Toy suppliers have stopped deliveries to the UK arm of Toys R Us over fears the financial struggles of its American parent company could leave them out of pocket. Despite Toys R Us insisting last month that it was “business as usual” for its UK operation, The Sunday Telegraph has learnt that that a clutch of suppliers have cut off the chain ahead of the crucial Christmas trading season. Sources said Worlds Apart, which makes doll’s houses and Disney Frozen bedroom furniture under licence, has stopped supplying Toys R US because it cannot get credit insurance. Meanwhile, Tutti Bambini, which makes high-end nursery furniture, has also pulled its supply citing financial concerns about the company. Toys R Us, which has 110 shops and employees 2,500 staff in the UK, currently lists both companies’ products as “unavailable” despite them being available at rivals Mothercare, Smyths and Argos. A Toys R Us spokesman confirmed that Worlds … [Read more...] about British Toys R Us shops hit by supplier fears
TOYS R Us has recalled thousands of infant toys over the risk that some of the pieces can detach and pose a choking hazard to babies. The recall, which involves the Bruin Infant Wiggle Ball, comes after the toy retailer received six reports of rubber knobs breaking off in the US. These include four cases when pieces of the products were found in children's mouths. The plastic back can detach as well, according to the retailer. Almost 30,000 infant toys have already been recalled in the US and some 3,000 were taking off shelves in Canada. Although, the recall first appeared on the company's US website, the Wiggle Ball is a global item and has also been removed from UK stores, Toys R Us confirmed. A spokeswoman for the company said: "This item is now off sale and we ask customers who have bought this item to return it to a Babies R Us or Toys R Us for a full refund The Wiggle Ball toy, also known as a Giggle Ball, has textured bumps for gripping and has orange, green and yellow rubber … [Read more...] about Toys R Us recall Wiggle Ball baby toy over fears children could choke on it
BLACK FRIDAY in on the way and once again stores will be slashing their prices on Friday, November 24. The American holiday is the perfect way to stock up on discounted gifts ahead of Christmas but will kids' mega-store Toys R Us be getting involved? Here's what we know... Toys R Us is yet to confirm that it will be taking part in Black Friday this year. It has a designated Black Friday page, which hasn't been updated in 2017. In previous years, Toys R Us have massively reduced the prices on plenty of popular toys, including Frozen merchandise, LEGO sets and a number of Xbox games. Last year, the toy store launched a flash sale and many of their prices were cut by as much as 40 per cent. We predict that Toys R Us will get involved in the sale this year, although there is some doubt as the US and Canadian branches of the store have filed for bankruptcy. In a statement released to the Sun Online, the company said the move will have no impact on the UK and said it was "business as usual", … [Read more...] about Is Toys R Us taking part in Black Friday 2017? How to find the best deals
The toy making industry has thrown the embattled American chain Toys R Us a lifeline by vowing to continue supplying it after tumbling into bankruptcy protection. The bosses of Bratz doll maker MGA Entertainment, Hatchimals manufacturer Spin Master and Sylvanian Families owner Epoch have told The Sunday Telegraph that they are confident Toys R Us will survive with their support. Toys R Us filed for bankruptcy last week Michihiro Maeda, chief executive of Epoch, said the US was the biggest market for Sylvanian Families and he did not believe Chapter 11 was “game over” for Toys R Us: “We think the company can turn around and grow again with fresh money.” He said the company was working closely with Toys R Us and the formal bankruptcy proceedings had provided certainty it would be paid for Christmas orders. Mr Maeda, who grew up testing prototype Sylvanian characters and has inherited his father’s business, revealed that it … [Read more...] about Sylvanian Families, Bratz and Hatchimals ride to Toys R Us rescue
Bankruptcy filings don’t usually start with a theme tune. But the submission from Toys R Us to a Virginia court begins with an upbeat jingle: “I don’t wanna grow up, I’m a Toys R Us kid.” The line is the opener from the retailer’s long-running US commercials and was swiftly followed by its unusual mission statement: the chain delivers “children their biggest smiles of the year” and gives parents “an opportunity to fulfil their children’s wildest dreams”. Since 1948 Toys R Us has been tugging on heartstrings by appealing to parents’ guilt-ridden fears that the only way their child can be happy is if they buy that latest doll, bike or playset. It has been a multibillion dollar masterclass in emotional manipulation. However, the warm and fuzzy childhood feelings that Toys R Us has generated for the past 69 years were replaced last week with grown-up anxiety as its US operations tumbled into bankruptcy … [Read more...] about Trouble in toy town: it’s time to grow up for Toys R Us and Lego
COPS were scrambled to a Toys R Us car park after a shopper noticed a baby had been left alone inside a parked car. The parents wrapped up their three-month-old in a blanket which draped the child's seat, before they left to shop for new bikes at Paisley Street Retail Park, Liverpool. Although the baby was unharmed, cops gave the parents "advice", the Liverpool Echo reports. A horrified local said she was forced to share details of the incident on Facebook because she was "utterly disgusted" by what she had just witnessed. The woman's post read: "I've just been shopping in Toys R Us and as I'm loading the boot of my car, I saw movement out of the corner of my eye from the parked car next to me. When I looked there was no one in the car apart from a rear facing car seat which had a yellow blanket draped over it." Toys R Us staff made a security announcement to try and locate the baby's parents. But they were reportedly unable to get a response from shoppers in the store. The woman … [Read more...] about Police called to Toys R Us after three month old was ‘left in car while parents shop’
Toys R Us has filed for bankruptcy protection in the US and Canada after running up $5bn (£3.7bn) of debts and struggling to compete in the age of internet shopping. The world’s largest toy store chain said it had filed for Chapter 11 to restructure its debts and work out a sustainable path for its finances that would allow it to invest in long-term growth. The New Jersey-based company, which employs 64,000, said the vast majority of its 1,600 stores around the world were profitable, adding that its businesses outside North America, including the UK, were not affected. The group’s history dates to the 1950s in the US. It arrived in the UK, where it employs more than 2,500 people, in 1985. It has 110 stores in Britain as well as a website launched in 1996. The group confirmed it was opening further shops in the UK, with four planned before Christmas in High Wycombe, Sunderland, Blackburn and Craigleith in Scotland. It is also revamping its flagship shops in Bristol and … [Read more...] about Toys R Us files for bankruptcy in US and Canada
Image copyright Getty Images Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts. The firm was once a dominant player in the US toy market, but has struggled against larger rivals such as Amazon. The move casts a shadow over the future of the company's nearly 1,600 stores and 64,000 employees.However, a US bankruptcy judge approved a loan of more than $2bn to help stabilise the toy chain.The aim is to give Toys 'R' Us money and time to prepare for the upcoming Christmas shopping season. The firm's European operations are not part of the bankruptcy proceedings and Toys R Us says it does not expect any immediate impact on its UK stores. Toys 'R' Us's operations in Australia, about 255 licensed stores and a joint venture partnership in Asia are also not included in the bankruptcy move.Increased competitionThe bankruptcy filing is more evidence that … [Read more...] about Toys ‘R’ Us files for bankruptcy protection in US
At it height, Toys ‘R’ Us was held up as the archetypal 'category killer'; a chain that had become so big and so powerful competitors didn’t stand a chance. Both smaller toy shops, and larger multi product retailers, were all but forced out of the trade by the big dog. With an unbeatable range, and ads that swamped America’s Saturday morning TV schedules, it stood almost peerless, and took its model global. Now the internet has killed off the category killer. At least that’s how the story has been playing out with the reeling company’s US stores filing for Chapter 11 bankruptcy. The reality is a little more complex. It is true that the internet has made life tough for the business, like it has for virtually every bricks and mortar retailer. But there's more to this grim Toy Story than simply shoppers' migration online. Warehouse style retailers like Wal-Mart, with their aggressive pricing, have also hit the chain … [Read more...] about Toys R Us is uncomfortably close to the incinerator like Woody and Toy Story 3 pals. Can it find a rescuer?
Toys ‘R’ Us, which has more than 1,600 shops worldwide and 64,000 members of staff, has been struggling with customers switching to shopping online rather than taking to the high street. The retail giant has now announced its north American arm is seeking “Chapter 11 protection” from the US Bankruptcy court. On its website it stated its 1,600 Toys ‘R’ Us and Babies ‘R’ Us locations would operate “as usual”, and that it would work with its investors to address roughly $5billion in debt. The move will allow the company to restructure its business so it can tackle it debts. Toys ‘R’ Us, which has more than 1,600 shops worldwide and 64,000 members of staff, has been struggling with customers switching to shopping online rather than taking to the high street. But how will Toys ‘R’ Us filing for bankruptcy in … [Read more...] about Toys ‘R’ Us files for bankruptcy putting 64,000 jobs at risk: Is YOUR local store closing?
Toys R Us has filed for bankruptcy protection in the US and Canada after running up $5bn (£3.7bn) of debts and struggling to compete in the age of internet shopping. The world’s largest toy store chain said that it had filed for Chapter 11 to restructure its debts and work out a sustainable path for its finances that will allow it to invest in long-term growth. The New Jersey-based company said that the vast majority of its 1,600 stores around the world were profitable, adding that its businesses outside North America, including the UK, were not affected by the proceedings. “Today marks the dawn of a new era at Toys R Us where we expect that the financial constraints that have held us back will be addressed in a lasting and effective way,” said Dave Brandon, chairman and chief executive. “Together with our investors, our objective is to work with our debtholders and other creditors to restructure the $5bn of long-term debt on our balance sheet, which will … [Read more...] about Toys R Us files for bankruptcy in the US and Canada
Toys “R” Us filed for bankruptcy protection in the US late on Monday, in what experts have described as one of the largest ever Chapter 11 filings by a speciality retailer. The move casts doubt over the future of its approximately 1,600 outlets and 64,000 employees, and comes just as the US market gears up for the crucial holiday shopping season, during which company’s like Toys “R” Us generate a large proportion of their annual sales. Already on Monday The Wall Street Journal reported that the company was within weeks of filing for bankruptcy. Toys “R” Us had been saddled with a huge amount of debt since buyout firms KKR and Bain Capital took it private for $6.6bn (£4.9bn) in 2005. Its bonds that are due to mature next year have lost half their value this month, according to data from Thomson Reuters. “We expect that the financial constraints that have held us back will be addressed in a lasting and effective … [Read more...] about Toys ‘R’ Us just filed for bankruptcy
CHILDREN’S toy giant Toys ‘R’ Us could be in financial trouble, according to reports in the United States. The retailer, which has more than 1,600 shops worldwide, is considering filing for bankruptcy in the UK in the “next few weeks”, ahead of the crucial Christmas shopping period, the Wall Street Journal has reported. It said the shop had struggled to cope with the shift in consumers doing more and more of their shopping online. Bosses are considering filing for “Chapter 11 protection” in the US Bankruptcy Court, which would mean the company would face restructuring in order to pay its debts. News organisation Reuters added the company has around 5 billion dollars (£3.6 billion) worth of debt. It is working on a loan to reassure its suppliers it will be able to pay them for their goods for the Christmas period. There is no suggestion that the re-ordering of the business in the US would have any impact on the UK. Rumours about the … [Read more...] about Is Toys R Us about to go bust?
Toys ‘R’ Us could go bankrupt within weeks as it struggles with billions of dollars of debt and mounting pressure from suppliers, The Wall Street Journal reported. The global toy retailer, which has more than 1,600 outlets is considering filing for Chapter 11 bankruptcy protection in the US before Christmas. Chapter 11 can allow companies to stay operational as they reorganise and pay their creditors. CNBC reported earlier this month that the ailing firm had hired restructuring advisers from law firm Kirkland & Ellis. has around $5bn (£3.6bn) of debt, $400m of which reportedly comes due next year. The company has been saddled with the vast debt pile ever since buyout firms KKR and Bain Capital took it private for $6.6bn in 2005. The company previously said it was working with investment bank Lazard to help manage its attempted refinancing. Toys ‘R’ Us’ suppliers, fearing that the retailer may be in trouble, are now tightening … [Read more...] about Toys ‘R’ Us could go bankrupt before Christmas
A row has erupted after a Dundee toy shop dumped "tonnes" of unopened goods into landfill following a fire at the store. A Tayside charity worker was "horrified" after seeing skip hire workers at Toys R Us, taking apparently "undamaged" cots, bikes, car seats and toys away. Melissa Hunter, 34, said she was upset the items were going to waste instead of being donated to families in need, and called out to the retail giant on social media. However, a Toys R Us spokesman said the goods were smoke damaged and declared unfit for sale by the insurers. Melissa said: "I was driving by and there was a company loading things into a skip. I asked why it was being put there, was it damaged? "The guys said it wasn't, but it was going to landfill - it was an insurance thing and Toys R Us had to dispose of it. "Apparently six more skips were due to remove more things. There were loads of things like buggies, bikes, toys, all sorts. "It was all in boxes and I was told there was literally tonnes of … [Read more...] about Anger as goods damaged at Toys R Us fire sent to landfill – Evening Telegraph
An eight-year-old boy from Leicestershire cut the ribbon to officially open a new toy store in the city this weekend. Max Savage, of Kibworth, was chosen to open Toys R Us, in Highcross, on Saturday after winning a competition his mum entered on Facebook. He also won £250 to spend in store. Max said cutting the ribbon as was fun, but scary. "I was very excited," he said. Read more: New pictures show inside the Toys R Us store opening in Highcross this weekend Talking about the opening day, his mum Tamara Spilner, 39, said: "Max had a lovely time and everyone was lovely. He enjoyed spending the gift card as well!" She said Max also met a Toys R Us character called Geoffrey the giraffe, who was with Max while he cut the ribbon. She said: "There was a crowd waiting to come in. "Everyone cheered and clapped when Max cut the ribbon, and he was the first to go in the store. Then everyone else came in." Read more: CBeebies favourite Q Pootle 5 is zooming into Leicester's National Space … [Read more...] about Watch: Video of new Toys R Us store on its grand opening day
Get What's On updates directly to your inbox + SubscribeThank you for subscribing! Could not subscribe, try again laterInvalid Email There's a magical place we're on our way there, so the song goes, and Swansea's magical place "with toys in their millions all under one roof" has just had a major makeover. Queues formed outside Toys R Us in Parc Tawe for the grand unveiling, where a ribbon-cutting ceremony was followed by some special offers and promotions in-store. Read More There'll be a three-day street food and drink festival in Swansea this summer "We're having a great big party today down in Toys R Us in Swansea as a celebration of our new store," said a spokesperson. "Come and join us, we've got everything from family favourites to all the new, biggest crazes." Where is it? Toys R Us Swansea is at: Toys R Us, Parc Tawe, North Dock, Swansea SA1 2AS Read More You can watch live opera and ballet for free on Swansea's Big Screen this summer When is it open? Sunday, 11am-5pm … [Read more...] about Toys R Us in Swansea has had a makeover – we went to have a look inside
A Dundee toy store hit by fire-raising youths has been forced to close its doors. Seven fire appliances raced to Toys R Us at Kingsway West Retail Park early last month where they found a “well-developed” blaze in the delivery area. The fire, which is believed to have been started deliberately, raged for nearly two hours. Significant damage was caused to parts of the outside of the property and a lorry parked in a loading bay attached to the rear of the premises. The interior of the store suffered considerable smoke damage. Toys R Us was damaged in a fire last month.A Toys R Us spokeswoman said that the store was set to undergo a revamp, adding: “The store has been closed since the fire. “We are currently working with our insurers to assess the extent of the damage that was caused during the fire. “The store will undergo a complete refurbishment. “At this stage we do not have a confirmed opening date or a scheduled timeline of … [Read more...] about No confirmed opening date for Dundee Toys R Us closed by fire – Evening Telegraph
Beauty And The Beast fans have accidentally been given a super sneak peak of Emma Watson's vocal chops - and we like what we're hearing. Up until now, the 26-year-old's singing as Belle in the Disney remake has been a closely guarded surprise - completely absent from all of the film's teasers and trailers. But a preview of Emma's crooning has turned up in the unlikeliest of places - a Toys R Us store. And it's all due to a mix-up in the official release of the film's merchandise. ? Well there it is, straight from the shelves at Toys R' Us…? ・・・ @The_West_Wing_ : Get ready for this one guys… FIRST LISTEN AT EMMA SINGING "SOMETHING THERE"!!!! I am officially floored, if she wasn't perfect enough this has absolutely nailed her as #Belle! I cannot wait for this movie!!! ?? Recording taken from the singing Belle Hasbro doll! Not sure who to credit though, sorry! . #BeautyandtheBeast #Disney #EmmaWatson #Belle #BillCondon #BeOurGuest #taleasoldastime A video posted by Jack Morrissey … [Read more...] about Emma Watson’s singing in Beauty And The Beast accidentally leaked in Toys R Us blunder
AKM-GSI This is almost too much cuteness to handle! Jessica Simpson and daughter Maxwell, 10 months, joined Ashlee Simpson and her 4-year-old son, Bronx, for a Toys "R" Us shopping spree on Saturday. The pregnant Fashion Star mentor, 32, and her 28-year-old sister were all smiles as they made their way out of the Burbank, Calif., location with a cartful of toys. Hear more from Jess on surprise baby-making Jess recently told Ryan Seacrest's KIIS-FM show she'd like to stop having kids after her and Eric Johnson's baby boy is born. Then again, Maxwell may well end up with more than one sibling... "Originally, I had wanted three. But now that I have one and another one on the way, I feel like I could stop here," she said. Then again, "Accidents do happen," she said laughingly. Hey, nothing beats a happy surprise! Check out Jessica's pregnancy in pictures! … [Read more...] about Pregnant Jessica Simpson, Ashlee Simpson Take Maxwell and Bronx on Toys “R” Us Shopping Spree