At the turn of the last century, very few Americans over the age of 65 lived alone — only about 9 percent. Families were far more likely to live in multi-generational households, and elderly family members were a standard part of most domestic living arrangements. However,...
Toys R Us CEO Dave Brandon — along with other members of the leadership team and the majority of employees—are leaving the company. A company spokesperson confirmed to Retail Dive that Brandon and the executives “fulfilled their professional and fiduciary responsibilities to the company.” “Several hundred...
In every story of less, there is usually someone who gained. In the case of the massive Toys R Us bankruptcy, children’s apparel retailer The Children’s Place could end up unexpectedly on the winner’s list. According Retail Dive, Senior Research Analyst Susan Anderson of investment bank...
To pay vendors for merchandise shipped after its bankruptcy filing in September, a lawyer for Toys R Us said the embattled retailer will create a $156 million fund. But lawyers representing the retailer’s vendors said that amount doesn’t cover the $760 million in trade claims,...
August 07, 2018
In the first half of 2018, sales in the U.S. toy industry rose by 7 percent to $7.9 billion. The increase occurred during the liquidation of Toys R Us, market research group NPD said in a press release. “It is likely that the Toys R Us news has kept toys top-of-mind for parents and grandparents […]
May 15, 2018
Toys R Us CEO Dave Brandon — along with other members of the leadership team and the majority of employees—are leaving the company. A company spokesperson confirmed to Retail Dive that...
May 11, 2018
In every story of less, there is usually someone who gained. In the case of the massive Toys R Us bankruptcy, children’s apparel retailer The Children’s Place could end up unexpectedly...
April 25, 2018
To pay vendors for merchandise shipped after its bankruptcy filing in September, a lawyer for Toys R Us said the embattled retailer will create a $156 million fund. But lawyers...
