KB Toys aims to fill the void of Toys 'R' Us

KB Toys aims to fill the void of Toys 'R' Us

Amazon is reportedly considering the possibility of acquiring some of Toys "R" Us' soon-to-be-closed store locations in the U.S.

More than 50 suppliers, including Barbie maker Mattel (MAT.O) and Lego, have objected in some form to the proceedings by the storied toy retailer to shutter up to 735 USA stores and 30,000 jobs. Products could be felt, touched, and demonstrated in a physical store setting much easier than they can be online. MGA Entertainment CEO Isaac Larian, for one, told Kidscreen last week that TRU's closures could cause toymakers to see company revenue declines of up to 15% this year.

A bigger network of stores would put inventory closer to where shoppers live, potentially enabling quick delivery to e-commerce customers.

According to Bloomberg, Amazon in 2015 considered making an offer for some RadioShack locations but did not. The toy superstore chain, which last week announced plans to dissolve its USA operations, came seeking court approval for its liquidation sale plan.

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"We are grateful for the hard work of Toys "R" Us staff during this very difficult period and will be providing support where we can to those who have been made redundant".

Last week, Toys R Us announced it would liquidate the inventory in its 735 USA stores.

"My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go", said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. The company has announced that it will shut down all its stores in the U.K. The future of its stores in Australia, France, Poland, Portugal and Spain are also hanging in balance.

They plan to have their stores up and running before Christmas.

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