Cheaper Toys at Toys R Us

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By
Muhammed El-Hasan
on April 2, 2009 10:06 AM | | Comments (0) |

Smart move on Toys R Us' part. Other retailers will likely follow, if they haven't already.


Toys "R" Us puts value shops within U.S. stores

NEW YORK (Reuters) - Toys "R" Us has rolled out shops in the front section of its U.S. stores, highlighting toys for $3 and under as it responds to the recession that has made even indulgent parents cut back on toys for their kids.

The privately-held specialty toy retailer, which operates almost 850 Toys "R" Us and Babies "R" Us stores in the United States, said its "$1-$2-$3 Fun" shops will carry about 100 items at those prices.

The effort to woo shoppers comes after U.S. toy retail sales fell 3 percent to $21.64 billion in 2008 from a year earlier, according to market research firm NPD Group.

Read the whole story.

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This page contains a single entry by Muhammed El-Hasan published on April 2, 2009 10:06 AM.

Are Homes Still Way Over-Priced? was the previous entry in this blog.

Look for These Recovery Signs: Biz Casual is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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