![]() ![]() Although Toys "R" Us stood as the only nationwide toy store chain in the United States in the early 2000s, it was no longer the nation's leading seller of toys, having lost that position to retailing behemoth Wal-Mart Stores, Inc. ![]() ![]() is one of the world's leading retailers of toys, children's clothing, and baby products. for $376 million its 78 stores are converted to the Babies "R" Us format.ġ998: Company begins selling toys online and launches a huge restructuring.ġ999: The Imaginarium educational toy store chain is acquired.Ģ000: Strategic alliance is entered into with to combine the two companies' toy and video-game online stores. toys are soon added to the stock, and the shop is renamed Children's Supermart.ġ952: Lazarus opens his first Baby Furniture and Toy Supermarket.ġ957: Lazarus begins operating his discount toy supermarkets under the Toys "R" Us name, with an outlet in Rockville, Maryland, being the first so christened.ġ966: Lazarus sells his four Toys "R" Us stores to Interstate Stores Inc., but he continues to manage the chain.ġ974: Interstate is forced to declare bankruptcy at the time there are 51 Toys "R" Us outlets.ġ978: Having shed most of its other retail units, Interstate emerges from bankruptcy with 63 toy stores the company, now led by Lazarus, is renamed Toys "R" Us, Inc.ġ983: Company opens its first Kids "R" Us children's apparel stores sales surpass $1 billion.ġ984: First international stores open in Canada and Singapore.ġ996: The Babies "R" Us chain is launched.ġ997: Toys "R" Us acquires Baby Superstore, Inc. As we look to the future, we will continue to focus on our key strategies: content differentiation, improved guest service, better presentation, consistent in-stock position and recreating an atmosphere where it is fun to shop for both children and adults.ġ948: Charles Lazarus begins selling baby furniture at his father's bike shop in Washington, D.C. It encompasses all areas of the company and represents a solid foundation for future growth. The progress that has been made at Toys "R" Us is substantive. NAIC: 451120 Hobby, Toy, and Game Stores 448130 Children's and Infants' Clothing Stores 454111 Electronic Shopping ![]()
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