to trim its store network. Neil Saunders says while the decision is not necessarily a sign of imminent bankruptcy, it is an indication the company…
Toys R Us is unifying its Japanese business with its ventures in Greater China and Southeast Asia. Under a new JV agreement with Hong Kong-based Fung Retailing, Toys R Us Japan, which has 160 stores, will be consolidated into Toys R Us Asia. The merged…
Toys R Us Singapore plans two new stores, despite the current downturn in the retail market. Country manager Raymond Burt told Channel NewsAsia the first will open before Christmas and a second will follow in early 2017. The announcement came at the opening…
Entertainment One (eOne) has announced details of Peppa Pig’s rapidly growing popularity in China. Since launching on-air in Mainland China in 2015, eOne’s Peppa Pig has surpassed 5.4 billion views on its three on demand platforms, IQIY, Youku and Tudou. It…
Toy and baby products retailer Toys R Us has opened its 100th store in China. Ten years after entering the market, the US-based chain has its milestone outlet in the APM Shopping Mall in Wang Fu Jing, Beijing. During the past year, Toys R Us China has opened…