Toys “R” Us, Babies “R” Us Expand Global Footprint
August 15, 2013
Wayne, N.J.-based Toys “R” Us Inc. plans to open more than 100 store in 2013. The planned growth will include new locations, the relocation and conversion of 14 stores to its side-by-side format, and 22 new licensed stores. These new stores are located throughout 21 of the 36 countries and jurisdictions in which Toys “R” Us Inc. currently has a presence through its wholly owned and licensed businesses, and represent the net addition of more than 900,000 sq. ft. of retail space to the company’s store portfolio. The company’s most significant expansion plans for 2013 are in China, where it has already begun operating several of 22 brand-new stores scheduled to open this year. The second largest area of growth for the company is the United States, where 19 new, converted or relocated stores are planned to open, including nine new outlet stores, bringing the total number to 25 outlet locations nationwide.