Toys R Us’ going-out-of-business sales started at some stores on Friday. Toys R Us has not yet confirmed whether all 735 of its stores are beginning sales. Here are some things to know about the sales. The company hasn’t confirmed how big the discounts will be, but one sales associate said discounts will start at 10% and increase in the coming weeks. All purchases made during store closing sales are final. Customers have until April 21 to use any gift cards and they can’t be returned for cash.
Consumers flocking to Toys R Us for the start of the toy store chain’s liquidation sales, you might as well cancel that destination in your GPS today – because it ain’t happening! explanation for why the sale was postponed.
Toys R Us’ going-out-of-business sales started at some stores on Friday. Toys R Us has not yet confirmed whether all 735 of its stores are beginning sales. Here are some things to know about the sales. The company hasn’t confirmed how big the discounts will be, but one sales associate said discounts will start at 10% and increase in the coming weeks. All purchases made during store closing sales are final. Customers have until April 21 to use any gift cards and they can’t be returned for cash.
How much are you really going to save at Toys ‘R’ Us?
Customers turned up to shop the sales at its stores, only to find that they had been delayed. Toys R Us has not yet confirmed when the rescheduled sales will start. The iconic toy store and its sister company, Babies R Us, were meant to begin their big going-out-of-business sales on Thursday. One read: “Attention customers, liquidation sale has been delayed. Toys R Us told Business Insider that the sales had been delayed due to unforeseen circumstances and that they could begin Friday instead.
Toys R` Us says it expects to start liquidation sales Thursday as it prepares to shut down or sell all of its U.S. stores.
The bankruptcy of Toys’R’Us weakened Hasbro Inc’s forecasts for the holiday season in otherwise strong third-quarter results on Monday, boding ill for a sector worried by the collapse of a major customer. The Amazon-fueled move away from brick-and-mortar retailing was behind the surprise filing last month by Toys’R’Us, which left Hasbro exposed to the tune of $60 million in unsecured claims for payment.
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Toys “R” Us has decided to pull hoverboards from its website. New policy information from the toy department store specifically mentions the Razor Hovertrax hoverboard. Toys ‘R’ Us said it was working with Razor to make sure its hoverboard passed the latest safety standards. The statement comes after the U.S. government’s notice on Friday that all hoverboards on the market are considered unsafe. Toys ‘R’ Us quick action may force other retailers like Amazon or Wal-Mart to follow suit, or risk consumer safety complaints.
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Sales of Barbie dolls have fallen for the eighth straight quarter, as girls turn to interactive electronic toys and tablets. Global sales of Barbie fell 14% in the three months to September 30. Mattel, which is in the middle of a turnaround plan, has been struggling to revive sales of the 56-year-old doll, as young girls increasingly prefer technology. Shares of the company, which also reported weak sales in its Monster High business, which also sells dolls, fell as much as 10% in after-market trading on Thursday. Mattel, which in 2014 got nearly half of its revenue from international markets, [More]
Sales of Barbie dolls have fallen for the eighth straight quarter, as girls turn to interactive electronic toys and tablets. Global sales of Barbie fell 14% in the three months to September 30. Mattel, which is in the middle of a turnaround plan, has been struggling to revive sales of the 56-year-old doll, as young girls increasingly prefer technology. Shares of the company, which also reported weak sales in its Monster High business, which also sells dolls, fell as much as 10% in after-market trading on Thursday. Mattel, which in 2014 got nearly half of its revenue from international markets, [More]
Jurassic World-themed dinosaur toys and Play-Doh have helped boost sales for Hasbro. The toy maker has posted better-than-expected results with a 25 percent jump in net profit to 41.8 million dollars in the second quarter. The performance helped offset a 3.8 percent fall in revenue which the company blamed on a strong US dollar. Hasbro shares closed 6 percent higher continuing a strong run for the shares which have risen more than 50 percent his year. Sales of the company’s Star Wars toys are also expected to be boosted by the release of Star Wars: Episode VII – The Force [More]
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