Toys “R” Us to add 100 stores to its global retail portfolio
A combination Toys R Us and Babies R Us store in San Antonio. The company plans to open more than 100 stores in the United States, France, Germany, Spain, U.K. and China this year alone.
Wayne, N.J.-based retailer Toys “R” Us Inc. recently announced plans to open more than 100 stores — more than 900,000 square feet of retail space — in 2013.
In the U.S., that figure includes 10 new, converted or relocated side-by-side stores; and nine new outlet centers.
In 2006, the chain began converting its existing stores to what the company calls its “side-by-side” format — which calls for putting the Toys and Babies “R” Us concepts under one roof.
The retailer is making a major push into several other countries as well — including opening new stores in France, Germany, Spain and the U.K.
China will be at the forefront of Toys “R” Us’ expansion plans for 2013. The company plans to open 22 new stores in the country. By the end of the year, the company plans to operate 51 stores in 27 cities throughout China.